Endeavour Silver(EXK)
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Endeavour Silver Corp. (NYSE:EXK) Financial and Market Analysis
Financial Modeling Prep· 2025-11-07 17:00
Core Viewpoint - Endeavour Silver Corp. is experiencing mixed financial performance, with a recent quarterly loss but significant revenue growth, while analysts show cautious optimism regarding its future prospects [2][3][4][6]. Financial Performance - The company reported a quarterly loss of $0.03 per share, missing the Zacks Consensus Estimate of a $0.01 loss, marking a decline from the previous year's break-even earnings [3][6]. - Despite the loss, Endeavour Silver achieved a 46% increase in revenues year-over-year, indicating strong sales performance [3][6]. - Higher operational costs and a decline in gold output negatively impacted the company's financial results, leading to a cautious outlook from analysts [4][6]. Analyst Sentiment - The consensus price target for Endeavour Silver's stock has increased from $9.25 to $10.38 over the past year, reflecting growing optimism among analysts [2][6]. - Analyst Heiko Ihle from H.C. Wainwright has set a lower price target of $7, indicating potential caution in the near term despite a recent 6.9% rise in share price [2][4]. Strategic Focus - The company remains committed to its exploration and development projects, which are expected to drive future growth and improve financial performance [5][6].
Endeavour Silver (EXK) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2025-11-07 15:00
Core Insights - Endeavour Silver reported a quarterly loss of $0.01 per share, missing the Zacks Consensus Estimate of $0.05, representing an earnings surprise of -120.00% [1] - The company posted revenues of $111.4 million for the quarter ended September 2025, which was 10.71% below the Zacks Consensus Estimate, compared to $53.44 million in the same quarter last year [2] - The stock has increased approximately 100% since the beginning of the year, outperforming the S&P 500's gain of 14.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $142.87 million, while for the current fiscal year, it is -$0.06 on revenues of $430.09 million [7] - The estimate revisions trend for Endeavour Silver was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Mining - Silver industry is currently ranked in the top 2% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% of ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Endeavour Silver Announces Q3 2025 Financial Results; Earnings Call at 10AM PDT (1PM EDT) Today
Globenewswire· 2025-11-07 11:50
Core Insights - Endeavour Silver Corp. reported strong financial and operational results for Q3 2025, with significant increases in production and revenue, highlighting operational excellence and future growth potential [2][4]. Financial Overview - Silver ounces produced in Q3 2025 reached 1,766,926, a 102% increase from Q3 2024, while gold production decreased by 22% to 7,285 ounces [4][5]. - Silver equivalent production was 3,037,156 ounces, an 88% year-over-year increase [4][5]. - Revenue from operations was $111.4 million, a 109% increase compared to $53.4 million in Q3 2024 [6]. - Operating cash flow before working capital changes was $39.7 million, up 102% from $19.6 million in Q3 2024 [6][11]. - Adjusted EBITDA for Q3 2025 was $28.2 million, compared to $13.9 million in the same quarter of 2024, reflecting higher metal prices and contributions from new operations [5][6]. Production Costs - Cash costs per silver ounce were $18.09, a 59% increase from $11.35 in Q3 2024, driven by higher royalties and costs of third-party materials [9][10]. - All-in sustaining costs (AISC) per ounce rose to $30.53, an 18% increase from $25.82 in Q3 2024, influenced by higher corporate costs and cash costs [10][11]. - Direct operating costs per tonne increased to $144.88, slightly higher than $138.54 in Q3 2024, due to the addition of Kolpa and lower throughput at Bolañitos [8][10]. Operational Highlights - The company achieved commercial production at the Terronera mine in October 2025, with the plant exceeding 90% of its designed capacity during Q3 2025 [5][6]. - Processed tonnes increased to 400,245, a 129% increase from 175,065 tonnes in Q3 2024 [4][6]. Earnings and Losses - The company reported a net loss of $42.0 million for Q3 2025, compared to a net loss of $17.3 million in Q3 2024, primarily due to losses on derivative contracts [14][15]. - Adjusted net loss was $2.1 million, a significant decline from adjusted net earnings of $1.6 million in Q3 2024 [15][16].
