Silvercorp revenue increases 90 per cent to US$69.7 million in first quarter

VANCOUVER – Silvercorp Metals Inc. (TSX:SVM) says it booked revenue of US$69.7 million in the first quarter, up 90 per cent compared to the same quarter last year.

The company didn’t provide its earnings for the quarter.

Silvercorp said it sold $50.3 million in silver, gold, lead and zinc during the three months ended June 30.

Silvercorp Metals explores, develops and mines silver-related mineral properties in China and Canada.