Lower Production at Ying Mine Hurts Silvercorp Profit

Mineweb reported that Silvercorp’s (NYSE:SVM) profit fell due to lower production at its Ying silver mine.

As quoted in the market news:

Silvercorp, a Vancouver-based company focused on mining in China, said net income for its third quarter ended Dec. 31 fell to $20.0 million, or 12 cents a share, from $29.1 million, or 17 cents, a year earlier.

Click here to read the full Mineweb report.