SVM
Silvercorp Metals Inc.
SVM's fundamentals are strong: revenue grew 59% and its operating margin rose 24 points to 56%, though earnings per share fell 60%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
SVM Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Healthy | |
| Healthy |
SVM's revenue, profitability, cash flow and balance sheet are all currently healthy.
SVM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.5x | $8.95 | — |
| Cheap | 14x | $1.38 | -85% |
| Fair | 18x | $1.84 | -79% |
| Expensive | 28x | $2.78 | -69% |
| Current | 88x | $8.95 | — |
Historical ranges are pointers, not guarantees.
SVM's PE is 88x, but its earnings don't support one, so it isn't a reliable read right now.
SVM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for SVM, but weaker profitability.
SVM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.94 | +838% |
| Q2 2026 | $0.10 | -60% |
| Q1 2026 | -$0.04 | -114% |
| Q4 2025 | -$0.08 | -122% |
| Q3 2025 | $0.12 | -60% |
| Q2 2025 | $0.25 | -7.4% |
| Q1 2025 | $0.29 | +45% |
| Q4 2024 | $0.36 | +112% |
| Q3 2024 | $0.30 | +67% |
SVM's earnings per share have fallen from their peak: $0.10 over the past year, against $0.36 in late 2024.
SVM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $135.1M | +66% |
| Q1 2026 | $145.3M | +93% |
| Q4 2025 | $128.1M | +53% |
| Q3 2025 | $82.4M | +21% |
| Q2 2025 | $81.3M | +13% |
| Q1 2025 | $75.1M | +76% |
| Q4 2024 | $83.6M | +43% |
| Q3 2024 | $68M | +26% |
SVM's revenue has grown year over year for 10 quarters in a row: $135M last quarter, up 66% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 56% | +19 points |
| Q1 2026 | 64% | +61 points |
| Q4 2025 | 56% | +8.9 points |
| Q3 2025 | 44% | +3.1 points |
| Q2 2025 | 38% | -9.1 points |
| Q1 2025 | 3.1% | -23 points |
| Q4 2024 | 47% | +17 points |
| Q3 2024 | 41% | +9.2 points |
SVM's operating margin was 56% last quarter, up 19 points from the same quarter a year ago.
SVM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$34.1M | -251% |
| Q1 2026 | -$29.1M | +$3.4M |
| Q4 2025 | $86.9M | +139% |
| Q3 2025 | $11.2M | +$15.6M |
| Q2 2025 | $22.5M | -4.5% |
| Q1 2025 | -$32.5M | -$26.6M |
| Q4 2024 | $36.4M | +70% |
| Q3 2024 | -$4.4M | -133% |
SVM usually generates cash, though not every quarter: the latest was −$34M, but it generated $35M over the past year.
SVM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +16% | +35.7M shares |
| 1 year | +18% | +38.6M shares |
| 3 years | +43% | +76.7M shares |
| 5 years | +44% | +78.1M shares |
| Available history | +49% | +84.7M shares |
SVM has 257M diluted shares, up 18% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $963,000 |
| Q3 2024 | — |
SVM hasn't bought back shares in the past year.
SVM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -2.3x | Net Cash |
| Q4 2025 | -1.2x | Net Cash |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | -1.9x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -1.6x | Net Cash |
| Q3 2024 | -1.4x | Net Cash |
SVM has more cash than debt.
SVM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.7 | Neutral |
| Stochastic | 15.8 | Oversold |
SVM's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
SVM PE vs Basic Materials Sector
| Metric | SVM | Sector median | Relative |
|---|---|---|---|
| PE | 88x | 19x | 373% above |
| PE % | 99 | 40 | 59 pts above |
SVM is trading at 88x earnings, a 373% premium to the Basic Materials sector's median of 19x, though its earnings don't support one.
SVM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.55 | 6.3% below |
| 20 week MA | $10.5 | 14% below |
| 50 week MA | $10.8 | 17% below |
| 100 week MA | $7.64 | 17% above |
| 200 week MA | $5.43 | 65% above |
SVM has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 65% above its 200-week average.
SVM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.64 | $6.53 | +16% |
| 2021 | $6.53 | $3.84 | -41% |
| 2022 | $3.84 | $3.04 | -21% |
| 2023 | $3.04 | $2.63 | -13% |
| 2024 | $2.63 | $3.00 | +14% |
| 2025 | $3.00 | $8.90 | +197% |
| 2026 YTD | $8.90 | $8.95 | +0.6% |
SVM's yearly returns have swung widely, from +197% in 2025 to −41% in 2021. It's up 0.6% so far in 2026.