Endeavour Silver (TSE:EDR) has released an update.
Endeavour Silver Corp. has resumed operations at its Guanacevi mine with a temporary fix, using a regrind mill to substitute the primary ball mill, aiming to maintain production at half capacity during repairs. The company anticipates a cash shortfall under US$5 million over the 15-week period of reduced operations, as it continues mining and stockpiling lower-grade ores. Due to this setback, Endeavour has adjusted its 2024 production forecast and temporarily withdrawn its cost guidance.
For further insights into TSE:EDR stock, check out TipRanks’ Stock Analysis page.
