News Releases
- Mar 29, 2023Endeavour Silver Files Amended Pitarrilla Technical Report
- Mar 9, 2023Endeavour Silver Releases Inaugural Climate Report
- Mar 2, 2023Endeavour Silver Reports Solid 2022 Financial Results: Earnings Conference Call at 9am PST (12pm EST) Time
- Jan 26, 2023Endeavour Silver Announces Filing of NI 43-101 Technical Reports for Guanacevi and Bolañitos Mines
- Jan 12, 2023Endeavour Silver Provides 2023 Guidance; Production expected at 5.7 - 6.3 Million oz Silver and 36,000 - 40,000 oz Gold for 8.6 - 9.5 Million oz Silver Equivalent ¹
- Jan 10, 2023Endeavour Silver Surpasses Upper Range of Production Guidance by Delivering 9.0 Million Silver Equivalent Ounces in 2022
- Dec 8, 2022Endeavour Silver Announces Initial Mineral Resource Estimate and Filing of NI43-101 Technical Report on the Pitarrilla Project in Durango State, Mexico
- Nov 8, 2022Endeavour Silver Announces Q3 Financial Results; Earnings Conference Call at 10am PST (1pm EST) Today
- Oct 11, 2022Endeavour Silver Produces 1,458,448 oz Silver and 9,194 oz Gold for 2.2 Million oz Silver Equivalent in Q3 2022
- Sep 26, 2022Endeavour Silver Continues to Intersect High-Grade Mineralization at the Guanacevi Mine including 3.54 g/t Gold and 1,129 g/t Silver for 1,412 g/t Silver Equivalents over 7.28 meters
- Sep 12, 2022Endeavour Silver Completes the Sale of the El Compas Property to Grupo ROSGO for US$5.0 million
- Sep 8, 2022Endeavour Silver Continues to Intersect Positive Drill Results at the Parral Project
- Aug 29, 2022Endeavour Silver Appoints Rex McLennan as Chairman
- Aug 24, 2022Endeavour Silver Honours Bradford Cooke with Company Tribute and Details on Celebration of Life
- Aug 18, 2022Endeavour Silver Founder and Chairman Bradford Cooke Passes Away
- Aug 9, 2022Endeavour Silver Announces Q2 2022 Financial Results; Raises 2022 Production Guidance
- Jul 8, 2022Endeavour Silver Reports Strong Q2 2022 Production Results; Higher Grades at the Guanacevi Mine Drive Strong Operational Performance
- Jul 6, 2022Endeavour Silver Announces Completion of Pitarrilla Acquisition
- May 13, 2022Endeavour Silver Announces 2022 Annual General Meeting Voting Results
- May 12, 2022Endeavour Silver Releases 2021 Sustainability Report
- May 11, 2022Endeavour Silver Announces Strong Q1 2022 Financial and Operating Results with Earnings Per Share of $0.07
- Apr 26, 2022Endeavour Silver Reports Positive Drill Results for the Parral Project
- Apr 13, 2022Endeavour Silver Continues to Intersect High-Grade Silver-Gold Mineralization and Extend the El Curso Orebody Along Strike and at Depth at its Guanacevi Mine
- Apr 11, 2022Endeavour Silver Delivers Strong Production in Q1 2022
- Mar 31, 2022Endeavour Silver Announces Retirement of Director
- Mar 22, 2022Endeavour Silver Closes US$46 Million Bought Deal Financing Including US$6 Million Over-Allotment Option Exercise in Full
- Mar 15, 2022Endeavour Silver Corp. Announces US$40 Million Bought Deal Financing
- Mar 10, 2022Endeavour Silver Announces Strong Year End 2021 Financial and Operating Results with Earnings Per Share of $0.08
- Jan 20, 2022Endeavour Silver Provides 2022 Guidance, Including Production of 4.2-4.8 Million oz Silver and 31,000-35,000 oz Gold for 6.7-7.6 Million oz Silver Equivalent1
- Jan 19, 2022Endeavour Silver Announces Filing of NI 43-101 Reports on Guanacevi and Bolanitos Projects
- Jan 13, 2022Endeavour Silver to Acquire the Pitarrilla Project, One of the World's Largest Undeveloped Silver Projects¹, Leveraging Regional Platform and Operating Expertise in Mexico
- Jan 11, 2022Endeavour Silver Ends the Year on a Strong Note; FY2021 Annual Production Surpasses Upper End of Guidance
- Jan 6, 2022Endeavour Silver Launches Sustainability Strategy with Three-year Targets
- Jan 4, 2022Endeavour Silver Announces Appointment of New Director
- Dec 16, 2021Endeavour Silver Reports Positive Drill Results for the Parral Project
- Dec 2, 2021Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at its Guanacevi and Bolañitos Operations
- Dec 2, 2021Early Warning Report Regarding Guanajuato Silver Company Ltd.
