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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]
Endeavour (EXK) Climbs 15.4% to Hit New High on Fresh Silver Peak
Yahoo Finance· 2025-09-29 22:56
Company Overview - Endeavour Silver Corp. (NYSE:EXK) is a Canadian mining company focused on silver production, which recently experienced significant stock price appreciation, jumping 15.38% week-on-week to reach an all-time high [1][2]. Market Performance - The company's stock touched a 52-week high of $8.21 before closing at $7.80, coinciding with a surge in silver prices, which reached $46, the highest level in 14 years [2][4]. - The increase in silver prices is attributed to investor optimism regarding potential interest rate cuts by the US central bank, which typically benefits precious metals [3]. Production and Financials - In the first half of the year, Endeavour Silver produced 1.48 million ounces of silver and 7,755 ounces of gold, equating to 2.5 million ounces of silver equivalent [3]. - The company generated $85.3 million from the sale of 1.45 million ounces of silver and 7,706 ounces of gold, marking a 46% increase in revenues from operations compared to the same period last year [4].
Endeavour Silver Intersects High-Grade Silver-Lead-Zinc Mineralization at its Kolpa Operation
Globenewswire· 2025-09-25 21:15
Core Insights - Endeavour Silver Corp. announced positive drill results from its exploration program at the Kolpa Mine in Peru, highlighting the geological potential of the area for mineralization [1][6][12] Exploration and Geological Insights - The Kolpa Mine is characterized by sub-vertical geological structures formed by the Andean Orogeny, creating significant vein systems that guide mineralization [1] - Structural pairing has been identified, enhancing the potential for mineral discovery across neighboring vein sets [2] Drilling Activities and Results - Drilling in Corridor 3 focused on the Poderosa West and Caudalosa Chica veins, with significant mineralization identified [3][4] - The Poderosa West vein has been mapped for approximately 2.5 kilometers, with 14 drill holes totaling 2,343 meters completed, intersecting significant mineralization zones [3][5] - Key drill results include: - Hole DDH-H1-25-88: 247 grams per tonne (gpt) Ag, 0.77% Pb, 10.70% Zn, and 0.55% Cu over 8.20 meters estimated true width [8] - Hole DDH-H1-25-92: 266 gpt Ag, 1.34% Pb, 4.73% Zn, and 0.23% Cu over 5.15 meters estimated true width [8] Future Plans - Management is evaluating surface exploration and recent drill results to design a systematic exploration program at the Kolpa Mine [5] - Ongoing underground development at Poderosa West will facilitate access for new underground drill stations, with drilling activity scheduled to resume in late Q4 2025 [5][6] 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 [14]
Endeavour (EXK) Touches Fresh Record as Silver Soars to New High
Yahoo Finance· 2025-09-23 18:14
Core Insights - Endeavour Silver Corp. (NYSE:EXK) has reached an all-time high in its stock price, driven by a surge in silver prices and increased investor interest in mining stocks [1][2] - The spot price of silver has risen by 2.27% to $44.06 per troy ounce, influenced by expectations of future interest rate cuts [2][3] Company Performance - Endeavour Silver produced 1.48 million ounces of silver and 7,755 ounces of gold in the first half of the year, totaling 2.5 million ounces of silver equivalent [3] - The company generated $85.3 million from the sale of 1.45 million ounces of silver and 7,706 ounces of gold, resulting in a 46% increase in revenues compared to the same period last year [4]
Endeavour Silver (EXK) Surges 9.4%: Is This an Indication of Further Gains?
ZACKS· 2025-09-22 13:10
Group 1: Company Performance - Endeavour Silver (EXK) shares increased by 9.4% to close at $6.76, with notable trading volume compared to typical sessions, and a 9.8% gain over the past four weeks [1] - The company is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year increase of 400%, with revenues projected at $124.77 million, up 133.5% from the previous year [3] - The consensus EPS estimate for Endeavour Silver has been revised 35.7% lower in the last 30 days, indicating a negative trend in earnings estimate revisions [4] Group 2: Industry Context - Gold and silver prices have reached record highs, driven by expectations of further U.S. Federal Reserve rate cuts, with gold up 40.4% year-to-date due to safe-haven buying amid geopolitical tensions and strong central bank purchases [2] - Silver demand is supported by robust growth in the solar, electric vehicle, and electronics sectors, while supply constraints are tightening the market [2] - Endeavour Silver is part of the Zacks Mining - Silver industry, which includes Hecla Mining (HL), whose shares rose 1.8% to $10.96, with a 40.1% return over the past month [5][6]
Endeavour Silver Announces Q2 2025 Financial Results
Yahoo Finance· 2025-09-11 15:07
Group 1 - Endeavour Silver Corp. produced 2.5 million silver equivalent ounces in Q2 2025, marking a 13% increase year-over-year [1] - The company sold 1,455,680 ounces of silver at an average price of $32.95 and 7,706 ounces of gold at $3,320, resulting in total revenue of $85.3 million, a 46% increase [1] - Operating cash flow from the mine increased by 21% to $22.9 million, with cash costs at $15.35 per ounce and all-in sustaining costs (AISC) at $25.16 per ounce [1] - Endeavour Silver had $52.5 million in cash at the end of the quarter [1] Group 2 - The company expanded the Terronera credit facility from $120 million to $135 million and completed a $50 million acquisition of Minera Kolpa [2] - The integration of Minera Kolpa is expected to enhance production, with Terronera achieving a throughput of 1,900-2,000 tons per day and recovery rates of 71% for silver and 67% for gold [2] - CEO Dan Dickson emphasized improved production capabilities and capital management, focusing on operational efficiency and growth momentum [2]
