The latest update is out from Endeavour Silver ( (TSE:EDR) ).
Endeavour Silver Corp. reported strong financial results for 2024, with revenue reaching $217.6 million due to higher realized prices for silver and gold. Despite challenges such as a trunnion failure at the Guanacevi mine, the company achieved production at the higher end of its revised guidance. The Terronera project is nearing completion, and the Pitarrilla project is progressing towards an economic assessment, positioning the company for future growth. However, the company recognized a net loss of $31.5 million, attributed to various financial adjustments, despite an increase in adjusted EBITDA to $52.7 million.
More about Endeavour Silver
Endeavour Silver Corp. is a mining company based in Vancouver, British Columbia, Canada, primarily engaged in the exploration, development, and production of silver and gold. The company operates mines in Mexico and focuses on expanding its production capabilities and advancing its project pipeline to sustain growth in the precious metals market.
YTD Price Performance: -9.00%
Average Trading Volume: 8,655,194
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $892.2M
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