In the fourth quarter, the company reported a significant increase in its ore processing and silver production capabilities. The volume of ore processed reached 345,984 tonnes, marking a 46% rise compared to the same period in Fiscal 2024.
Silver production saw significant growth, with 1.6 million ounces produced, reflecting a 42% increase over Q4 Fiscal 2024. This boost in silver output led to a rise in silver equivalent production, which includes only silver and gold, totaling approximately 1.9 million ounces. This is up from 1.3 million ounces in the previous year's fourth quarter.
Lead production also experienced a substantial uptick, reaching approximately 16.3 million pounds, which is 30% higher than the prior year. However, zinc production saw a slight decline, with a 3% decrease resulting in approximately 4.4 million pounds produced.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Silvercorp Metals Inc (SVM, Financial) is $5.55 with a high estimate of $6.00 and a low estimate of $5.33. The average target implies an upside of 45.67% from the current price of $3.81. More detailed estimate data can be found on the Silvercorp Metals Inc (SVM) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Silvercorp Metals Inc's (SVM, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Silvercorp Metals Inc (SVM, Financial) in one year is $3.92, suggesting a upside of 2.89% from the current price of $3.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Silvercorp Metals Inc (SVM) Summary page.
