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Endeavour Silver Corp. Announces Underwriting Agreement to Raise $45 Million

Story Highlights

An announcement from Endeavour Silver ( (TSE:EDR) ) is now available.

On April 3, 2025, Endeavour Silver Corp. announced an underwriting agreement with BMO Nesbitt Burns Inc., TD Securities Inc., and Raymond James Ltd. to issue and sell 11,600,000 common shares at a price of US$3.88 per share, raising gross proceeds of US$45,008,000. This strategic move is expected to bolster the company’s financial position and potentially enhance its market presence in the mining sector.

More about Endeavour Silver

Endeavour Silver Corp. operates in the mining industry, primarily focusing on the exploration, development, and production of silver and gold properties in Mexico.

YTD Price Performance: -6.25%

Average Trading Volume: 9,985,723

Technical Sentiment Signal: Sell

Current Market Cap: $992.2M

Find detailed analytics on EDR stock on TipRanks’ Stock Analysis page.

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