Silvercorp Metals Inc.

TSX:SVM Stock Report

Market Cap: CA$3.9b

Silvercorp Metals Future Growth

Future criteria checks 5/6

Silvercorp Metals is forecast to grow earnings and revenue by 101.8% and 44.4% per annum respectively while EPS is expected to grow by 154% per annum.

Key information

101.8%

Earnings growth rate

153.98%

EPS growth rate

Metals and Mining earnings growth19.3%
Revenue growth rate44.4%
Future return on equityn/a
Analyst coverage

Low

Last updated29 Apr 2026

Recent future growth updates

Recent updates

Narrative Update • Mar 20

SVM: Ecuador Cost Revisions And El Domo Timeline Will Drive Upside

Analysts now see Silvercorp Metals' fair value holding around CA$18.94 per share, with recent CA$0.50, CA$1.00, CA$4.50 and CA$5.00 target changes reflecting refreshed views on growth, margins and future P/E assumptions across the latest research updates. Analyst Commentary Street research around Silvercorp Metals has recently included both higher and lower price targets, along with at least one downgrade, which signals that not every analyst is comfortable with the current risk and reward trade off.
Narrative Update • Mar 05

SVM: Tulkubash Development And Resource Base Will Support Future Upside

Analysts have nudged their blended CA$ price target for Silvercorp Metals slightly higher, to roughly CA$21.46 from about CA$21.08. This reflects recent mixed revisions in Street research that balance more cautious growth assumptions with improved margin and P/E expectations.
Narrative Update • Mar 05

SVM: Ecuador Projects And Cost Revisions Will Shape Balanced Risk Reward

The consolidated analyst price target for Silvercorp Metals has moved higher, reflecting recent upward revisions of CA$1 to CA$6 from several firms, partly offset by a CA$0.50 reduction, as analysts update their views on fair value, discount rates, revenue growth, and profit margins. Analyst Commentary Recent Street research on Silvercorp Metals shows a mix of higher and lower price targets, along with at least one downgrade, which signals that not all analysts are aligned on the risk and reward trade off at current levels.
Narrative Update • Feb 04

SVM: Tulkubash Investment And Reserves Will Drive Future Upside Potential

Analysts have raised their price targets on Silvercorp Metals, citing updated assumptions around higher fair value estimates, revised discount rates, and adjusted expectations for revenue growth, profit margins, and future P/E following a series of recent target hikes from firms including Canaccord, BMO Capital, Raymond James, and Roth Capital. Analyst Commentary Recent Street research on Silvercorp Metals reflects a cluster of revised price targets around the same time period, with several bullish analysts updating their models to reflect new fair value estimates.
Narrative Update • Jan 21

SVM: Kyrgyz And Ecuador Gold Projects Will Support A Balanced Outlook

Analysts have increased their fair value estimate for Silvercorp Metals from $13.62 to $17.22, citing updated assumptions around revenue growth, profit margins, and a lower expected future P/E multiple reflected in recent price target changes from several firms. Analyst Commentary Recent Street research on Silvercorp Metals reflects a mix of optimism and caution, with some firms raising price targets while others are stepping back on their ratings.
Narrative Update • Jan 07

SVM: Ecuador Project Progress And Index Additions Will Support Steady Outlook

Analysts have raised their price target on Silvercorp Metals by approximately $0.74 per share. They cite updated assumptions that include a higher fair value estimate, a revised discount rate, stronger revenue growth and profit margin expectations, and a lower future P/E multiple.
Narrative Update • Dec 18

SVM Will Face Downside Risk If Ecuador Expansion Disappoints

Analysts have raised their price target on Silvercorp Metals from approximately $7.35 to about $10.87 per share, citing accelerated production growth, expanding margins and valuation upside as new projects, particularly in Ecuador, come online. Analyst Commentary Recent coverage initiation has been broadly constructive, with new Buy and Overweight ratings highlighting Silvercorp Metals' leverage to rising silver prices, strong production growth profile and potential for multiple expansion as its Ecuador assets advance toward production.
Narrative Update • Dec 04

SVM: Ecuador Ramp Will Drive Production Toward 13 Million Ounces

Analysts have nudged their average price target for Silvercorp Metals slightly higher to about $7.50, citing expectations for robust production growth, leverage to silver prices and potential multiple expansion as new operations in Ecuador reduce risk in the overall profile. Analyst Commentary Recent research coverage has centered on Silvercorp Metals transition into a higher growth phase, with new operations expected to materially lift production and cash flow over the medium term.
Narrative Update • Nov 20

SVM: Production Will Accelerate As Ecuador Operations Are Set To Ramp Up

Analysts have modestly raised their price target for Silvercorp Metals from $12.87 to $12.88. They cite expectations of accelerated production growth, improved profit margins, and upcoming expansion into new operations.
Narrative Update • Nov 05

SVM: Future Profit Margins Expected To Rise As Ecuador Ramp-Up Begins

Analysts have raised their fair value price target for Silvercorp Metals from $12.50 to $12.87. This adjustment is attributed to higher profit margin expectations and recent positive coverage that initiated Buy and Overweight ratings.
Narrative Update • Oct 22

Analysts Raise Silvercorp Metals Price Target on Strong Growth Outlook and Project Advancements

