Silvercorp Metals (TSE:SVM) Full Year 2024 Results
Key Financial Results
- Revenue: US$215.2m (up 3.4% from FY 2023).
- Net income: US$36.3m (up 76% from FY 2023).
- Profit margin: 17% (up from 9.9% in FY 2023). The increase in margin was primarily driven by lower expenses.
- EPS: US$0.20 (up from US$0.12 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Silvercorp Metals Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 3.2%.
Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company’s shares are up 4.2% from a week ago.
Risk Analysis
Don’t forget that there may still be…
