Silvercorp Metals Q2 revenue and production down due to China safety regulations
SVM Silvercorp Metals Inc
$9.22 -0.97%
View chart & analysis → - 1Silvercorp Metals recorded Q2 revenue of $72 million.
- 2This represents a 13% decrease in Silvercorp Metals revenue compared to last year.
- 3The Chinese government imposed safety requirements on mine operations this spring.
So what's the key point?
Silvercorp Metals' revenue fell 13% because the Chinese government introduced new mining safety rules. Revenue for this quarter was $72 million.
Source The Motley Fool +1 · View original ↗
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