Mit das gesündeste Silberminen Unternehmen
Silvercorp Metals Reports Adjusted Net Income of $39.3 Million, $0.22 Per Share, and Cash Flow From Operations of $91.6 Million for Fiscal 2024
HIGHLIGHTS FOR Q4 FISCAL 2024
Mined 195,160 tonnes of ore, milled 237,493 tonnes of ore, and produced approximately 1,916 ounces of gold, 1.2 million ounces of silver, or approximately 1.3 million ounces of silver equivalent, plus 12.5 million pounds of lead and 4.6 million pounds of zinc;
Sold approximately 1,916 ounces of gold, 1.1 million ounces of silver, 11.9 million pounds of lead, and 4.4 million pounds of zinc, for revenue of $42.7 million;
Reported net income attributable to equity shareholders of $5.5 million, or $0.03 per share;
Realized adjusted earnings attributable to equity shareholders of $3.8 million, or $0.02 per share. The adjusted earnings were impacted by an increase of $2.5 million in withholding tax paid on funds distributed out of China as dividends to the Company in Q4 Fiscal 2024;
Generated cash flow from operating activities of $10.2 million;
Cash cost per ounce of silver, net of by-product credits, of $1.22;
All-in sustaining cost per ounce of silver, net of by-product credits, of $14.36; and
Spent and capitalized $0.8 million on exploration drilling, $9.5 million on underground development, and $3.1 million on equipment and facilities, including $0.8 million on construction of the new tailings storage facility.
Strong balance sheet with $184.9 million in cash and cash equivalents and short-term investments. The Company holds a further equity investment portfolio in associates and other companies with a total market value of $112.3 million as at March 31, 2024.
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