- Nov 9, 2021Endeavour Silver Reports Financial Results for the Third Quarter 2021; Earnings Conference Call at 10am PST (1pm EST) Today
- Oct 25, 2021Endeavour Silver Files NI 43-101 Technical Report on the Feasibility Study of the Terronera Project, Jalisco State
- Oct 7, 2021Endeavour Silver Produces 1,305,399 oz Silver and 10,541 oz Gold for 2.1 Million oz Silver Equivalents in Q3, 2021; 2021 Consolidated Production Guidance Raised to 7.7 - 8.0 Million oz Silver Equivalents
- Sep 9, 2021Endeavour Silver Completes Feasibility Study on the Terronera Project in Jalisco State, Mexico. Robust Economics Supported by Larger Mineral Reserves, Higher Annual Silver Production and Longer Mine Life; Video Webcast and Q&A at 7AM PDT (10AM EDT) Today
- Sep 1, 2021Endeavour Silver Completes Acquisition of Bruner Gold Project in Nye County, Nevada
- Aug 10, 2021Endeavour Silver Reports Financial Results for the Second Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today
- Jul 19, 2021Endeavour Silver Signs Agreement to Acquire Bruner Gold Project in Nye County, Nevada
- Jul 8, 2021Endeavour Silver Produces 1,073,724 oz Silver and 11,166 oz Gold for 2.0 Million oz Silver Equivalents in Q2, 2021
- Jun 8, 2021Endeavour Silver Drilling Intersects High-Grade Silver-Gold Mineralization in Multiple Veins at the Terronera Project in Jalisco, Mexico
- May 20, 2021Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization at the Bolanitos Mine in Durango, Mexico
- May 13, 2021Message to Shareholders from Daniel Dickson, Newly Appointed Chief Executive Officer of Endeavour Silver Corp.
- May 12, 2021Endeavour Silver Announces 2021 Annual General Meeting Results
- May 12, 2021Endeavour Silver Releases 2020 Sustainability Report
- May 11, 2021Endeavour Silver Reports Financial Results for the First Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today
- May 4, 2021Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at the Guanacevi Mine in Durango, Mexico
- Apr 12, 2021Endeavour Silver Closes Sale of El Cubo Mine to VanGold Mining
- Apr 8, 2021Endeavour Silver Produces 1,048,100 oz Silver and 11,109 oz Gold for 1.9 Million oz Silver Equivalents in Q1, 2021
- Mar 30, 2021Endeavour Silver Announces Board and Management Succession Plans
- Mar 17, 2021Endeavour Silver Signs Definitive Agreement to Sell the El Cubo Mine in Guanajuato, Mexico to VanGold Mining; Endeavour to be Added to the S&P/TSX Composite and NYSE Arca Gold Miners (GDX ETF) Indices
- Mar 1, 2021Endeavour Silver Reports $19.9 Million Earnings in the Fourth Quarter, 2020 and $1.2 Million Earnings for the Full Year, 2020
- Feb 3, 2021Endeavour Silver Updates 2020 Mineral Reserve and Resource Estimates
- Feb 1, 2021Endeavour Silver Grants Option to Purchase Guadalupe y Calvo Project in Chihuahua, Mexico to Ridgestone Mining
- Jan 28, 2021Endeavour Silver Provides 2021 Production and Cost Guidance, Forecasting 3.6-4.3 Million oz Silver and 31,000-35,500 oz Gold, or 6.1-7.1 Million oz Silver Equivalent
- Jan 7, 2021Endeavour Silver Reports Highest Quarterly Production in Two Years; Produces 1,117,289 oz Silver and 12,586 oz Gold (2.1 Million oz Silver Equivalents) in Fourth Quarter, 2020
- Dec 18, 2020Endeavour Silver Agrees to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining Corp. for US$15 Million Plus Additional Contingent Payments
- Dec 1, 2020Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization At The Bolanitos Mine In Guanajuato, Mexico
- Nov 18, 2020Endeavour Silver Expands Terronera Project In Jalisco, Mexico, Acquires Two Adjacent Properties Covering Multiple Mineralized Veins
- Nov 12, 2020Endeavour Silver Continues To Intersect High-Grade Gold-Silver Mineralization At Guanacevi, Durango, Mexico
- Nov 5, 2020Endeavour Silver Reports Financial Results For Third Quarter 2020, Conference Call At 10am PST (1pm EST) Today
- Oct 8, 2020Endeavour Silver Produces 942,274 Oz Silver And 10,260 Oz Gold (1.8 Million Oz Silver Eq.) In Third Quarter, 2020; Hosting Video Zoom Update On October 13, 2020
- Oct 1, 2020Endeavour Silver Announces At-The-Market Offering Of Up To Us$60 Million
- Sep 15, 2020Endeavour Silver Appoints Don Gray As Coo, Awards Feasibility Study For Terronera Project To Wood PLC
- Aug 6, 2020Endeavour Silver Files PFS Technical Report For The Terronera Project
- Aug 4, 2020Endeavour Silver Reports Financial Results For The Second Quarter 2020; Conference Call At 10am PDT (1pm EDT) Today
- Jul 29, 2020Endeavour Silver Reschedules To Report Second Quarter 2020 Financial Results And Conference Call On August 4, 2020
- Jul 14, 2020Endeavour Silver Announces Robust Economics In Final Pre-Feasibility Study On The Terronera Mine Project In Jalisco State, Mexico; Video Webcast And Q&A On July 14, 2020
