Silvercorp: Fiscal Q1 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Silvercorp Metals Inc. (SVM) on Thursday reported fiscal first-quarter earnings of $9.2 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 5 cents. Earnings, adjusted for non-recurring costs, were 7 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 7 cents per share.

The mineral miner posted revenue of $60 million in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SVM at https://www.zacks.com/ap/SVM

Advertisement

Recommended Stories