Silvercorp Metals Inc. (NYSEAMERICAN:SVM) is one of the best silver stocks to watch for in 2026, with analysts seeing roughly 29% upside in the stock. On February 9, Silvercorp Metals Inc. (NYSEAMERICAN:SVM) delivered solid third-quarter fiscal 2026 results characterized by record ore mined as it benefited from ongoing mine mechanization and greater use of cost-efficient shrinkage mining.
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The company produced 1.9 million ounces of silver, representing a 2% year-over-year decrease due to lower head grades, and 2096 ounces of gold. Nevertheless, the company’s third-quarter revenue was up 51% year over year to $126.11 million, as revenue for the first nine months of fiscal 2026 increased 30% to $290.78 million. Silvercorp Metals (NYSEAMERICAN:SVM) realized silver pricing of $49 million, with the precious metal accounting for 72% of total quarterly revenue.
Adjusted earnings for the quarter totaled $47.93 million, or $0.22 a share, a significant increase from $21.96 million, or $0.10 a share, delivered in the same quarter last year. On the other hand, capital expenditure in the quarter surged 75% to $44.3 million due to ongoing construction of the EL domo project and the Kuanping mine. However, the company ended the year with a record free cash flow of $89.6 million from $69 million in the third quarter of fiscal 2025.
Silvercorp Metals Inc. (AMEX:SVM) is a Vancouver-based Canadian mining company that acquires, explores, develops, and operates high-grade silver-lead-zinc underground mines. Primarily operating in China’s Ying Mining District and Guangdong Province, the company produces silver-bearing concentrates while expanding into gold and copper, with new projects in Ecuador.
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