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Silvercorp Metals Faces China Mine Suspension and Production Decline

The Motley Fool +1 ·

SVM
SVM Silvercorp Metals Inc
$10.31 +2.69%
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  1. 1Silvercorp Metals voluntarily suspended operations at its China mine in June.
  2. 2Production at Silvercorp Metals' flagship Ying mine fell by 40% to 50% in the previous quarter.
  3. 3Silvercorp Metals recorded a 1-year return of 41%.

So what's the key point?

Silvercorp Metals stopped its own mining operations in China. Production at its main mine dropped by nearly 50%, which could affect returns.

Source The Motley Fool +1 · View original ↗

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