Endeavour Silver Corp. (EDR:CA) Presents at 2025 Precious Metals Summit - Beaver Creek - Slideshow (TSX:EDR:CA)
Seeking Alpha· 2025-09-11 05:01
Core Insights - The company is focused on the development of transcript-related projects, indicating a commitment to enhancing their offerings in this area [1] - The publication of thousands of quarterly earnings calls per quarter suggests a significant volume of content being generated and shared with readers [1] - The ongoing growth and expansion of coverage highlight the company's strategic direction towards increasing its market presence in transcript services [1]
Endeavour Silver (NYSE:EXK) 2025 Conference Transcript
2025-09-10 16:45
Summary of Endeavour Silver (NYSE:EXK) 2025 Conference Call Company Overview - Endeavour Silver is positioned as a mid-tier silver mining company with a focus on growth, particularly in the context of rising silver prices, currently at $41 [1][2]. Key Projects and Production Goals - The company produced approximately 8 million silver equivalent ounces in 2024 and aims to increase production to 20 million ounces by 2026, with a long-term goal of over 30 million ounces by 2030 [4][9]. - The Terronera project is expected to significantly enhance production, with an annualized output of about 7 million silver equivalent ounces, contributing to a cash flow of approximately $150 million [22][28]. - The Copa mine, acquired recently, is projected to produce 5 million silver equivalent ounces in 2024 and 3 million ounces in 2025, with potential to increase output to 6.5 million ounces if production capacity is expanded [9][19]. Financial Insights - The acquisition of Copa was valued at $145 million, considered a fair price given the market conditions and potential for growth [20]. - The company anticipates free cash flow of $40 million to $45 million at current silver prices, with a payback period of approximately 2.5 to 3 years [21]. Exploration and Growth Potential - Endeavour Silver has significant exploration potential, with control over 30,000 hectares and multiple veins that could extend the mine life from 10 years to potentially 25 years [23][26]. - The Pithoria project is being advanced with a budget of $27 million for feasibility studies and infrastructure development, aiming for a production capacity of 3,500 to 4,000 tonnes per day [11][31]. Market Position and Future Outlook - The company has seen an increase in institutional investment, reflecting a growing market cap and interest in silver assets [35]. - With a revenue mix of over 50% silver and 30% gold, Endeavour Silver is well-positioned to capitalize on the current silver market dynamics [35][36]. Additional Considerations - The company is focused on transitioning from high-cost, short mine life assets to more sustainable, long-term projects like Terronera and Copa [3][33]. - The historical resource at Copa is estimated at 118 million silver equivalent ounces, with ongoing exploration expected to enhance this figure [18][19]. This summary encapsulates the key points discussed during the conference call, highlighting Endeavour Silver's strategic direction, production goals, financial outlook, and exploration potential in the silver mining industry.
Endeavour Silver (NYSE:EXK) 2025 Earnings Call Presentation
2025-09-10 15:45
Company Strategy & Outlook - Endeavour Silver aims to become a premier senior silver producer through optimizing operations, extending mine lives, developing Terronera, advancing the growth pipeline, and growing through M&A[72, 73] - The 2025 consolidated outlook includes silver production of 45 to 52 million ounces, gold production of 31 to 34 thousand ounces, and silver equivalent production of 70 to 79 million ounces[17] - The company's exploration budget for 2025 is $65 million, with sustaining capital of $34 million[17] Kolpa Mine Acquisition & Performance - The acquisition of the Kolpa mine is expected to increase Endeavour's annual production profile by 50 million ounces of silver equivalent[26] - Kolpa produced 805,032 silver equivalent ounces in May and June of 2025, with 47% silver, 27% lead, 23% zinc, and 2% copper[30] - In Q2 2025, Kolpa processed 118,896 tonnes of material, with a silver grade of 111 gpt, lead grade of 313%, zinc grade of 225%, and copper grade of 022%[24, 31] Terronera Project - Terronera commissioning commenced in Q2 2025, with average annual production of 40 million ounces of silver and 38,000 ounces of gold over a 10-year mine life (70 million ounces of silver equivalent)[13, 40] - The Terronera project has probable reserves of 74 million tonnes at 374 g/t silver equivalent, containing 888 million silver equivalent ounces[39] - The project is expected to generate average annual cash flow of $50 million once in production, with LOM cash costs of negative $020 per ounce and MAISC of $215 per ounce[41] Pitarrilla Project - The Pitarrilla project has defined resources of 600 million ounces of silver[51] - Endeavour Silver plans to invest $166 million in a feasibility study, development, and exploration work, and $91 million in capital spending for Pitarrilla in 2025[21, 56] - The project has measured and indicated resources of 151 million silver equivalent ounces and inferred resources of 694 million silver equivalent ounces[55]