ABRDN Physical Silver Shares ETF Falls 5.8%, Global X Silver Miners ETF Declines 4%, iShares Silver Trust Decreases by 5.8%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 26 2026
0mins
Source: moomoo
Physical Silver Shares Decline: Physical silver shares have decreased by 5.8%, indicating a downturn in the market for tangible silver assets.
Global Silver Miners Performance: Global silver miners have also seen a decline, with shares down by 4%, reflecting broader challenges in the mining sector.
Silver Trust Shares Drop: Shares in silver trusts have experienced a similar drop of 5.8%, suggesting a negative trend in investment vehicles tied to silver.
Market Trends: The overall trend indicates a significant downturn in the silver market, affecting both physical assets and investment trusts.
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Analyst Views on SVM
Wall Street analysts forecast SVM stock price to fall
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 10.510
Low
8.65
Averages
8.82
High
9.00
Current: 10.510
Low
8.65
Averages
8.82
High
9.00
About SVM
Silvercorp Metals Inc. is a Canadian mining company producing silver, gold, lead, and zinc. The Company is engaged in the acquisition, exploration, development, and mining of mineral properties. The Company's producing mines are located in China and exploration and development projects are located in China and Ecuador. In the Ying Mining District, it has about seven underground mines (SGX, HZG, HPG, TLP, LME, LMW and DCG) and two processing plants. The GC silver-lead-zinc mine is located approximately 200 km west of Guangzhou, the capital city of Guangdong Province, China. El Domo project is a copper-gold mine under construction in central Ecuador, approximately 150 km northeast of the major port city of Guayaquil. The BYP Mine is located approximately 220 km southwest of Changsha, the capital city of Hunan Province, China. Condor project is located in one of Ecuador's developed mining regions. It also has interest in Tulkubash/Kyzyltash Gold Projects, Kyrgyzstan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Silvercorp Releases 2026 Technical Report on Ying Property
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- Metal Production Plan: Over the planned 17-year mine life, approximately 106 million ounces of silver, 12.6 thousand ounces of gold, 38.6 thousand tonnes of lead, and 5.1 thousand tonnes of zinc are expected to be produced, ensuring stable revenue streams for the company in the metals market.
- Optimistic Economic Assessment: Based on long-term metal price forecasts, Silvercorp's pre-tax and post-tax net present values are projected at $1.275 billion and $1.03 billion, respectively, demonstrating the project's economic viability and investment attractiveness.
- Future Expansion Potential: The report highlights the potential to extend the mine life to 2042, with further exploration and development likely to uncover additional resources, providing ongoing growth opportunities for the company.
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Salazar Resources Unveils Dual Mineral Potential in Ecuador
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- Copper-Molybdenum Porphyry Scale: The Tarqui porphyry system exhibits a 1.8-kilometer by 1.0-kilometer surface anomaly, with historical drilling revealing copper equivalent grades up to 0.34%, suggesting the project has the potential for large-scale mining and could become a major resource in the future.
- Geological Advantage: Located within the renowned Zamora Copper-Gold Belt and near several large deposits, the project enhances Salazar's chances of exploration success, with CEO Fredy Salazar noting that the mineralized systems at Tarqui and Quimi are open in multiple directions, presenting significant discovery potential.
- Market Outlook: With the improving mining environment in Ecuador, Salazar is positioned favorably to attract capital, and the combination of high-grade gold-silver veins and bulk-tonnage copper-molybdenum porphyry could significantly enhance the company's market value.
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- Substantial Revenue Growth: The company achieved Q4 revenue of $147.4 million, a 96.2% year-over-year increase, aligning with market expectations and demonstrating enhanced sales and production capabilities, particularly in silver and gold sales.
- Significant Cost Improvement: The cash cost per ounce of silver was negative $1.92, a notable improvement from $2.49 in the same quarter last year, showcasing the company's success in cost control, which further strengthens its profitability.
- Robust Free Cash Flow: The company generated a free cash flow of $57.9 million, up $43.7 million from the previous year, reflecting strong cash flow from operating activities and enhancing its capacity for future investments and dividends.
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Silvercorp Metals Reports Record Financial Results for Fiscal Year 2026
- Strong Quarterly Performance: Silvercorp produced approximately 1.5 million ounces of silver and 2,623 ounces of gold in Q4 Fiscal 2026, achieving quarterly revenue of $147.4 million, a 96% increase year-over-year, primarily driven by a 183% rise in silver prices to $78.6 per ounce, showcasing the company's robust performance in the metals market.
