New Pacific Metals Corp. Virtually Opens The Market

, /PRNewswire/ -- Silver prices are surging, making the metal one of the best-performing assets in the markets in the Q2, and could continue rising as supply constraints put further pressure on the market. Global metal production has been severely disrupted due to government-mandated mining suspensions in response to the COVID-19 pandemic, with silver experiencing the hardest hit. As of , the equivalent of 65.8% of annual global silver production was put on hold and put a serious dent in silver output. Luckily, silver producers (NASDAQ:PAAS) (TSX:PAAS), (NYSE:SVM) (TSX:SVM), (NASDAQ:FSM) (TSX:FVI), and (NYSE:AG) (TSX:FR) are bringing projects back online and ramping up production to meet growing demand, while near-term producers like TSX:AXU) (NYSE:AXU) are getting ready to join the booming silver market.

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the fourth quarter and twelve months ended March 31, 2020 ("Fiscal 2020"). All amounts are expressed in US Dollars.