- Jul 9, 2020Endeavour Silver Produces 596,545 Oz Silver And 5,817 Oz Gold In Abbreviated Second Quarter, 2020
- Jun 2, 2020Endeavour Silver Intersects New High-Grade Gold-Silver Mineralization On The El Curso Property At The Guanacevi Mine In Durango, Mexico
- May 28, 2020Endeavour Silver Restarts Mining Operations In Mexico
- May 20, 2020Endeavour Silver Drilling Intersects New High-Grade Gold-Silver Mineralization In Melladito Vein At Bolanitos Mine, Guanajuato, Mexico
- May 14, 2020Endeavour Silver Announces At-The-Market Offering Of Up To US$23 Million
- May 13, 2020Endeavour Silver Announces 2020 Annual General Meeting Results
- May 12, 2020Endeavour Silver Releases 2019 Annual Review And Sustainability Report
- May 8, 2020Endeavour Silver Reports Financial Results For The First Quarter 2020; Earnings Conference Call At 10am PDT (1pm EDT) Today
- May 6, 2020Endeavour Silver Reschedules To Report First Quarter 2020 Financial Results And Conference Call On May 8, 2020
- Apr 29, 2020Mexican Government Decrees Restart Of Non-Essential Activities Such As Mining In Areas With No Or Low Sars-Cov2 Virus Cases On May 18, 2020; Endeavour Silver Files Final Base Shelf Prospectus
- Apr 9, 2020Endeavour Silver Produces 857,659 Oz Silver And 8,476 Oz Gold, In The First Quarter, 2020 - In Line With Guidance Prior To Suspension - Video Webcast And Q&A On April 14, 2020
- Apr 2, 2020Mexican Government Declares Covid-19 National Health Emergency, Only Essential Services To Remain Open, Endeavour Silver Suspending Its Mexican Mining Operations Until April 30, 2020
- Mar 18, 2020Endeavour Silver Implements Plans To Minimize Covid-19 Risks; Initiates Internal Review Of Terronera Prefeasibility Study
- Feb 24, 2020Endeavour Silver Reports Financial Results For The Fourth Quarter And 2019 Full Year
- Feb 13, 2020Endeavour Silver Appoints Director, Project Development
- Jan 31, 2020Endeavour Silver Provides 2020 Production And Cost Guidance, Forecasting 3.0-3.5 Million Oz Silver And 38,000-44,000 Oz Gold, Or 6.0-7.0 Million Oz Silver Equivalent
- Jan 29, 2020Endeavour Silver Updates 2019 Mineral Reserve And Resource Estimates
- Jan 10, 2020Endeavour Silver Produces 4,018,735 Oz Silver And 38,907 Oz Gold (7.1 Million Oz Silver Equivalents) In 2019
- Nov 21, 2019Endeavour Silver To Suspend Operations At The El Cubo Mine In Mexico
- Nov 12, 2019Endeavour Silver Reports Initial Drill Results For The El Curso Property Adjacent To The Guanacevi Mine In Durango, Mexico, Including 1,182 gpt Silver And 3.07 gpt Gold Over 5.1 M True Width
- Nov 5, 2019Endeavour Silver Reports Third Quarter, 2019 Financial Results, Conference Call At 10am PST (1pm EST) Today
- Oct 23, 2019Endeavour Silver Reports Infill Drill Results For The Parral Project In Chihuahua, Mexico Including 308 gpt Silver Over 11.6 M True Width
- Oct 9, 2019Endeavour Silver Produces 948,547 Oz Silver And 9,716 Oz Gold (1.7 Million Oz Silver Equivalents) In The Third Quarter, 2019; Provides Development And Exploration Project Updates
- Aug 14, 2019Endeavour Silver Reports Positive Exploration Results For The Parral Project In Chihuahua, Mexico Including 332 gpt Silver Over 13.1 M True Width
- Aug 8, 2019Endeavour Silver Reports Second Quarter, 2019 Financial Results; Conference Call At 10am Pdt (1pm EDT) Today
- Jul 15, 2019Endeavour Silver Acquires Exploration And Exploitation Rights To Two Properties Adjacent To The Guanacevi Mine, Durango State, Mexico
- Jul 10, 2019Endeavour Silver Produces 1,059,322 Oz Silver And 9,558 Oz Gold (1.8 Million Oz Silver Equivalents) In The Second Quarter, 2019
- Jul 2, 2019Endeavour Silver Reports Fatal Accident At The Bolanitos Mine
- Jun 18, 2019Endeavour Silver Receives Final Tailings Permit For The Terronera Mine Project In Jalisco State, Mexico
- Jun 5, 2019Endeavour Silver Reports High Grade Silver-Gold Drill Intersections At The Guanacevi Mine, Durango, Mexico
- May 30, 2019Endeavour Silver Provides Update On Mining Operations
- May 22, 2019Endeavour Silver Reports High Grade Silver-Gold Drill Intersections From 2019 Exploration Program At The Bolanitos Mine, Guanajuato, Mexico
- May 9, 2019Endeavour Silver Announces 2019 Annual General Meeting Results
- May 7, 2019Endeavour Silver Releases 2018 Annual Review And Sustainability Report And Files Updated Technical Report For The Terronera Project
- May 6, 2019Endeavour Silver Reports First Quarter, 2019 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- Apr 11, 2019Endeavour Silver Produces 1,071,355 Oz Silver And 10,055 Oz Gold (1.9 Million Oz Silver Equivalent) In The First Quarter, 2019
