Silvercorp Metals: A Great Trade Here, But Significant Risks Weigh

Silvercorp Metals Inc. is a good Buy on future weakness but a Hold for now here, supported by strong margin power and favorable metals pricing. Fiscal Q1 revenue rose 70% to $138.7 million, driven by a 135% higher realized silver price and resilient production despite some operational headwinds. EBITDA more than doubled year-over-year to $77.3 million, with adjusted EPS at $0.24, slightly below estimates due to elevated taxes and development spending.