Endeavour Silver Starts Commercial Production at Terronera
ZACKS· 2025-10-20 14:16
Core Insights - Endeavour Silver Corp. has achieved commercial production at its Terronera mine in Jalisco, Mexico, effective October 1, 2025, marking a significant milestone for the company as a mid-tier silver producer with a strong foundation for growth [1][9] Production Performance - The Terronera mine has consistently operated above 90% of its designed capacity of 2,000 tons per day, with metal recoveries at or above 90% since mid-August 2025, demonstrating operational strength and efficiency [2][9] - In Q3 2025, Endeavour Silver produced 3.04 million silver equivalent ounces, an 88% increase year-over-year, driven by the addition of the Kolpa operation and steady results from legacy mines [3] - Consolidated silver production rose 102% year-over-year to 1.77 million ounces in Q3 2025, while excluding Kolpa, production increased by 34% year-over-year [4][9] - Total gold production in Q3 2025 fell 22% year-over-year to 7,286 ounces [4] Industry Comparisons - Avino Silver & Gold Mines Ltd. produced 580,780 silver equivalent ounces in Q3 2025, a 13% decrease year-over-year, but aligned with expectations due to routine mine sequencing [5] - First Majestic Silver Corp. reported total production of 7.7 million silver equivalent ounces in Q3 2025, a 39% year-over-year increase, attributed to a 96% surge in silver production [7] - Buenaventura Mining produced 4,278,658 ounces of silver in Q3 2025, reflecting a 1% year-over-year rise, while gold production from direct operations decreased to 30,894 ounces [8]
Endeavour Silver (EXK) Jumps to Fresh Record as New Mine Site Sees Robust Mineral Recoveries
Yahoo Finance· 2025-10-17 14:10
Core Insights - Endeavour Silver Corp. (NYSE:EXK) has achieved a new all-time high, driven by strong mineral recovery rates at its new mining site in Jalisco, Mexico [1][3]. Performance Highlights - The stock reached a 52-week high of $10.37 during intra-day trading, closing up 6.95% at $10.15 [2]. - The new Terronera mine operated for 100 days with only eight days of downtime, maintaining metal recoveries above 90% since mid-August [2][3]. Production Goals - Endeavour Silver targets to produce approximately 360,000 tons over the next six months, with average grades of 122 g/t for silver and 2.52 g/t for gold [4]. - Higher grade zones are expected to be accessed by mid-2026, marking a significant milestone for the company [4]. Strategic Positioning - The company emphasizes its commitment to sustainable growth and aims to position itself as a leading mid-tier silver producer, laying a solid foundation for future expansion [5].
Endeavour Silver’s Terronera mine achieves commercial production in Mexico
Yahoo Finance· 2025-10-17 08:48
Core Insights - Endeavour Silver's Terronera mine in Jalisco, Mexico, has achieved commercial production status, marking a significant milestone for the company [1][2] - The mine has been operational for 100 days with only eight days of downtime, maintaining strong metal recoveries since mid-August [2] - The company anticipates a throughput of approximately 360,000 tonnes over the next six months, with projected average grades of 122 grams per tonne (g/t) silver and 2.52 g/t gold [3] Production and Operations - The Terronera mine surpassed an average of 90% of its designed capacity of 2,000 tonnes per day during the commissioning phase [1] - The operations achieved at least 90% of the anticipated metal recoveries, indicating efficient processing [1] - Access to higher-grade zones is expected by mid-2026, which may further enhance production capabilities [3] Future Outlook - The management plans to announce annualized production and cost guidance for the Terronera mine in January 2026 [4] - Endeavour Silver operates four active mines in Mexico and Peru and has a portfolio of exploration projects across Mexico, Chile, and the US [4] - The company completed the acquisition of Compañia Minera Kolpa and its primary asset, the Huachocolpa Uno Mine, in Peru for $145 million (C$200.2 million) in May [4]
Endeavour Silver Announces Commercial Production at Terronera
Globenewswire· 2025-10-16 10:50
Core Viewpoint - Endeavour Silver Corp. has achieved commercial production at the Terronera mine in Jalisco, Mexico, effective October 1, 2025, marking a significant milestone for the company [1][4]. Production and Operations - The Terronera mine has successfully ramped up operations, consistently exceeding 90% of its designed capacity of 2,000 tonnes per day and achieving at least 90% of projected metal recoveries during the commissioning phase [2]. - Since commencing operations on July 1, 2025, the mine has operated for 100 days with only eight days of downtime, demonstrating strong metal recoveries since mid-August [3]. Future Outlook - The company forecasts throughput of approximately 360,000 tonnes over the next six months, with average grades estimated at 122 g/t silver and 2.52 g/t gold. Higher grade zones are expected to be accessed by mid-2026, which will likely enhance production further [6]. - Annualized production and cost guidance for the Terronera mine is planned to be issued in January 2026 [6]. Company Positioning - The achievement of commercial production at Terronera positions Endeavour as a leading mid-tier silver producer, reinforcing its commitment to sustainable growth and providing a solid foundation for future expansion [4][6]. - Endeavour Silver operates four mines in Mexico and Peru and has a robust pipeline of exploration projects across Mexico, Chile, and the United States, aiming to become a leading senior silver producer [7].