- Apr 1, 2019Endeavour Silver Achieves Commercial Production At El Compas Mine In Zacatecas, Mexico
- Feb 25, 2019Endeavour Silver Reports 2018 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- Jan 31, 2019Endeavour Silver Introduces Portfolio Of Exploration Projects In Chile, Reviews Growth Strategies And 2019 Exploration Plans, Hosting Growth Webinar Today, 10 AM PT
- Jan 24, 2019Endeavour Silver Provides 2019 Production And Cost Guidance, Production Forecast 4.4-5.2 Million Oz Silver And 46,200-52,200 Oz Gold, For 8.1-9.4 Million Oz Silver Equivalent
- Jan 21, 2019Endeavour Silver Updates 2018 Mineral Reserve And Resource Estimates
- Jan 10, 2019Endeavour Silver Produces 5.5 Million Oz Silver And 52,967 Oz Gold For 9.5 Million Oz Silver Equivalents In 2018
- Dec 17, 2018Endeavour Silver Provides Early Review Of El Cubo Mine Plan For 2019
- Dec 12, 2018Endeavour Silver Reports Positive Surface Drilling And Underground Sampling Results For The Parral Project, Chihuahua, Mexico
- Nov 28, 2018Endeavour Silver Reports High Grade Silver-Gold Intersections In Multiple Veins From 2018 Drill Program At The Bolanitos Mine, Guanajuato, Mexico
- Oct 31, 2018Endeavour Silver Reports Third Quarter, 2018 Financial Results; Conference Call At 10am Pt (1pm Et) Today
- Oct 15, 2018Endeavour Appoints Vice President, Operations
- Oct 11, 2018Endeavour Silver Produces 1,428,828 Oz Silver And 12,968 Oz Gold (2.4 Million Oz Silver Equivalents) In The Third Quarter, 2018
- Sep 19, 2018Endeavour Silver Reports Multiple High Grade Infill Drill Intercepts And Files Prefeasibility Study Technical Report For The Terronera Mine Project, Jalisco, Mexico
- Aug 30, 2018Endeavour Silver Reports Updated Ni 43-101 Mineral Resource And Reserve Estimates And An Updated Pre-Feasibility Study For The Terronera Mine Project, Jalisco, Mexico
- Aug 29, 2018Endeavour Silver Reports Company-Wide Initiatives To Reduce Capital, Operating And Other Costs, Temporary Halt Of El Compas Plant Operations To Re-Commission The Tailings Facility
- Aug 2, 2018Endeavour Silver Reports Second Quarter, 2018 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- Jul 25, 2018Endeavour Silver Drilling Intersects 269 Gpt Silver And 5.5 Gpt Gold Over 1.1 Metres (19.9 Opt Ageq Over 3.6 Ft) At Calicanto Property, Zacatecas, Mexico And Provides Development Update For The El Compas Mine
- Jul 10, 2018Endeavour Silver Produces 1,355,895 Oz Silver And 13,674 Oz Gold (2.4 Million Oz Silver Equivalents) In The Second Quarter, 2018
- Jun 27, 2018Endeavour Silver Drilling Intersects 618 Gpt Silver And 3.2 Gpt Gold Over 21.2 Metres (25.1 Opt Ageq Over 69.6 Ft) At Terronera Project, Jalisco, Mexico
- Jun 13, 2018Endeavour Silver Announces At-The-Market Offering Of Up To Us$35.7 Million
- May 29, 2018Endeavour Appoints Vice President, New Projects
- May 14, 2018Endeavour Silver Drilling Intersects High Grade Silver-Gold-Lead-Zinc Mineralization In The San Patricio Vein System On The Parral Property; Provides Positive Results For Metallurgical Testing At Parral Properties
- May 7, 2018Endeavour Silver Announces 2018 Annual General Meeting Results
- May 3, 2018Endeavour Silver Reports First Quarter, 2018 Financial Results; Conference Call At 9am PDT (12pm EDT) Today
- May 2, 2018Endeavour Silver Releases 2017 Annual Review And Sustainability Report
- Apr 18, 2018Mexico Management Appointments And Departure
- Apr 13, 2018Endeavour Silver Files Final Base Shelf Prospectus
- Apr 9, 2018Endeavour Silver Produces 1,350,840 Oz Silver And 13,208 Oz Gold (2.3 Million Oz Silver Equivalents) In The First Quarter, 2018; Provides Update Of The El Compas Mine Development Project
- Mar 27, 2018Endeavour Silver Updates Progress On Terronera Silver-Gold Mine Project In Jalisco, Mexico
- Feb 26, 2018Endeavour Silver Reports 2017 Financial Results; Conference Call At 10am PST (1pm Est) Today
- Feb 20, 2018Endeavour Silver Updates Development Progress And Improves Operating Metrics Of The El Compas Gold-Silver Mine Project In Zacatecas, Mexico
- Feb 7, 2018Endeavour Silver Updates Mineral Reserve And Mineral Resource Estimates For Its Operating Mines And Development Projects And Reports Initial Mineral Resource Estimate For New Parral Properties
- Jan 25, 2018Endeavour Silver Provides 2018 Production And Cost Guidance, Targeting 20% Increase In Production To 5.8-6.4 Million Oz Silver And 58-64,000 Oz Gold For 10.2-11.2 Million Oz Silver Equivalent
- Jan 10, 2018Endeavour Silver Produces 4.9 Million Oz Silver And 53,007 Oz Gold For 8.9 Million Oz Silver Equivalent In 2017
