Silverco Mining Ltd (SICO) Financings
TSXV: SICO · Silver · Production stage
- Market cap$434.7M
- Share price$7.77
- 52-week range$3.30 – $16.67
- Shares outstanding55,945,632
- ExchangeTSXV
- Websitewww.silvercomining.com
Silverco Mining Ltd. is a Canadian silver producer focused on building a leading multi-asset silver portfolio in Mexico. The Company owns 100% of the producing La Negra Mine in Queretaro and the past-producing Cusi Mining Complex in Chihuahua, two established underground mining operations with significant infrastructure, exploration upside, and district-scale land positions. The Company is restarting Cusi in H2 2026, positioning Silverco to become a significant primary silver producer in the Americas in the near term. Led by an experienced management team with a proven track record in mine development, operations, and capital markets, Silverco is focused on creating long-term shareholder value through disciplined growth and responsible mining practices, with a goal of becoming a 10-million-ounce per year silver equivalent producer within three years. Silverco's common shares trade on the TSX Venture Exchange under the symbol 'SICO' and on the OTCQB under the symbol 'SICOF'. More information on the Company and its projects can be found at www.silvercomining.com.
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Silverco Mining Ltd financial statements
Key figures read from 4 of 4 financial statement filings, Nov 28, 2025 to Aug 26, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | |
|---|---|---|
| Cash and equivalents | C$1,124,955 | C$2,002,050 |
| Total current assets | C$3,954,229 | C$4,318,925 |
| Total current liabilities | C$3,223,298 | C$1,456,219 |
| Working capital | C$730,931 | C$2,862,706 |
| Exploration and evaluation assets | C$7,555,692 | C$4,393,563 |
| Property, plant and equipment | C$369,333 | C$325,061 |
| Total assets | C$11,879,254 | C$9,037,549 |
| Total liabilities | C$6,180,114 | C$1,590,010 |
| Shareholders' equity | C$5,699,140 | C$7,447,539 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Apr 2024 | |
|---|---|---|
| Exploration and evaluation expense | C$11,076,827 | C$3,440,070 |
| General and administrative | C$219,176 | C$29,148 |
| Share-based compensation | C$1,480,949 | C$1,315,388 |
| Net income (loss) | (C$17,797,975) | (C$5,066,082) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Apr 2024 | |
|---|---|---|
| Operating cash flow | (C$14,595,812) | (C$3,477,273) |
| Investing cash flow | C$1,119,090 | (C$4,968,563) |
| Financing cash flow | C$12,583,500 | C$10,796,979 |
| Exploration spending (capitalized) | C$0 | (C$3,718,563) |
| Proceeds from share issues | C$12,814,467 | C$10,872,326 |
| Change in cash | (C$893,222) | C$2,351,143 |
| Cash at end of period | C$1,124,955 | C$2,002,050 |
Silverco Mining Ltd financings
1 financing announced or closed by Silverco Mining Ltd, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-29 | Silverco Mining Ltd (SICO) | LIFE offering, bought deal | Closed, 1 tranche | $62.5M | $12.50 | Silverco Announces $40 Million "Bought Deal" Offering |