Endeavour Silver Corp.
EXKEndeavour Silver Corp. is a Canadian-based precious metals mining company focused on the exploration, development, and production of silver and gold in Mexico. Established in 2002, the company operates multiple mining districts and aims to grow through organic development and acquisitions, emphasizing environmentally responsible operations.
Company News
Endeavour Silver plans to issue up to US$350 million in convertible senior notes due 2031, with proceeds intended to repay existing debt, fund the Pitarrilla project in Mexico, and support general corporate purposes.
Endeavour Silver reported higher revenue but missed earnings expectations due to lower silver production, provisional pricing challenges, and higher operational costs. The company expects improvements with the Terronera mine coming online in late 2025 or early 2026.
Silver prices have surged past $39, reaching levels not seen since 2011, with analysts predicting a potential bull run driven by industrial and green technology demand. Mining companies are positioning themselves to capitalize on this trend, with several exploring and expanding their silver production capabilities.
Buenaventura Mining reported its Q2 2024 production results. Gold and silver production at some mines met expectations, while copper and silver output at the El Brocal mine fell short. Tambomayo's production exceeded the company's guidance.
There's more sheen to these silver stocks for a variety of reasons.