- Dec 4, 2017Endeavour Silver Drilling Discovers High Grade Silver-Gold Mineralization In The Misie And Calicanto Vein Systems On The Calicanto Property, Zacatecas, Mexico
- Nov 15, 2017Endeavour Silver Drilling Discovers Potential Bulk Tonnage Silver Mineralization In The Palmilla Mine Area, Parral Project, Chihuahua, Mexico
- Nov 2, 2017Endeavour Silver Reports Financial Results For Third Quarter, 2017
- Nov 1, 2017Endeavour Silver Appoints New Director Of Investor Relations
- Oct 24, 2017Endeavour Silver Drilling Verifies High Grade Silver Mineralization In The Veta Colorada On The Parral Project, Chihuahua, Mexico
- Oct 10, 2017Endeavour Silver Produces 1,262,064 Oz Silver And 13,648 Oz Gold (2.2 Million Oz Silver Equivalents) In The Third Quarter, 2017
- Sep 11, 2017Endeavour Silver And Capstone Mining Exchange Mineral Rights On Adjacent Properties In Zacatecas, Mexico
- Aug 30, 2017Endeavour Silver Drilling Extends High Grade Silver-Gold Mineralization In Santa Cruz Vein At The Guanaceví Mine In Durango, Mexico
- Aug 15, 2017Endeavour Silver Drilling Continues To Intersect High Grade Mineralization In The La Luz Vein On The Terronera Property In Jalisco, Mexico
- Aug 10, 2017Endeavour Silver Appoints New Vice President, Engineering To Lead New Technical Services And Mine Development Group
- Aug 3, 2017Endeavour Silver Reports Financial Results For Second Quarter, 2017; Updates On Development Projects And 2017 Guidance
- Jul 12, 2017Endeavour Silver Produces 1,143,788 Oz Silver And 13,058 Oz Gold (2.1 Million Oz Silver Equivalents) In The Second Quarter, 2017
- Jun 20, 2017Endeavour Silver Releases 2016 Annual Review And Sustainability Report
- Jun 12, 2017Endeavour Silver Completes Review Of Director’s Agm Election Status
- Jun 6, 2017Endeavour Silver Acquires Additional Properties In Zacatecas, Mexico
- May 4, 2017Endeavour Silver Announces 2017 Annual General Meeting Results
- May 3, 2017Endeavour Silver Reports First Quarter, 2017 Financial Results; Conference Call At 9am Pdt (12pm Edt) Today
- Apr 11, 2017Endeavour Silver Produces 1,076,974 Oz Silver And 11,724 Oz Gold (1.9 Million Oz Silver Equivalents) In The First Quarter, 2017
- Apr 3, 2017Endeavour Silver Reports Updated Ni 43-101 Mineral Resource And Reserve Estimates And Pre-Feasibility Study For Terronera Mine, Jalisco, Mexico
- Mar 27, 2017Endeavour Silver Reports Initial Ni 43-101 Mineral Resource Estimate And Preliminary Economic Assessment For El Compas Mine, Zacatecas, Mexico
- Mar 16, 2017Endeavour Silver Expands High-Grade Silver-Gold Mineralized Zones In Terronera And La Luz Veins On The Terronera Property In Jalisco, Mexico
- Mar 2, 2017Endeavour Silver Reports 2016 Financial Results;Conference Call At 10am Pst (1pm Est) On March 2, 2017
- Feb 23, 2017Endeavour Silver To Release 2016 Financial Results On March 2, 2017
- Feb 1, 2017Endeavour Silver Appoints New Vice President, Operations And Country Manager, Mexico
- Jan 25, 2017Endeavour Silver Provides Production And Cost Guidance For 2017
- Jan 19, 2017Endeavour Silver Updates Reserves And Resources For Operating Mines
- Jan 10, 2017Endeavour Silver Produces 5.4 Million Oz Silver And 57,375 Oz Gold In 2016
- Dec 13, 2016Endeavour Silver Drill Programs Discover New High-Grade, Silver-Gold Mineralized Zones at the El Compas and Terronera Properties in Mexico
- Nov 3, 2016Endeavour Silver Reports Financial Results for Third Quarter, 2016;Conference Call at 11am PDT (2pm EDT) Today
- Nov 1, 2016Endeavour Silver Completes Acquisition of Parral Properties from Silver Standard
- Oct 24, 2016Endeavour Silver Continues to Define High Grade, Silver-Gold Vein Mineralization at Terronera Property in Jalisco State, Mexico
- Oct 11, 2016Endeavour Silver Produces 1,284,646 oz Silver and 14,364 oz Gold (2.4 Million oz Silver Equivalents) in the Third Quarter, 2016
- Sep 14, 2016Endeavour Silver Signs Agreement to Acquire Exploration Properties in Parral District, Chihuahua, Mexico from Silver Standard
- Aug 11, 2016Endeavour Silver President and COO Godfrey Walton Assumes the Responsibilities of VP of Operations and Country Manager
- Aug 3, 2016Endeavour Silver Reports Financial Results for Second Quarter, 2016;Conference Call at 10am PDT (1pm EDT) Today
- Jul 11, 2016Endeavour Silver Produces 1,551,851 oz Silver and 15,649 oz Gold (2.6 Million oz Silver Equivalents) in the Second Quarter, 2016; Revises 2016 Operating Plan and Raises 2016 Production Guidance
- Jun 27, 2016Endeavour Silver Outlines Several Prospective New Silver-Gold Veins on the Terronera Property in Jalisco State, Mexico
- Jun 2, 2016Endeavour Silver Appoints New Vice President, Corporate Development
- May 30, 2016Endeavour Silver Completes Acquisition of Oro Silver Resources Ltd.
