Group 1: CoreWeave Inc Financial Results - CoreWeave reported a revenue of $1.21 billion for the second quarter, exceeding analysts' expectations of $1.08 billion [1] - The company's adjusted loss per share was 27 cents, which was worse than the anticipated loss of 17 cents per share [1] Group 2: Stock Movements - CoreWeave shares fell 8.8% to $135.72 in pre-market trading following the mixed quarterly results [2] - Profrac Holding Corp shares tumbled 29.4% to $4.46 after pricing a $75 million stock offering at $4 per share [4] - CAVA Group Inc shares dipped 24% to $64.26 after reporting worse-than-expected quarterly sales results [4] - Journey Medical Corp shares declined 20.5% to $6.79 after reporting disappointing second-quarter EPS results [4] - Ondas Holdings Inc shares fell 17.5% to $3.54 after announcing a proposed public offering [4] - KinderCare Learning Companies Inc shares dropped 16.4% to $8.20 after missing second-quarter earnings estimates and narrowing 2025 guidance [4] - Endeavour Silver Corp shares fell 13.9% to $4.95 after posting a loss for the second quarter [4] - Stratasys Ltd shares dipped 13.4% to $9.80 following second-quarter results [4] - Denison Mines Corp shares declined 8.8% to $1.97 as the company announced the pricing of upsized $300 million convertible senior notes offering [4] - Hanesbrands Inc shares fell 7.7% to $5.70 after a previous jump of 28% due to acquisition news [4] - Penguin Solutions Inc shares fell 5.8% to $22.84 in pre-market trading [4]

Core Viewpoint - Endeavour Silver Corp. reported strong financial and operational results for Q2 2025, showcasing increased silver equivalent production, significant revenue growth, and successful integration of Minera Kolpa into its operations [2][3]. Financial Overview - Silver ounces produced in Q2 2025 reached 1,483,736, a 13% increase from 1,312,572 ounces in Q2 2024. However, gold production decreased by 26% to 7,755 ounces [5][6]. - Revenue from operations was $85.3 million, a 46% increase compared to $58.3 million in Q2 2024, driven by higher sales volumes and realized prices [6][7]. - Mine operating cash flow before working capital changes was $22.9 million, up 21% from $18.9 million in Q2 2024 [6][11]. - The company ended Q2 2025 with a consolidated cash balance of $52.5 million [6]. Production Costs - Cash costs per silver ounce increased by 14% to $15.35 in Q2 2025, while all-in sustaining costs rose by 9% to $25.16 per ounce [5][10]. - Direct operating costs per tonne were $142.00, slightly higher than $140.36 in Q2 2024, influenced by maintenance and the addition of Kolpa [7][9]. Acquisition and Growth - The acquisition of Minera Kolpa was completed on May 1, 2025, which included a $50 million equity financing to fund the cash component of the acquisition [6][12]. - The Terronera project is nearing commercial production, with increased throughput rates reported at the end of July 2025 [6][12]. Earnings and Losses - The company reported a net loss of $20.5 million for Q2 2025, compared to a net loss of $14.0 million in Q2 2024, primarily due to operating losses from the Terronera project [15][13]. - Adjusted net loss was $9.2 million, significantly higher than the adjusted net loss of $1.0 million in Q2 2024 [15][28]. Management Update - Allison Pettit has been promoted to Vice President of Investor Relations, effective August 1, 2025, to enhance the company's investor relations and communications strategies [19][20].

Core Insights - Endeavour Silver Corp. reports steady progress at its Terronera mine in Jalisco, Mexico, with significant improvements in milling rates and recovery percentages for silver and gold [1][4]. Production and Operations - In July, a total of 57,080 tonnes were milled at the Terronera mine, averaging 1,841 tonnes per day (tpd), with current milling rates now between 1,900 and 2,000 tpd [2]. - Silver and gold recoveries since July 16 have averaged 71% and 67%, respectively, while processing lower-grade material [2]. - Higher-grade material is scheduled for processing soon, which is expected to enhance recoveries directly [3]. Management Commentary - The Chief Operating Officer expressed satisfaction with the startup progress, highlighting the team's ownership and management of early challenges [4]. - The focus is on implementing a business readiness plan to ensure successful operations of Endeavour's next core asset [4]. Company Overview - Endeavour Silver is a mid-tier precious metals company committed to sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [5].

