Endeavour (EXK) Soars 10.4% on Higher Silver Prices

Core Insights - Endeavour Silver Corp. (NYSE:EXK) has seen a significant stock price increase, rising 10.37% to close at $8.62, driven by renewed optimism for an interest rate cut and increased investor interest in silver miners [1][2] - The stock's rally is closely linked to a 3.59% increase in spot silver prices, which reached $53.32 per troy ounce during the trading session [2] - The company announced the sale of its Bolañitos silver and gold mine project to Guanajuato Silver Company Ltd. for $50 million, with the acquisition price set at $0.2709413 per share [3] Company Strategy - The sale of the Bolañitos project aligns with Endeavour's strategy to concentrate on its core projects, specifically the Terronera and Pitarrilla projects in Mexico [4] - CEO Dan Dickson emphasized that focusing resources on these key silver assets will enhance operational focus and support sustainable growth for the company [4]