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BRIEF-Silvercorp Metals Q3 Earnings Per Share $0.05

Published 2019-02-14, 04:37 p/m
BRIEF-Silvercorp Metals Q3 Earnings Per Share $0.05
SVM
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Silvercorp Metals Inc SVM.TO :

* SILVERCORP REPORTS Q3 NET INCOME OF $8.7 MILLION, $0.05 PER SHARE, AND PROVIDES FISCAL 2020 PRODUCTION AND CASH COSTS GUIDANCE

* Q3 EARNINGS PER SHARE $0.05

* Q3 SALES FELL 5 PERCENT TO $42.4 MILLION

* QTRLY ORE MINED UP 3% TO 260,278 TONNES COMPARED TO PRIOR YEAR QUARTER

* SOLD APPROXIMATELY 1.7 MILLION OUNCES OF SILVER, 1,100 OUNCES OF GOLD, AND 17.8 MILLION POUNDS OF LEAD IN QUARTER

* IN FISCAL 2020, COMPANY EXPECTS TO PROCESS APPROXIMATELY 900,000 TONNES OF ORE, YIELDING 6.1 MILLION OUNCES OF SILVER

* IN FISCAL 2020, COMPANY EXPECTS TO PRODUCE 65.1 MILLION POUNDS OF LEAD, AND 21.8 MILLION POUNDS OF ZINC

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