Silvercorp: Fiscal Q4 Earnings Snapshot

May 26, 2022 GMT

VANCOUVER, British Columbia (AP) _ Silvercorp Metals Inc. (SVM) on Thursday reported fiscal fourth-quarter net income of $4 million.

The Vancouver, British Columbia-based company said it had profit of 2 cents per share. Earnings, adjusted for non-recurring costs, were 5 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 5 cents per share.

The mineral miner posted revenue of $41.6 million in the period.

For the year, the company reported profit of $30.6 million, or 17 cents per share. Revenue was reported as $217.9 million.


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