- Annual Revenue Growth: Total revenue for Fiscal 2026 reached $438.1 million, up 47% from the previous year, with silver sales accounting for 72%, reflecting the company's dominant position and sustained profitability in the silver market.
- Strong Cash Flow: Cash flow from operating activities amounted to $90.2 million, a 194% increase compared to the same period last year, demonstrating significant improvements in cost control and production efficiency, which further enhances the company's financial stability.
- Increased Capital Expenditures: The company reported capital expenditures of $124.4 million for Fiscal 2026, a 44% increase, primarily for mine development in China and Ecuador, indicating a strong commitment to future growth investments.
See More
Silvercorp Reports Fiscal 2026 Financial Results with Record Adjusted Net Income
- Strong Quarterly Performance: Silvercorp produced approximately 1.5 million ounces of silver and 2,623 ounces of gold in Q4 Fiscal 2026, achieving record quarterly revenue of $147.4 million, a 96% increase year-over-year, primarily driven by a 183% rise in silver prices, demonstrating the company's profitability in a high-price environment.
- Robust Cash Flow: Cash flow from operating activities reached $90.2 million, up 194% from the previous year, reflecting significant improvements in cost control and production efficiency, which enhance the company's financial stability.
- Annual Revenue Growth: Total revenue for Fiscal 2026 reached $438.1 million, a 47% increase year-over-year, with silver sales accounting for 72% of total revenue, indicating strong performance in the silver market and an increase in market share.
- Increased Capital Expenditures: The company’s capital expenditures for Fiscal 2026 totaled $124.4 million, a 44% increase compared to the previous year, primarily for mine development in China and Ecuador, showcasing the company's commitment to future growth through strategic investments.
See More
Multiple Companies Declare Quarterly Dividends
- Silvercorp Dividend Announcement: Silvercorp Metals declared a semi-annual dividend of $0.0125 per share, payable on or before June 25, 2026, aimed at enhancing shareholder returns and attracting more investor interest.
- Bentley Dividend Declaration: Bentley Systems announced a $0.07 per share cash dividend for Q2 2026, payable to all shareholders of record as of June 2, 2026, reflecting the company's ongoing profitability and commitment to its shareholders.
- TriCo Bancshares Dividend: TriCo Bancshares declared a quarterly cash dividend of $0.36 per share, marking the 147th consecutive dividend payment, showcasing its stable financial performance and long-term commitment to shareholders.
- PHINIA Dividend Announcement: PHINIA declared a quarterly cash dividend of $0.30 per common share, payable on June 23, 2026, to shareholders of record as of June 9, 2026, aimed at enhancing investor confidence through stable cash flows and supporting future growth.
See More
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- Significant Resource Increase: The 2026 Technical Report indicates a 90% increase in mineral reserves and a 37% increase in resources at the Ying Property in Henan Province, which will significantly enhance the company's long-term production capacity and market competitiveness.
- Metal Production Plan: Over the planned 17-year mine life, approximately 106 million ounces of silver, 12.6 thousand ounces of gold, 38.6 thousand tonnes of lead, and 5.1 thousand tonnes of zinc are expected to be produced, ensuring stable revenue streams for the company in the metals market.
- Optimistic Economic Assessment: Based on long-term metal price forecasts, Silvercorp's pre-tax and post-tax net present values are projected at $1.275 billion and $1.03 billion, respectively, demonstrating the project's economic viability and investment attractiveness.
- Future Expansion Potential: The report highlights the potential to extend the mine life to 2042, with further exploration and development likely to uncover additional resources, providing ongoing growth opportunities for the company.
See More
Salazar Resources Unveils Dual Mineral Potential in Ecuador
- High-Grade Gold-Silver Vein: Salazar's recent sampling at the Yumi vein system in Ecuador's Tarqui concession revealed gold grades up to 100 g/t and silver grades reaching 1,000 g/t, indicating significant high-grade mineral potential that could attract further investor interest.
- Copper-Molybdenum Porphyry Scale: The Tarqui porphyry system exhibits a 1.8-kilometer by 1.0-kilometer surface anomaly, with historical drilling revealing copper equivalent grades up to 0.34%, suggesting the project has the potential for large-scale mining and could become a major resource in the future.
