Welcome to our dedicated page for Endeavour Sil news (Ticker: EXK), a resource for investors and traders seeking the latest updates and insights on Endeavour Sil stock.
Endeavour Silver Corp (EXK) delivers silver mining updates and precious metals exploration news through this centralized resource. Track official press releases, operational developments, and strategic initiatives from the mid-tier mining company with active projects in Mexico and Chile.
This page aggregates EXK's material announcements including quarterly earnings reports, resource expansion updates, and exploration program results. Investors gain direct access to primary source information about production metrics, corporate governance changes, and technical project evaluations.
All content is curated to meet investor needs for timely, accurate disclosures in the volatile metals market. The chronological organization enables quick analysis of operational trends and management decisions. Regular updates ensure stakeholders maintain current awareness of EXK's position in the global silver mining sector.
Bookmark this page for efficient monitoring of Endeavour Silver's progress in expanding its mineral reserves and optimizing mining operations. Combine these primary sources with broader market analysis for informed investment decisions.
Endeavour Silver Corp (TSX: EDR, NYSE: EXK) announced the full exercise of the over-allotment option by underwriters, following its prospectus offering that closed on April 8, 2025. The underwriters purchased an additional 1,285,000 common shares at US$3.88 per share, generating additional gross proceeds of US$4,985,800.
The total gross proceeds from the offering reached approximately US$50.0 million. BMO Capital Markets led the offering as sole bookrunner, alongside TD Securities Inc. and Raymond James The proceeds will partially fund the previously announced US$145 million acquisition of Compañia Minera Kolpa S.A. and its Huachocolpa Uno Mine. The transaction's closing is pending Toronto Stock Exchange and New York Stock Exchange approvals and is expected within 60 days.
Endeavour Silver (NYSE: EXK) reports Q1 2025 production of 1,205,793 silver ounces and 8,338 gold ounces, totaling 1.9 million silver equivalent ounces. Production showed a decline from Q1 2024, with silver production down 17% and gold production down 18%.
Key operational highlights:
- Guanaceví operated at full capacity with slightly lower grades than planned
- Bolañitos delivered steady production with consistent silver output but lower gold grades
- Metal sales reached 1,223,684 silver ounces and 8,538 gold ounces
- Quarter-end inventory: 219,151 silver ounces and 715 gold ounces in bullion; 31,232 silver ounces and 452 gold ounces in concentrate
The company maintains focus on operational efficiency while preparing to bring Terronera into production.
Endeavour Silver Corp (TSX: EDR, NYSE: EXK) has successfully completed its previously announced prospectus offering, raising US$45 million through the issuance of 11,600,000 common shares at US$3.88 per share.
The offering was led by BMO Capital Markets as sole bookrunner, alongside TD Securities Inc. and Raymond James The proceeds will partially fund the US$145 million acquisition of Compañia Minera Kolpa S.A. and its Huachocolpa Uno Mine from Arias Resource Capital Management and Grupo Raffo shareholders.
The transaction's closing remains subject to Toronto Stock Exchange and New York Stock Exchange regulatory approvals and is expected to conclude within 60 days.
Endeavour Silver (NYSE: EXK) has increased its previously announced bought deal financing to US$45 million due to significant demand. The company has agreed with underwriters led by BMO Capital Markets to sell 11,600,000 shares at US$3.88 per share.
The proceeds will fund part of the cash component for the US$145 million acquisition of Compañia Minera Kolpa and its main asset, the Huachocolpa Uno Mine, from Arias Resource Capital Management and Grupo Raffo affiliates. An over-allotment option for an additional US$5 million has been granted to underwriters, exercisable within 30 days of closing.
The shares will be offered in all Canadian provinces (except Quebec) and the United States through various prospectus filings. The offering includes private placement options in certain jurisdictions outside North America.
Endeavour Silver (NYSE: EXK) reports significant progress in the final construction stages of its Terronera Project in Jalisco, Mexico. The company has successfully produced over two tonnes of concentrate during initial commissioning, with wet commissioning scheduled to begin in early Q2 2025.
Key achievements include:
- Successful operation of crushing, grinding, flotation and tailing thickening circuits
- Commencement of concentrate filter pre-commissioning
- Completion of tailing filter mechanical assembly
- Tailing Storage Facility reaching full height with installed underdrain piping
- First production stope mined and backfilled
- Accumulation of 40,000 tonnes in surface run-of-mine and crushed ore stockpiles
Current focus remains on completing tailing filter installations and pipeline connections between platforms. Operational guidance will be provided after wet commissioning advances.
