$SVM

Silvercorp Metals Inc. (TSX: SVM, NYSE: SVM) shareholders approved all proposals at its annual meeting, including director elections, Article amendments, and a compensation plan update. 55.69% of shares voted, with 95.74% supporting Article changes to align with Hong Kong listing rules and 84.51% backing the compensation plan. Deloitte LLP was reapproved as auditor. These changes may aid future Hong Kong market compliance and reflect shareholder confidence.

Silvercorp Metals Inc. (TSX/NYSE: SVM) reported that all matters submitted to shareholders were approved at its annual meeting. 55.69% of votes were represented, with amendments to articles and share-based compensation plan passing. Shareholders also re-approved Deloitte LLP as auditor. The company focuses on silver, gold, lead, and zinc production.

Silvercorp Metals (SVM) announced a share repurchase program for up to 4% of its outstanding shares, causing its stock to rise 9% to $12.18 in Thursday trading. The shares have ranged from $5.02 to $15.77 over the past year.

Australian small-cap index S&P/ASX Small Ordinaries rose 0.06% on Wednesday. Nova Minerals (ASX:NVA) received equipment for its US antimony facility, supported by a US$43.4M US Defense Production Act award. Sovereign Metals (ASX:SVM) outlined a US$722M rare earth opportunity at Kasiya. D3 Energy (ASX:D3E) plans remedial work on two wells. Noble Helium (ASX:NHE) mobilized for drilling in Tanzania.

Silvercorp Metals (SVM) plans to hold a shareholder meeting on September 25, 2026, to vote on a Hong Kong Stock Exchange listing, director elections, and other corporate matters. The company aims to comply with Hong Kong Listing Rules and disclose executive compensation details, including US$6.63M in NEO compensation for fiscal 2026.

Salazar Resources Limited (TSXV: SRL) announced a 121% increase in the after-tax NPV of Ecuador’s El Domo mine, now valued at US$573 million. Salazar holds a 25% interest, fully carried through to production, with no funding required. The mine, under construction by Silvercorp Metals, is expected to produce copper, gold, zinc, lead, and silver, with first commercial production targeted for mid-2027. The updated study also showed a 10% increase in Mineral Reserves and higher metal price assumptio

Silver prices surged 20% in August, reaching $70/oz, driven by US Treasury bond buybacks. Miners like Hecla Mining (HL) and Wheaton Precious Metals (WPM) saw gains of 47% and 44%, respectively. Analysts' year-end targets range from $67 to $118/oz, reflecting uncertainty about future price movements.

Canada’s TSX futures were muted at the start of the week as investors weighed Middle East developments and upcoming U.S. data. The TSX rose 244.92 points to 36,381.23 Friday. Barrick Mining missed Q2 profit estimates; its U.S.-listed shares fell about 5% premarket. Earnings due include Cargojet and Silvercorp Metals; BoC expected to hold rates.

Silvercorp Metals’ Q1 2027 call cited 70% revenue growth driven by a 135% rise in realized silver prices, averaging over $69/oz after smelter deductions. Silver, lead and zinc output fell 15% to 17% after China safety-driven suspensions. Cash was $387M plus $304M investments. Guidance assumes gradual restart; El Domo targets summer 2027.

Silvercorp Metals Inc. (SVM) used its fiscal Q1 2027 earnings call to focus on Q2 output amid a temporary China shutdown. It kept its Q2 production target at 40% to 50% of the original plan while assessing safety upgrades. Q1 revenues rose 70% to $138.7M, adjusted EPS was $0.21, and operating cash flow was $61.7M.