VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Silvercorp Metals Inc. (SVM) on Thursday reported a loss of $11.5 million in its fiscal second quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs, were 10 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The mineral miner posted revenue of $83.3 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SVM at https://www.zacks.com/ap/SVM
/AI%20(artificial%20intelligence)/Artificial%20intelligence%20and%20machine%20learning%20concept%20-%20by%20amgun%20via%20iStock.jpg)
/Broadcom%20Inc%20logo%20on%20building-by%20Poetra_%20RH%20via%20Shutterstock.jpg)
/Oracle%20Corp_%20logo%20on%20phone-by%20WonderPix%20via%20Shutterstock.jpg)
