Welcome to our dedicated page for Endeavour Silver news (Ticker: EXK), a resource for investors and traders seeking the latest updates and insights on Endeavour Silver stock.
Endeavour Silver Corp. (NYSE: EXK, TSX: EDR, Frankfurt: EJD) is a Canadian mid-cap silver mining company dedicated to the growth of its silver production, reserves, and resources primarily in Mexico and Chile. Since its inception in 2004, the company has consistently expanded its silver production and resources, marking seven successive years of substantial growth.
Endeavour operates three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato, and the El Compas Mine in Zacatecas. These mines are the cornerstone of Endeavour's production profile, contributing significantly to the company's output. In addition to its production assets, Endeavour Silver has strategic exploration projects in northern Chile, including the Aida, Paloma, and Cerro Marquez projects.
The company's current projects and strategic acquisitions are designed to support its vision of becoming a premier mid-tier silver mining entity. Their organic expansion initiatives at existing mines, combined with a focused acquisition strategy, underpin this growth trajectory.
Endeavour Silver emphasizes responsible mining practices and sustainability, aiming to positively impact the mining industry and the communities where it operates. The ongoing development of the Terronera Project in Jalisco state, Mexico, is a testament to this commitment. This flagship project is expected to enhance the company’s production profile further and contribute to its long-term objectives.
Financially, Endeavour Silver maintains a strong position. The company provides detailed financial reports and keeps transparency with stakeholders through regular updates and disclosures. Investors can access comprehensive financial information, including consolidated statements of earnings, position, and cash flows, on their website.
Recently, Endeavour announced its financial and operating results for Q1 2024, highlighting continued production success and financial stability. The company also engages actively with its investor base, offering conference calls to discuss quarterly results and future outlooks.
For further information, investors can contact Galina Meleger, Vice President of Investor Relations, via email at gmeleger@edrsilver.com or visit the company’s website at www.edrsilver.com.
Endeavour Silver Corp. (EXK) announced its 2022 production and cost guidance, forecasting silver production of 4.2-4.8 million ounces and gold production of 31,000-35,000 ounces. The silver equivalent production is estimated at 6.7-7.6 million ounces. Consolidated cash costs are projected at $9.00-$10.00 per ounce of silver, with all-in sustaining costs ranging from $20.00 to $21.00. The company plans capital investments totaling $45.8 million, focusing on sustaining and growth projects, including a significant allocation for the Terronera project.
Endeavour Silver Corp. (NYSE: EXK) has filed two technical reports under National Instrument 43-101 regarding its Guanaceví and Bolañitos projects in Mexico. These reports confirm updated mineral resource and reserve estimates effective December 31, 2020, with no significant changes from earlier disclosures made in February 2021. The reports are accessible on SEDAR and the company’s website. Endeavour Silver aims to enhance its position as a premier senior silver producer, focusing on sustainable operations and stakeholder value creation.
Endeavour Silver has announced the acquisition of the Pitarrilla project in Durango, Mexico, from SSR Mining for $70 million, including $35 million in cash and $35 million in Endeavour shares. The Pitarrilla project is one of the world's largest undeveloped silver projects, boasting a measured and indicated resource of 525.27 million ounces of silver. This transaction aligns with Endeavour's strategy to enhance its growth pipeline and solidify its position as a leading silver producer in Mexico. The acquisition is expected to close in the first half of 2022, pending regulatory approvals.
Endeavour Silver Corp. (NYSE: EXK) reported strong production results for 2021, producing 4,870,787 silver ounces and 42,262 gold ounces, an equivalent of 8.3 million silver equivalent ounces. Fourth quarter production reached 1,443,564 silver ounces and 9,446 gold ounces. The Company exceeded its revised production guidance due to enhanced performance at its Guanacevi and Bolanitos mines. Additionally, further exploration revealed high-grade mineralization, and the company is advancing its Terronera project despite delays from COVID-19.
Endeavour Silver Corp. (NYSE: EXK) announced the appointment of Amy E. Jacobsen to its board of directors effective January 3, 2022. With over 30 years of diverse experience in the mining industry, Jacobsen has held various positions, including President of Windward Consulting and board chair at Behre Dolbear Group. She is recognized for her contributions to mining and holds qualifications in metallurgy and engineering. The company aims to leverage her expertise as it seeks to enhance its position as a leading silver producer.
Endeavour Silver Corp. (NYSE: EXK) announced positive drilling results from its Parral project in Chihuahua, Mexico. Over 14,000 meters were drilled in 59 holes, targeting the La Colorada vein, yielding impressive silver equivalent grades, including 2,846 gpt Ag and 0.65% Cu over a 0.89 m ETW. The project, acquired in 2016, aims to expand mineral resources after being suspended in 2020 due to the pandemic. Endeavour plans to continue the drilling program in 2022 to support a positive economic assessment as they work towards achieving the project's potential.
Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) announced its acquisition of 5,750,000 units of Guanajuato Silver Company Ltd. for $3,162,500 through a private placement. Each unit includes a common share and a warrant. Following this, Endeavour acquired an additional 901,224 common shares to settle a $2.5 million promissory note. Post-acquisition, Endeavour holds approximately 12.63% of GSilver's shares, potentially increasing to 13.75% if warrants are exercised. Endeavour's focus remains on long-term investment prospects and monitoring GSilver's financial health.
Endeavour Silver reports promising drill results from its Guanacevi and Bolañitos mines in Mexico. Highlights include high-grade intersections such as 3.6 gpt Au and 2,690 gpt Ag from UCM-67 at Guanacevi and 89.6 gpt Au and 880 gpt Ag from BS-04 at Bolañitos. The total drilling effort from January to October involved over 14,000 meters at Guanacevi and more than 11,500 meters at Bolañitos, demonstrating strong exploration potential. CEO Dan Dickson emphasizes the company’s commitment to extending its mine life and enhancing its position as a leading silver producer.
Endeavour Silver Corp. (NYSE: EXK) reported its Q3 2021 financial results, revealing a net revenue of $34.6 million, down 3% from Q3 2020. The company produced 1,305,399 oz of silver and 10,541 oz of gold, totaling 2.1 million oz silver equivalent. However, the company incurred a net loss of $4.5 million or $0.03 per share, primarily due to withheld metal sales and increased finished goods inventory. Operating costs per ounce rose to $8.16 for cash costs and $17.46 for all-in sustaining costs, reflecting higher direct costs. Despite challenges, the company holds significant cash resources of $101.1 million.
FAQ
What is the current stock price of Endeavour Silver (EXK)?
What is the market cap of Endeavour Silver (EXK)?
What is Endeavour Silver Corp.?
Where are Endeavour Silver's main operations?
What are Endeavour Silver's exploration projects?
What is the Terronera Project?
How can I contact Endeavour Silver Corp. for investor relations?
What financial position does Endeavour Silver maintain?
How can I access Endeavour Silver's financial statements?
What recent achievements has Endeavour Silver Corp. reported?
What is the company’s goal?
How does Endeavour Silver ensure sustainability in its operations?
