Silvercorp Metals Inc. (SVM) saw a surge in stock price to a new all-time high on Friday, rising by 10.88% to $11.31 per share. The increase was driven by strong preliminary earnings results for the third quarter of fiscal year 2026, with revenues jumping 51% to $126.1 million. Silver production slightly decreased to 1.9 million ounces, while lead production fell by 4%. However, zinc production increased by 5%. Official results will be released after market close on February 9. SVM remains a potential investment, but some AI stocks may offer greater returns with less downside risk.
Read more at Yahoo Finance: Silvercorp (SVM) Soars to All-Time High as Revenues Jump 51%