- May 27, 2016Endeavour Silver Announces Annual General Meeting Results
- May 9, 2016Endeavour Silver Signs Definitive Agreement to Acquire Oro Silver Resources and Its El Compas Gold-Silver Mine Property and Leased Plant From Canarc Resource
- May 5, 2016Endeavour Silver Announces At-The-Market Offering of up to US$40 Million
- May 5, 2016Endeavour Silver Reports First Quarter, 2016 Financial Results; Conference Call at 10am PDT (1pm EDT) Today
- Apr 27, 2016Endeavour Silver Revises Q1 Earnings Date to May 5, 2016
- Apr 26, 2016Endeavour Silver Completes US$16 Million At-the-Market Equity Financing
- Apr 25, 2016Endeavour Silver Files Preliminary Base Shelf Prospectus
- Apr 8, 2016Endeavour Silver Produces 1,510,065 oz Silver and 15,960 oz Gold (2.7 Million oz Silver Equivalents) in the First Quarter, 2016
- Mar 4, 2016Endeavour Silver Reports 2015 Financial Results; Conference Call at 10am PST (1pm EST) on March 4, 2016
- Feb 19, 2016Endeavour Silver to Release 2015 Fourth Quarter and Year-End Financial Results on March 4, 2016
- Jan 28, 2016Endeavour Silver Provides Production and Cost Guidance for 2016; Conference Call at 10:00am PST Today
- Jan 21, 2016Endeavour Silver Updates Reserve and Resource Estimates; Deep Drilling Intersects Highest Grades Yet at Terronera
- Jan 12, 2016Endeavour Silver Produces 7.2 Million oz Silver and 60,000 oz Gold in 2015
- Nov 25, 2015Endeavour Silver Announces At-the-Market Offering of Up to US $16.5 Million
- Nov 2, 2015Endeavour Silver Reports Financial Results for Third Quarter, 2015; Conference Call at 11am PST (2pm EST) on November 2, 2015
- Oct 28, 2015Endeavour Silver Announces Revised Date for Release of Third Quarter, 2015 Financial Results; Provides Emergency Supplies to Small Towns Near San Sebastian del Oeste, Jalisco, Mexico to Assist in Recovery From Hurricane Patricia
- Oct 8, 2015Endeavour Silver Produces 1,820,282 oz Silver and 15,319 oz Gold (2.9 Million oz Silver Equivalent) in the Third Quarter, 2015
- Sep 22, 2015Endeavour Silver Infill Drilling Confirms High Grade, Gold-Silver Mineralization at Terronera Property in Jalisco State, Mexico
- Sep 9, 2015Endeavour Silver Drilling Extends Three Zones of High Grade, Gold-Silver Mineralization in Santa Cruz Vein, Guanaceví Mine, Durango State, Mexico
- Aug 17, 2015Endeavour Silver Drilling Intersects High Grade, Gold-Silver Mineralization in Three Historic Veins on Bolanitos Property, Guanajuato State, Mexico
- Aug 6, 2015Endeavour Silver Reports Financial Results for Second Quarter, 2015; LOC Debt Reduced by $4 Million, Cash Holdings Increased by $5.5 Million; Conference Call at 10am PDT (1pm EDT) on August 6, 2015
- Jul 9, 2015Endeavour Silver Produces 1,769,741 oz Silver and 13,047 oz Gold (2.7 Million oz Silver Equivalent) in the Second Quarter, 2015
- Jun 15, 2015Ball Mill Repaired and Plant Operations Back to Normal at Bolanitos Mine; Second Mine Contractor Commences Work at El Cubo Mine
- Jun 5, 2015Endeavour Silver Reports Ball Mill Down for Repairs at Bolanitos Mine; No Material Impact on Production Anticipated
- Jun 1, 2015Endeavour Silver Infill Drilling Confirms Thick, High Grade, Silver-Gold Mineralization at Terronera Property, Jalisco State, Mexico
- May 11, 2015Endeavour Silver Releases Positive Preliminary Economic Assessment for the Terronera Project, Jalisco State, Mexico
- May 7, 2015Endeavour Silver Announces Annual General Meeting Results
- May 6, 2015Endeavour Silver Reports First Quarter, 2015 Financial Results; Conference Call at 9am PDT (12pm EDT) on May 6, 2015
- Apr 23, 2015Endeavour Silver Makes Minor Amendments to Stock Option Plan
- Apr 8, 2015Endeavour Silver Produces 1,820,050 oz Silver and 15,808 oz Gold (2.9 Million oz Silver Equivalents) in the First Quarter, 2015
- Mar 17, 2015Endeavour Silver Initiates Major Mine Expansion at El Cubo; Raises Production Guidance and Reduces Cost Guidance for 2015
- Mar 5, 2015Endeavour Silver Reports 2014 Financial Results; Conference Call at 1pm PST (4pm EST) Today, March 5, 2015
- Feb 5, 2015Endeavour Silver to Release 2014 Fourth Quarter and Year-End Financial Results on March 5, 2015
- Jan 29, 2015Endeavour Silver Updates Reserve and Resource Estimates, Provides Production and Cost Guidance for 2015; Conference Call at 10:00am PST Today
