Silvercorp Metals Inc.SVM.T -12.71% said third-quarter earnings fell to 1 cent a share from 3 cents and sales slumped to $24 million from $59 million. The silver miner said results were hurt by lower metal production and lower silver prices.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 14, 2014) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO) (SVM) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.005 per share (CAD$0.02 per share on an annual basis) to be paid on or before April 21, 2014, to shareholders of record at the close of business March 31, 2014. The dividends are considered eligible dividends for Canadian tax purposes.

About Silvercorp

Silvercorp is a low-cost silver-producing Canadian mining company with multiple mines in China which has paid a cash dividend since 2007. The Company is currently developing the GC project in southern China which it expects will become its next operating mine. The Company's vision is to deliver shareholder value by focusing on the acquisition of small-scale projects with resource potential and self-fund the growth of those assets. For more information, please visit our website at www.silvercorp.ca.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 13, 2014) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") ( SVM.TO )( SVM ) reported its financial and operating results for the third quarter ended December 31, 2013 ("Q3 Fiscal 2014").

THIRD QUARTER HIGHLIGHTS

Silver production of 0.9 million ounces and gold production of 1,985 ounces;
Lead production of 9.0 million pounds and zinc production of 1.7 million pounds;
Sales of $24.0 million;
Gross margin of 44%;
Cash flow from operations of $9.9 million, or $0.06 per share;
Net income of $2.2 million, or $0.01 per share; and
Cash cost per ounce of silver, net of by-product credits, of $2.00.

Q3 2014 Silvercorp Metals Inc Earnings Release - After Market on Feb. 13, 2014

Est. $0.03 per share