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Silvercorp faces investigation after reporting sharp production drops and revenue decline.

Market News
12 Nov 2026, 18:30 WIB
PRNewsWire
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Bearish
Silvercorp faces investigation after reporting sharp production drops and revenue decline.

Silvercorp Metals announced a 13% drop in quarterly revenue to $72.1 million due to significant production shortfalls at its Ying Mining District, including a 41% decline in silver and lead output. Operations at its GC Mine remain suspended until late 2027 for a major redesign and regulatory approval. Following the announcement, Silvercorp's stock fell over 5%. Pomerantz LLP is investigating whether Silvercorp and its executives engaged in securities fraud or unlawful practices related to these disclosures.

Silvercorp Metals shares are trading at USD 8.99 on Pluang, down 2.49% in the last day. The stock's market cap stands at $2.05 billion, with a typical hold time of 12 days. These figures are current as of Nov 12, 2026 23:41 WIB.

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