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BRIEF-Silvercorp Metals Q3 earnings per share $0.02

Published 2016-02-05, 05:10 p/m
© Reuters.  BRIEF-Silvercorp Metals Q3 earnings per share $0.02
SVM
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Feb 5 (Reuters) - Silvercorp Metals Inc SVM.TO :
* Reports Q3 fiscal 2016 financial and operating results and fiscal 2017
guidance issued
* Says sales in Q3 fiscal 2016 were $29.1 million, down 28%, compared to $40.2
million in Q3 fiscal 2015
* Qtrly earnings per share $0.02
* Says capital expenditures in fiscal 2017 at the ying mining district are
budgeted at $30.2 million
* Q3 silver sales of 1.4 million ounces, lead sales of 15.1 million pounds &
zinc sales of 4.7 million pounds, down 15%, 9%, and 33%, respectively
* In fiscal 2017, ying mining district to mine 610,000 tonnes of ore averaging
260 g/t silver
* In fiscal 2017, gc mine plans to mine and process 250,000 tonnes of ore
averaging 109 g/t silver

* Source text for Eikon ID:nPn4lcH4q

* Further company coverage SVM.TO

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