Endeavour Silver (TSE:EDR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Endeavour Silver reported a challenging Q3 2024 due to reduced production capacity at the Guanaceví mine, but the company is optimistic as it nears the completion of the Terronera project. Despite setbacks, Endeavour saw strong revenue of $53.4 million, benefiting from higher realized silver and gold prices. The company maintains a healthy balance sheet with a cash position of $54.9 million and is on track to commission the Terronera mine by the end of Q4 2024.
For further insights into TSE:EDR stock, check out TipRanks’ Stock Analysis page.