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Silvercorp: Fiscal Q1 Earnings Snapshot
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VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Silvercorp Metals Inc. (SVM) on Monday reported fiscal first-quarter net income of $59.4 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 24 cents. Earnings, adjusted for non-recurring gains, came to 21 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 21 cents per share.

The mineral miner posted revenue of $138.7 million in the period.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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