Endeavour Silver (NYSE: EXK) reported its Q4 and full-year 2024 financial results, achieving production at the higher end of updated guidance despite challenges. The company produced 4.47M silver ounces and 39,047 gold ounces, totaling 7.6M AgEq ounces in 2024.
Revenue reached $217.6 million with average realized prices of $27.39 per silver ounce and $2,397 per gold ounce. Mine operating cash flow was $72.3M, while the company reported a net loss of $31.5M for the year. Adjusted earnings were $8.0M ($0.03 per share).
Key operational highlights include:
- Cash position of $106.4M with working capital of $78.8M
- Terronera project at 89.4% completion with $302M spent
- Q4 AISC increased 27% to $27.33 per oz
- Direct operating costs rose 15% to $152.44 per tonne in Q4
The company faced challenges including a trunnion failure at Guanacevi mine affecting mill throughput from August to December, though production resumed to full capacity in December 2024.
Endeavour Silver (NYSE: EXK) has announced positive drill results from its exploration program at the Bolañitos Mine in Guanajuato State, Mexico. The 2024/2025 program, focusing on the La Luz vein, has revealed significant high-grade gold and silver mineralization.
Key drilling highlights include intersections of 1.17 gpt Au and 449 gpt Ag (542 gpt AgEq) over 1.02m, and notably 2.43 gpt Au and 1,063 gpt Ag (1,258 gpt AgEq) over 1.62m. The surface diamond drilling program, initiated in Q4 2024, has outlined high-grade mineralization over 100 metres in length to a depth of 200 metres, with eight drill holes totaling 2,000 metres completed to date.
The explored area, located within 500 metres from the Asunción mine, remains open to the south and to depth. Drilling operations will continue through the first half of 2025, aiming to replace reserves, increase resources, and extend the mine's life.
Endeavour Silver reports significant progress on its Terronera Project in Mexico, with overall project completion reaching 89.4%. The project's surface construction is advancing well, with dry commissioning underway on the Upper Platform. Total capital expenditures have reached $302 million, with management estimating a final project cost of $332 million, representing a $61 million increase from previous estimates.
Key developments include completion of the Primary Jaw Crusher commissioning, successful testing of the grinding circuit, and installation of flotation equipment. Underground development reached 7,239 metres, with 1,694 metres completed in Q4 2024. The project workforce includes 297 Endeavour employees and 821 contractors.
The company expects to begin full system commissioning in early Q2 2025, with focus on completing the tailing filter presses, which remain on the critical path.
Endeavour Silver (NYSE: EXK) has announced its 2025 guidance for Guanaceví and Bolañitos operations. The company expects silver production of 4.5-5.2 million ounces and gold production of 30,500-34,000 ounces, totaling 7.0-7.9 million silver equivalent ounces.
Consolidated cash costs are estimated at $16.00-$17.00 per silver ounce, with all-in sustaining costs (AISC) of $25.00-26.00 per silver ounce. The company plans to invest $33.6 million in sustaining capital at its two operating mines and $11.7 million in growth capital, including $9.1 million for the Pitarrilla project.
For 2025, Guanaceví's plant throughput is estimated at 1,000-1,100 tonnes per day, while Bolañitos is expected to process 1,100-1,200 tonnes per day. The company also plans to conduct 20,500 meters of exploration drilling across various projects with a total exploration budget of $6.5 million.
Endeavour Silver (NYSE: EXK) reported its full year 2024 production results, achieving 4,471,824 silver ounces and 39,047 gold ounces, equivalent to 7.6 million silver equivalent ounces. The fourth quarter saw production of 824,529 silver oz and 9,075 gold oz.
The company faced operational challenges at Guanaceví due to a trunnion failure in August, which reduced capacity for 15 weeks. Operations resumed full capacity of 1,200 tonnes per day in December after a US$400,000 repair. Q4 consolidated silver production decreased 41% compared to Q4 2023, while gold production decreased by 6%.
The company completed a US$73 million bought deal financing, with proceeds allocated for working capital and advancing the Pitarrilla Project. Metal sales for Q4 included 654,519 silver oz and 8,343 gold oz, with year-end inventory of 276,477 silver oz and 1,220 gold oz in bullion, plus additional concentrate inventory.