Analysts have raised their price target for Silvercorp Metals from $10.45 to $12.50. They cite expectations for higher production growth, an improving risk profile, and strong leverage to silver prices.
Narrative Update • Oct 08

Renewables Transition Will Spur Silver And Mine Expansion

Analysts have raised their price target for Silvercorp Metals from $8.76 to $10.45, citing expected production growth, an improved risk profile, and favorable market positioning. Analyst Commentary Recent research coverage has highlighted several key factors driving both optimism and caution regarding Silvercorp Metals' outlook, with analysts updating their recommendations and price targets accordingly.
Analysis Article • Sep 25

Investors Appear Satisfied With Silvercorp Metals Inc.'s (TSE:SVM) Prospects As Shares Rocket 29%

Despite an already strong run, Silvercorp Metals Inc. ( TSE:SVM ) shares have been powering on, with a gain of 29% in...
Narrative Update • Sep 23

Renewables Transition Will Spur Silver And Mine Expansion

Analysts have raised their price target for Silvercorp Metals to CA$8.76, citing expectations for strong production growth, increased leverage to higher silver and gold prices, and lower operational risk as its Ecuador project comes online. Analyst Commentary Bullish analysts highlight an expectation of significant production growth, with Silvercorp Metals projected to reach 13 million silver equivalent ounces by FY28.
Analysis Article • Jul 03

We Ran A Stock Scan For Earnings Growth And Silvercorp Metals (TSE:SVM) Passed With Ease

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • May 30

Silvercorp Metals' (TSE:SVM) Promising Earnings May Rest On Soft Foundations

Silvercorp Metals Inc.'s ( TSE:SVM ) robust earnings report didn't manage to move the market for its stock. We did some...
Analysis Article • Feb 27

Silvercorp Metals Inc. (TSE:SVM) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Silvercorp Metals Inc. ( TSE:SVM ) shareholders would be excited to see that the share price has had a great month...
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New Narrative • Jan 24

New Developments At Ying And El Domo Projects To Increase Future Production

Increased production capacity at Ying is expected to enhance revenue and profitability through higher production volumes and reduced operational constraints.
Analysis Article • Nov 21

Silvercorp Metals Inc. (TSE:SVM) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Silvercorp Metals Inc. ( TSE:SVM ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article • Nov 12

Here's Why Silvercorp Metals (TSE:SVM) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Oct 04

Subdued Growth No Barrier To Silvercorp Metals Inc. (TSE:SVM) With Shares Advancing 30%

Silvercorp Metals Inc. ( TSE:SVM ) shareholders have had their patience rewarded with a 30% share price jump in the...
Analysis Article • Aug 22

Silvercorp Metals' (TSE:SVM) Earnings Are Of Questionable Quality

Unsurprisingly, Silvercorp Metals Inc.'s ( TSE:SVM ) stock price was strong on the back of its healthy earnings report...
Analysis Article • May 31

Earnings Tell The Story For Silvercorp Metals Inc. (TSE:SVM) As Its Stock Soars 26%

Despite an already strong run, Silvercorp Metals Inc. ( TSE:SVM ) shares have been powering on, with a gain of 26% in...

Earnings and Revenue Growth Forecasts

TSX:SVM - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20281,0685491726981
3/31/20275932833113782
3/31/2026435893503403
12/31/2025366-17138251N/A
9/30/20253232567163N/A
6/30/20253085452147N/A
3/31/20252995853139N/A
12/31/20242667133118N/A
9/30/2024241562097N/A
6/30/20242274938103N/A
3/31/2024215362892N/A
12/31/2023207313087N/A
9/30/2023207323389N/A
6/30/2023205202274N/A
3/31/2023208213186N/A
12/31/2022216242291N/A
9/30/2022216172694N/A
6/30/20222232937111N/A
3/31/20222183140107N/A
12/31/2021212344698N/A
9/30/2021206374093N/A
6/30/2021204434592N/A
3/31/2021192464186N/A
12/31/2020175434890N/A
9/30/2020166405491N/A
6/30/2020160375287N/A
3/31/2020159344277N/A
12/31/2019175434179N/A
9/30/201917346N/A74N/A
6/30/201917141N/A69N/A
3/31/201917140N/A70N/A
12/31/201817440N/A65N/A
9/30/201817644N/A73N/A
6/30/201817547N/A72N/A
3/31/201817047N/A68N/A
12/31/201716648N/A67N/A
9/30/201716949N/A68N/A
6/30/201716850N/A74N/A
3/31/201716344N/A77N/A
12/31/201614929N/A80N/A
9/30/201613019N/A61N/A
6/30/20161119N/A39N/A
3/31/20161086N/A32N/A
12/31/2015109-111N/A32N/A
9/30/2015120-109N/A38N/A
6/30/2015130-104N/A54N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SVM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3%).

Earnings vs Market: SVM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SVM is expected to become profitable in the next 3 years.

Revenue vs Market: SVM's revenue (44.4% per year) is forecast to grow faster than the Canadian market (4.9% per year).

High Growth Revenue: SVM's revenue (44.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SVM's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 07:05
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Silvercorp Metals Inc. is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicolas DionATB Cormark
Kevin O'HalloranBMO Capital Markets Equity Research
Dalton BarettoCanaccord Genuity