- Geological Advantage: Located within the renowned Zamora Copper-Gold Belt and near several large deposits, the project enhances Salazar's chances of exploration success, with CEO Fredy Salazar noting that the mineralized systems at Tarqui and Quimi are open in multiple directions, presenting significant discovery potential.
- Market Outlook: With the improving mining environment in Ecuador, Salazar is positioned favorably to attract capital, and the combination of high-grade gold-silver veins and bulk-tonnage copper-molybdenum porphyry could significantly enhance the company's market value.
See More
Silvercorp Metals Q4 Earnings Beat Expectations
- Strong Earnings Performance: Silvercorp Metals reported a Q4 non-GAAP EPS of $0.27, beating expectations by $0.01, indicating a significant improvement in profitability and reflecting robust performance amid rising silver prices.
- Substantial Revenue Growth: The company achieved Q4 revenue of $147.4 million, a 96.2% year-over-year increase, aligning with market expectations and demonstrating enhanced sales and production capabilities, particularly in silver and gold sales.
- Significant Cost Improvement: The cash cost per ounce of silver was negative $1.92, a notable improvement from $2.49 in the same quarter last year, showcasing the company's success in cost control, which further strengthens its profitability.
- Robust Free Cash Flow: The company generated a free cash flow of $57.9 million, up $43.7 million from the previous year, reflecting strong cash flow from operating activities and enhancing its capacity for future investments and dividends.
See More
Silvercorp Metals Reports Record Financial Results for Fiscal Year 2026
- Strong Quarterly Performance: Silvercorp produced approximately 1.5 million ounces of silver and 2,623 ounces of gold in Q4 Fiscal 2026, achieving quarterly revenue of $147.4 million, a 96% increase year-over-year, primarily driven by a 183% rise in silver prices to $78.6 per ounce, showcasing the company's robust performance in the metals market.
- Annual Revenue Growth: Total revenue for Fiscal 2026 reached $438.1 million, up 47% from the previous year, with silver sales accounting for 72%, reflecting the company's dominant position and sustained profitability in the silver market.
- Strong Cash Flow: Cash flow from operating activities amounted to $90.2 million, a 194% increase compared to the same period last year, demonstrating significant improvements in cost control and production efficiency, which further enhances the company's financial stability.
- Increased Capital Expenditures: The company reported capital expenditures of $124.4 million for Fiscal 2026, a 44% increase, primarily for mine development in China and Ecuador, indicating a strong commitment to future growth investments.
See More
Silvercorp Reports Fiscal 2026 Financial Results with Record Adjusted Net Income
- Strong Quarterly Performance: Silvercorp produced approximately 1.5 million ounces of silver and 2,623 ounces of gold in Q4 Fiscal 2026, achieving record quarterly revenue of $147.4 million, a 96% increase year-over-year, primarily driven by a 183% rise in silver prices, demonstrating the company's profitability in a high-price environment.
- Robust Cash Flow: Cash flow from operating activities reached $90.2 million, up 194% from the previous year, reflecting significant improvements in cost control and production efficiency, which enhance the company's financial stability.
- Annual Revenue Growth: Total revenue for Fiscal 2026 reached $438.1 million, a 47% increase year-over-year, with silver sales accounting for 72% of total revenue, indicating strong performance in the silver market and an increase in market share.
- Increased Capital Expenditures: The company’s capital expenditures for Fiscal 2026 totaled $124.4 million, a 44% increase compared to the previous year, primarily for mine development in China and Ecuador, showcasing the company's commitment to future growth through strategic investments.
See More
Multiple Companies Declare Quarterly Dividends
- Silvercorp Dividend Announcement: Silvercorp Metals declared a semi-annual dividend of $0.0125 per share, payable on or before June 25, 2026, aimed at enhancing shareholder returns and attracting more investor interest.
- Bentley Dividend Declaration: Bentley Systems announced a $0.07 per share cash dividend for Q2 2026, payable to all shareholders of record as of June 2, 2026, reflecting the company's ongoing profitability and commitment to its shareholders.
- TriCo Bancshares Dividend: TriCo Bancshares declared a quarterly cash dividend of $0.36 per share, marking the 147th consecutive dividend payment, showcasing its stable financial performance and long-term commitment to shareholders.
- PHINIA Dividend Announcement: PHINIA declared a quarterly cash dividend of $0.30 per common share, payable on June 23, 2026, to shareholders of record as of June 9, 2026, aimed at enhancing investor confidence through stable cash flows and supporting future growth.
See More