Endeavour Silver: A Sluggish Start At Terronera (NYSE:EXK)
Seeking Alpha· 2025-10-14 05:30
Core Viewpoint - The article emphasizes the importance of identifying undervalued miners with upcoming catalysts to enhance portfolio performance, providing subscribers with access to current portfolios and real-time buy/sell alerts [1]. Group 1 - Alluvial Gold Research offers detailed research on miners, ranked to assist in positioning investments effectively [1]. - Subscribers receive insights into the most undervalued miners, which are expected to have catalysts that could drive portfolio outperformance [1]. Group 2 - The article does not provide any specific financial advice or recommendations regarding securities transactions [2][3]. - It highlights the critical nature of position sizing in the volatile precious metals sector, suggesting that investments in small-cap precious metals stocks should be limited to 5% or less of an investor's portfolio [2].
Endeavour Silver (EXK) Moves 6.9% Higher: Will This Strength Last?
ZACKS· 2025-10-09 12:11
Core Insights - Endeavour Silver (EXK) shares increased by 6.9% to close at $8.27, supported by high trading volume, and have gained 31.4% over the past four weeks [1][2] Production and Financial Performance - In Q3 2025, Endeavour Silver produced 3.04 million silver-equivalent ounces, an 88% increase year-over-year, attributed to the Kolpa operation added in May 2025 [2] - Consolidated silver production rose 102% year-over-year to 1.77 million ounces, while excluding Kolpa, production increased by 34% [2] - Total gold production decreased by 22% year-over-year to 7,286 ounces [2] Earnings Expectations - The company is expected to report quarterly earnings of $0.05 per share, reflecting a 400% year-over-year increase, with revenues projected at $124.77 million, up 133.5% from the previous year [3] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a potential stability in stock price movements [4] Industry Context - Endeavour Silver holds a Zacks Rank of 3 (Hold), similar to Pan American Silver (PAAS), which closed 1.1% higher at $39.79 [5] - PAAS has seen an 11.2% return over the past month, with its EPS estimate changing by -1.9% to $0.51, representing a 59.4% year-over-year increase [6]
EXK Posts High Grade Drill Results at Kolpa Mine: Solid Upside Ahead?
ZACKS· 2025-10-01 15:16
Core Insights - Endeavour Silver Corp. (EXK) reported positive drill results from its Kolpa Mine in Peru, which is expected to contribute 5 million silver equivalent ounces annually to production, positioning the company as a senior silver producer [1][8] Exploration and Drilling Results - The Poderosa West vein has been mapped for approximately 2.5 kilometers, with significant drill results including hole DDH-H1-25-88 showing 247 grams per ton of silver and hole DDH-H1-25-92 showing 266 grams per ton of silver [2][3] - The Caudalosa Chica vein has been mapped for over 1.5 kilometers, with two of three drill holes intersecting significant mineralization [3] - Endeavour Silver is evaluating surface exploration and drill results to develop a systematic exploration strategy, with ongoing underground development at Poderosa West facilitating access to new drill stations [3] Mine Acquisition and Production - Endeavour Silver acquired the Kolpa Mine for $145 million in April, increasing its producing mines to three and marking its entry into Peru [4] - Kolpa Mine has 143 mining rights covering 25,177 hectares and has been in continuous production for over 25 years, with a concentrator plant capacity of 1,800 tons per day, expandable to 2,500 tons per day [5] Production Metrics - In Q2 2025, Endeavour Silver produced 2.5 million silver-equivalent ounces, a 17% increase year-over-year, attributed to the Kolpa operation [6] - Consolidated silver production rose 13% year-over-year to 1.484 million ounces [6] Industry Comparison - Endeavour Silver's peers, including Avino Silver & Gold Mines, First Majestic Silver, and Pan American Silver, reported varying production results, with First Majestic showing a 48% year-over-year increase in silver-equivalent production [8][9][11]