GlobeNewswire News Roomยท2025-08-13 10:50Core 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].