Silvercorp Metals (SVM) Gets Higher Price Target from Roth Capital after Kyrgyzstan Project Update

Silvercorp Metals Inc. (NYSEAMERICAN:SVM) is included among the 10 Best Canadian Dividend Stocks to Buy for the Next 5 Years.

Silvercorp Metals (SVM) Gets Higher Price Target from Roth Capital after Kyrgyzstan Project Update

On June 25, Roth Capital raised its price recommendation on Silvercorp Metals Inc. (NYSEAMERICAN:SVM) to $14 from $13.75. It reiterated a Buy rating on the stock. The analyst said the move came after the company unveiled a development plan for the Chaarat ZAAV project in Kyrgyzstan. According to Roth, Silvercorp is making a meaningful financial commitment to the project, a step the firm views favorably because of its long-term potential.

Silvercorp also delivered a strong finish to fiscal Q4 2026. The company kept production running through the Chinese New Year. It produced about 1.5 million ounces of silver and 2,492 ounces of gold, equal to roughly 1.6 million silver-equivalent ounces. The quarter also marked a record for revenue. Silvercorp generated $147.4 million after selling around 1.5 million ounces of silver, 2,623 ounces of gold, 13.6 million pounds of lead, and 3.9 million pounds of zinc. Revenue nearly doubled from the same quarter a year ago, largely because the average realized silver price climbed 183% to $78.6 per ounce. Silver made up 78% of the company’s total quarterly revenue.

The company’s cash cost per ounce of silver, net of by-product credits, improved to negative $1.92 from $2.49 a year earlier. This improvement was mainly driven by the adoption of a more mechanized and lower-cost shrinkage mining method.

Silvercorp Metals Inc. (NYSEAMERICAN:SVM) is a Canadian mining company that produces silver, gold, lead, and zinc. The company focuses on acquiring, exploring, developing, and mining mineral properties.

While we acknowledge the risk and potential of SVM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SVM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Top 10 Blue Chip Stocks with Growing Dividends and 10 Reliable Dividend Stocks to Buy for Long-Term Investors

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1