Silvercorp’s Q1 revenue jumps to $69.7-million

Stockwatch | July 14, 2011 | 12:27 pm Precious Metals Europe Silver 

Silvercorp Metals Inc. has achieved record silver production and record sales for the first quarter of fiscal 2012.

Highlights

  • Record revenues of $69.7-million (U.S.), representing a 90-per-cent increase compared with the same quarter of fiscal 2011;
  • Record silver production of 1.6 million ounces, up 15 per cent from the same period a year ago;
  • Gold production of 1,390 ounces, a 30-per-cent increase compared with the same period last year.

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