- Jan 12, 2015Endeavour Silver Reports Record Silver Production in 4th Quarter, 2014 and 10th Consecutive Year of Higher Silver Production
- March 29, 2023Endeavour Silver Files Amended Pitarrilla Technical Report
- March 9, 2023Endeavour Silver Releases Inaugural Climate Report
- March 2, 2023Endeavour Silver Reports Solid 2022 Financial Results: Earnings Conference Call at 9am PST (12pm EST) Time
- January 26, 2023Endeavour Silver Announces Filing of NI 43-101 Technical Reports for Guanacevi and Bolañitos Mines
- January 12, 2023Endeavour Silver Provides 2023 Guidance; Production expected at 5.7 - 6.3 Million oz Silver and 36,000 - 40,000 oz Gold for 8.6 - 9.5 Million oz Silver Equivalent ¹
- January 10, 2023Endeavour Silver Surpasses Upper Range of Production Guidance by Delivering 9.0 Million Silver Equivalent Ounces in 2022
- December 8, 2022Endeavour Silver Announces Initial Mineral Resource Estimate and Filing of NI43-101 Technical Report on the Pitarrilla Project in Durango State, Mexico
- November 8, 2022Endeavour Silver Announces Q3 Financial Results; Earnings Conference Call at 10am PST (1pm EST) Today
- October 11, 2022Endeavour Silver Produces 1,458,448 oz Silver and 9,194 oz Gold for 2.2 Million oz Silver Equivalent in Q3 2022
- September 26, 2022Endeavour Silver Continues to Intersect High-Grade Mineralization at the Guanacevi Mine including 3.54 g/t Gold and 1,129 g/t Silver for 1,412 g/t Silver Equivalents over 7.28 meters
- September 12, 2022Endeavour Silver Completes the Sale of the El Compas Property to Grupo ROSGO for US$5.0 million
- September 8, 2022Endeavour Silver Continues to Intersect Positive Drill Results at the Parral Project
- August 29, 2022Endeavour Silver Appoints Rex McLennan as Chairman
- August 24, 2022Endeavour Silver Honours Bradford Cooke with Company Tribute and Details on Celebration of Life
- August 18, 2022Endeavour Silver Founder and Chairman Bradford Cooke Passes Away
- August 9, 2022Endeavour Silver Announces Q2 2022 Financial Results; Raises 2022 Production Guidance
- July 8, 2022Endeavour Silver Reports Strong Q2 2022 Production Results; Higher Grades at the Guanacevi Mine Drive Strong Operational Performance
- July 6, 2022Endeavour Silver Announces Completion of Pitarrilla Acquisition
- May 13, 2022Endeavour Silver Announces 2022 Annual General Meeting Voting Results
- May 12, 2022Endeavour Silver Releases 2021 Sustainability Report
- May 11, 2022Endeavour Silver Announces Strong Q1 2022 Financial and Operating Results with Earnings Per Share of $0.07
- April 26, 2022Endeavour Silver Reports Positive Drill Results for the Parral Project
- April 13, 2022Endeavour Silver Continues to Intersect High-Grade Silver-Gold Mineralization and Extend the El Curso Orebody Along Strike and at Depth at its Guanacevi Mine
- April 11, 2022Endeavour Silver Delivers Strong Production in Q1 2022
- March 31, 2022Endeavour Silver Announces Retirement of Director
- March 22, 2022Endeavour Silver Closes US$46 Million Bought Deal Financing Including US$6 Million Over-Allotment Option Exercise in Full
- March 15, 2022Endeavour Silver Corp. Announces US$40 Million Bought Deal Financing
- March 10, 2022Endeavour Silver Announces Strong Year End 2021 Financial and Operating Results with Earnings Per Share of $0.08
- January 20, 2022Endeavour Silver Provides 2022 Guidance, Including Production of 4.2-4.8 Million oz Silver and 31,000-35,000 oz Gold for 6.7-7.6 Million oz Silver Equivalent1
- January 19, 2022Endeavour Silver Announces Filing of NI 43-101 Reports on Guanacevi and Bolanitos Projects
- January 13, 2022Endeavour Silver to Acquire the Pitarrilla Project, One of the World's Largest Undeveloped Silver Projects¹, Leveraging Regional Platform and Operating Expertise in Mexico
- January 11, 2022Endeavour Silver Ends the Year on a Strong Note; FY2021 Annual Production Surpasses Upper End of Guidance
- January 6, 2022Endeavour Silver Launches Sustainability Strategy with Three-year Targets
- January 4, 2022Endeavour Silver Announces Appointment of New Director
- December 16, 2021Endeavour Silver Reports Positive Drill Results for the Parral Project
- December 2, 2021Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at its Guanacevi and Bolañitos Operations
- December 2, 2021Early Warning Report Regarding Guanajuato Silver Company Ltd.