Core Viewpoint - Endeavour Silver Corp. is making steady progress at its Terronera mine in Jalisco, Mexico, with increasing milling rates and improving recovery rates for silver and gold [1][4]. Production and Operations - In July, a total of 57,080 tonnes were milled at the Terronera mine, averaging 1,841 tonnes per day (tpd) [2]. - Current milling rates have increased to between 1,900 and 2,000 tpd, with silver and gold recoveries averaging 71% and 67% respectively since July 16 [2]. - Higher-grade material is expected to be processed soon, which is anticipated to enhance recovery rates further [3]. Management and Strategy - The Chief Operating Officer expressed satisfaction with the startup progress and emphasized the team's ownership of the mill startup and throughput increase [4]. - The company is focused on implementing a business readiness plan to ensure successful operations at the Terronera mine [4]. Company Overview - Endeavour Silver is a mid-tier precious metals company committed to sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [5].

Core Insights - Endeavour Silver Corporation (EXK) produced 2.5 million silver-equivalent ounces (AgEq) in Q2 2025, a 17% increase year-over-year, attributed to the addition of the Kolpa operation in May 2025 [1][8] Production Performance - Consolidated silver production rose 13% year-over-year to 1,483,736 ounces; however, excluding Kolpa, production decreased by 16% [2] - Guanaceví's silver production was 997,875 ounces, down 17% year-over-year, while Bolanitos saw a 10% decline to 105,223 ounces [2] - Total gold production fell 26% year-over-year to 7,755 ounces, with Bolañitos down 34% to 4,193 ounces and Guanaceví down 16% to 3,562 ounces [3] Sales and Inventory - Total silver ounces sold increased 21% year-over-year to 1.48 million ounces, while gold sales decreased by 22% to 7,706 ounces [4] - At the end of the quarter, the company held 242,980 ounces of silver and 701 ounces of gold in bullion inventory, along with 24,970 ounces of silver and 399 ounces of gold in concentrate inventory [4] Financial Updates - Endeavour Silver announced a deal to sell up to $60 million worth of common shares over the next 24 months through at-the-market distributions on the New York Stock Exchange [5][6] - The proceeds will be used for the evaluation and development of Pitarrilla and Parral properties, covering cash shortfalls during the ramp-up of operations at the Terronera project, and for exploration and working capital needs [6] Stock Performance - EXK shares have gained 12.4% over the past year, outperforming the industry growth of 6.6% [7]

Core Viewpoint - Endeavour Silver Corp. has entered into a sales agreement to raise up to US$60 million through the sale of common shares over approximately 24 months, utilizing various financial agents for the offering [1][2]. Group 1: Offering Details - The offering will be conducted via a prospectus supplement dated July 10, 2025, linked to the existing U.S. registration statement and Canadian base shelf prospectus [2]. - The common shares will be sold at market prices prevailing at the time of each sale, with no sales occurring on the Toronto Stock Exchange [1][2]. - The company will pay the agents a compensation of 2.00% of the gross sales price per common share sold under the sales agreement [4]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to advance the evaluation and development of the Pitarrilla and Parral properties, fund cash requirements during the ramp-up of operations at the Terronera project, assess potential acquisition opportunities, continue exploration at existing properties, and support working capital needs [3]. Group 3: Company Overview - Endeavour Silver is a mid-tier precious metals company focused on sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [6].

Core Viewpoint - Endeavour Silver Corp. has entered into a sales agreement to raise up to US$60 million through the sale of common shares over approximately 24 months, utilizing various financial agents for the offering [1][2]. Group 1: Offering Details - The offering will be conducted via a prospectus supplement to the existing U.S. registration statement and Canadian short form base shelf prospectus, both dated May 27, 2025 [2]. - The common shares will be sold at market prices prevailing at the time of each sale, with no sales occurring on the Toronto Stock Exchange [1][2]. - The company will pay the agents a compensation of 2.00% of the gross sales price per common share sold under the sales agreement [4]. Group 2: Use of Proceeds - Net proceeds from the offering will be used to advance the evaluation and development of the Pitarrilla and Parral properties, fund cash requirements during the ramp-up of operations at the Terronera project, assess potential acquisition opportunities, continue exploration at existing properties, and support working capital needs [3]. Group 3: Company Overview - Endeavour Silver is a mid-tier precious metals company focused on sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [6].

