Silverco Mining (TSXV:SICO) Retained Earnings: C$-28.27 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:SICO Silverco Mining Ltd TSXV:SICO
14 GF Score
Price C$6.71
! 1 Warning Sign
View Full Analysis

What is Silverco Mining Retained Earnings?

Silverco Mining TSXV:SICO -3.73% 14 Retained Earnings is C$-28.27 Mil as of Mar. 2026. GuruFocus rates TSXV:SICO with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Silverco Mining's retained earnings for the quarter that ended in Mar. 2026 was C$-28.27 Mil.

Silverco Mining's quarterly retained earnings declined from Sep. 2025 (C$-12.24 Mil) to Dec. 2025 (C$-22.86 Mil) and declined from Dec. 2025 (C$-22.86 Mil) to Mar. 2026 (C$-28.27 Mil).

Silverco Mining's annual retained earnings increased from . 20 (C$0.00 Mil) to Dec. 2024 (C$-5.07 Mil) but then declined from Dec. 2024 (C$-5.07 Mil) to Dec. 2025 (C$-22.86 Mil).


Silverco Mining  (TSXV:SICO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Silverco Mining Retained Earnings Historical Data

* Premium members only.

The historical data trend for Silverco Mining's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Silverco Mining Retained Earnings Chart

Silverco Mining Annual Data
Trend Dec24 Dec25
Retained Earnings
-5.07 -22.86

Silverco Mining Quarterly Data
Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial 0.00 -7.36 -12.24 -22.86 -28.27
TSXV:SICO
14GF Score
Silverco Mining Ltd TSXV:SICO
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silverco Mining Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of C$-28.27 Mil mean?
Silverco Mining (TSXV:SICO) has a Retained Earnings of C$-28.27 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Silverco Mining and its competitors.
Is Silverco Mining's Retained Earnings too high?
Silverco Mining's current Retained Earnings is C$-28.27 Mil. Overall, Silverco Mining has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Silverco Mining's Retained Earnings compare to competitors?
Silverco Mining's Retained Earnings of C$-28.27 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Silverco Mining and its competitors. Silverco Mining's current Retained Earnings is C$-28.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silverco Mining stock overvalued right now?
Silverco Mining (TSXV:SICO) has a current Retained Earnings of C$-28.27 Mil. The current Retained Earnings is C$-28.27 Mil. Silverco Mining's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Silverco Mining (TSXV:SICO), the current Retained Earnings is C$-28.27 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Silverco Mining Business Description

Address 750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Silverco Mining Ltd operates within the mining sector, involved initially in exploration and development of precious and base metals properties. It currently anticipates conducting exploration work on the Cusi Property located in Chihuahua State, Mexico. The Cusi Property is a permitted, past-producing underground silver-lead-zinc-gold project. It has infrastructure including paved highway access and connection to the national power grid.
14GF Score

Get the complete analysis for TSXV:SICO

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$6.71
Price