Endeavour Silver(EXK) Newsfilter·2025-03-11 10:50Core Viewpoint - Endeavour Silver Corp. reported strong financial results for 2024, driven by higher realized prices and robust revenue, positioning the company for sustained growth and value creation as key projects progress towards completion [2][5]. Financial Performance - Revenue for Q4 2024 was 217.6 million, up 6% from 2023 [6][19]. - The company recognized a net loss of 6.1 million in 2023, with adjusted net earnings of 0.03 per share [5][22]. - Mine operating cash flow before taxes was 64.4 million in 2023 [5][19]. Production Metrics - Silver production in Q4 2024 was 824,529 ounces, down 41% from Q4 2023, with total silver production for the year at 4,471,824 ounces, a decrease of 21% [4][19]. - Gold production for Q4 2024 was 9,075 ounces, a slight decrease of 6% from the previous year, while total gold production for the year increased by 3% to 39,047 ounces [4][19]. Cost Analysis - Cash costs per silver ounce increased by 9% to 21.00 [4][10]. - All-in sustaining costs (AISC) per ounce increased by 27% to $27.33 in Q4 2024, reflecting lower silver production [10][18]. Project Developments - The Terronera project is nearing completion, with 89.4% of the project budget spent as of December 31, 2024, and wet commissioning expected in early Q2 2025 [5][19]. - The Pitarrilla project is advancing with ongoing exploration and evaluation efforts, aiming for an economic assessment by Q1 2026 [5][19].