Company Overview - Endeavour Silver is a mid-tier silver producer with two high-grade, underground silver-gold mines in Mexico[12] - The company is building Mexico's next silver mine, with Terronera wet commissioning commenced in Q2 2025[12] - Endeavour Silver is strategically acquiring key assets through opportunistic mergers and acquisitions, such as the Kolpa Mine in Peru[12, 20] Production and Financial Outlook - The company's 2025 consolidated outlook includes silver production of 45 to 52 million ounces and gold production of 31 to 34 thousand ounces[15] - 2025 outlook includes all-in sustaining costs, net of gold credit, of $25 to $26 per silver ounce and cash costs, net of gold credit, of $16 to $17 per silver ounce[15] - The company's exploration budget for 2025 is $34 million[15] Kolpa Mine Acquisition - The acquisition of the Kolpa Mine in Peru is expected to increase Endeavour's annual production profile by 50 million silver equivalent ounces, assuming continued production at Kolpa is consistent with 2024 production[19, 26] - Kolpa's 2024 production included 20 million ounces of silver, 198 kilotonnes of lead, 126 kilotonnes of zinc, and 05 kilotonnes of copper, totaling 51 million silver equivalent ounces[23, 27] - Kolpa Mine's 2024 all-in sustaining cost on a by-product basis was $2280 per ounce, and the operating cost per tonne processed was $133[27] Terronera Project - The Terronera Project's updated initial capital costs are estimated at $332 million[63] - The Terronera project is expected to add 76 million silver equivalent ounces to the company's production[66] - The Terronera project is expected to have an average annual production of 40 million ounces of silver and 38000 ounces of gold over a 10-year mine life, equivalent to 70 million silver equivalent ounces[67] Guanacevi Mine - Guanacevi Mine's Proven reserves are 02 million tonnes at 506 g/t AgEq containing 33 million AgEq oz[37] - Guanacevi Mine's Probable reserves are 03 million tonnes at 414 g/t AgEq containing 34 million AgEq oz[37]

Group 1: Silver Market Overview - Silver has recently surpassed $37 per ounce, indicating a potential upward trend with minimal resistance until it reaches an all-time high of around $50 [1] - The supply-demand dynamics are critical, with analysts noting that silver mining production has not kept pace with increasing demand, leading to concerns about the availability of silver for extraction [2] - The silver-gold ratio is currently about 91, which is historically high, making silver an attractive investment compared to gold [3] Group 2: Investment Opportunities in Silver - Investors can gain exposure to silver through various means, including physical silver, exchange-traded funds (ETFs), and mining stocks [4] - Pan American Silver Corp. (NYSE: PAAS) is the world's fifth-largest silver producer, with a 12-month stock price forecast of $30.60, indicating a 5.21% upside potential [5] - Endeavour Silver Corp. (NYSE: EXK) is another notable mining company, with a 12-month stock price forecast of $6.83, representing a 36.89% upside potential [9] Group 3: Company Performance and Projections - Pan American Silver's stock price increased by 44.8% in 2025, driven by its acquisition of MAG Silver Corporation for $2.1 billion, which is expected to enhance its production capabilities [6] - Endeavour Silver's stock has also risen over 49% in the last month, with expectations to double its silver equivalent production from its flagship Terronera mine in 2025-2026 [10][11] - Both companies operate in Mexico, with Endeavour being significantly smaller than Pan American, having a market cap of just over $1 billion [12] Group 4: iShares Silver Trust - The iShares Silver Trust (NYSEARCA: SLV) tracks physical silver and has assets under management of $17.48 billion, with a current price of $33.50 [13][14] - The fund's performance mirrors the spot price of silver, having increased by 28.4% as of June 17, which aligns with the growth in silver prices [15] - Despite a 0.5% expense ratio, the iShares Silver Trust remains a viable option for investors seeking exposure to silver without the challenges of physical ownership [15]

Core Insights - Endeavour Silver Corp. reported positive drill results from its Pitarrilla project in Durango, Mexico, indicating high-grade silver, zinc, and lead mineralization, which enhances confidence in upgrading existing mineral resources [1][22]. Drill Results - Significant drill results from the Danna vein include a wide mineralized interval of 7.4 meters with grades of up to 1,127 grams per tonne (gpt) silver, 1.40% lead, and 4.36% zinc, translating to 1,319 gpt silver equivalent (AgEq) over 2.08 meters estimated true width (ETW) [7]. - Drill hole BPU-022 intersected 247 meters of apparent width with 254 gpt AgEq, with true width estimated at approximately 400 meters wide and up to 100 meters high in some areas [10][15]. - The Manto Pitarrilla structure showed high-grade intervals, including 2,680 gpt silver, 24.03% lead, and 18.90% zinc for 3,987 gpt AgEq over 0.60 meters in hole BPU-022 [4][15]. Geological Context - The Pitarrilla deposit consists of three mineralized domains and at least four identified sulphide mineralized veins, with structures extending from below marine sediments through Manto Pitarrilla into upper volcanics [5][6]. - The geological re-logging of historical drill core has improved understanding of the deposit's geology and mineralization controls, focusing on high-grade feeder structures believed to be the main conduits for mineralization [22][23]. Project Overview - The Pitarrilla project is a large undeveloped silver, lead, and zinc project located 160 kilometers north of Durango City, covering 4,752 hectares across five concessions, with significant infrastructure and key permits already in place for underground mining and development [24].