- November 9, 2021Endeavour Silver Reports Financial Results for the Third Quarter 2021; Earnings Conference Call at 10am PST (1pm EST) Today
- October 25, 2021Endeavour Silver Files NI 43-101 Technical Report on the Feasibility Study of the Terronera Project, Jalisco State
- October 7, 2021Endeavour Silver Produces 1,305,399 oz Silver and 10,541 oz Gold for 2.1 Million oz Silver Equivalents in Q3, 2021; 2021 Consolidated Production Guidance Raised to 7.7 - 8.0 Million oz Silver Equivalents
- September 9, 2021Endeavour Silver Completes Feasibility Study on the Terronera Project in Jalisco State, Mexico. Robust Economics Supported by Larger Mineral Reserves, Higher Annual Silver Production and Longer Mine Life; Video Webcast and Q&A at 7AM PDT (10AM EDT) Today
- September 1, 2021Endeavour Silver Completes Acquisition of Bruner Gold Project in Nye County, Nevada
- August 10, 2021Endeavour Silver Reports Financial Results for the Second Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today
- July 19, 2021Endeavour Silver Signs Agreement to Acquire Bruner Gold Project in Nye County, Nevada
- July 8, 2021Endeavour Silver Produces 1,073,724 oz Silver and 11,166 oz Gold for 2.0 Million oz Silver Equivalents in Q2, 2021
- June 8, 2021Endeavour Silver Drilling Intersects High-Grade Silver-Gold Mineralization in Multiple Veins at the Terronera Project in Jalisco, Mexico
- May 20, 2021Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization at the Bolanitos Mine in Durango, Mexico
- May 13, 2021Message to Shareholders from Daniel Dickson, Newly Appointed Chief Executive Officer of Endeavour Silver Corp.
- May 12, 2021Endeavour Silver Announces 2021 Annual General Meeting Results
- May 12, 2021Endeavour Silver Releases 2020 Sustainability Report
- May 11, 2021Endeavour Silver Reports Financial Results for the First Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today
- May 4, 2021Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at the Guanacevi Mine in Durango, Mexico
- April 12, 2021Endeavour Silver Closes Sale of El Cubo Mine to VanGold Mining
- April 8, 2021Endeavour Silver Produces 1,048,100 oz Silver and 11,109 oz Gold for 1.9 Million oz Silver Equivalents in Q1, 2021
- March 30, 2021Endeavour Silver Announces Board and Management Succession Plans
- March 17, 2021Endeavour Silver Signs Definitive Agreement to Sell the El Cubo Mine in Guanajuato, Mexico to VanGold Mining; Endeavour to be Added to the S&P/TSX Composite and NYSE Arca Gold Miners (GDX ETF) Indices
- March 1, 2021Endeavour Silver Reports $19.9 Million Earnings in the Fourth Quarter, 2020 and $1.2 Million Earnings for the Full Year, 2020
- February 3, 2021Endeavour Silver Updates 2020 Mineral Reserve and Resource Estimates
- February 1, 2021Endeavour Silver Grants Option to Purchase Guadalupe y Calvo Project in Chihuahua, Mexico to Ridgestone Mining
- January 28, 2021Endeavour Silver Provides 2021 Production and Cost Guidance, Forecasting 3.6-4.3 Million oz Silver and 31,000-35,500 oz Gold, or 6.1-7.1 Million oz Silver Equivalent
- January 7, 2021Endeavour Silver Reports Highest Quarterly Production in Two Years; Produces 1,117,289 oz Silver and 12,586 oz Gold (2.1 Million oz Silver Equivalents) in Fourth Quarter, 2020
- December 18, 2020Endeavour Silver Agrees to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining Corp. for US$15 Million Plus Additional Contingent Payments
- December 1, 2020Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization At The Bolanitos Mine In Guanajuato, Mexico
- November 18, 2020Endeavour Silver Expands Terronera Project In Jalisco, Mexico, Acquires Two Adjacent Properties Covering Multiple Mineralized Veins
- November 12, 2020Endeavour Silver Continues To Intersect High-Grade Gold-Silver Mineralization At Guanacevi, Durango, Mexico
- November 5, 2020Endeavour Silver Reports Financial Results For Third Quarter 2020, Conference Call At 10am PST (1pm EST) Today
- October 8, 2020Endeavour Silver Produces 942,274 Oz Silver And 10,260 Oz Gold (1.8 Million Oz Silver Eq.) In Third Quarter, 2020; Hosting Video Zoom Update On October 13, 2020
- October 1, 2020Endeavour Silver Announces At-The-Market Offering Of Up To Us$60 Million
- September 15, 2020Endeavour Silver Appoints Don Gray As Coo, Awards Feasibility Study For Terronera Project To Wood PLC
- August 6, 2020Endeavour Silver Files PFS Technical Report For The Terronera Project
- August 4, 2020Endeavour Silver Reports Financial Results For The Second Quarter 2020; Conference Call At 10am PDT (1pm EDT) Today
- July 29, 2020Endeavour Silver Reschedules To Report Second Quarter 2020 Financial Results And Conference Call On August 4, 2020
- July 14, 2020Endeavour Silver Announces Robust Economics In Final Pre-Feasibility Study On The Terronera Mine Project In Jalisco State, Mexico; Video Webcast And Q&A On July 14, 2020
- July 9, 2020Endeavour Silver Produces 596,545 Oz Silver And 5,817 Oz Gold In Abbreviated Second Quarter, 2020
- June 2, 2020Endeavour Silver Intersects New High-Grade Gold-Silver Mineralization On The El Curso Property At The Guanacevi Mine In Durango, Mexico
- May 28, 2020Endeavour Silver Restarts Mining Operations In Mexico
- May 20, 2020Endeavour Silver Drilling Intersects New High-Grade Gold-Silver Mineralization In Melladito Vein At Bolanitos Mine, Guanajuato, Mexico
- May 14, 2020Endeavour Silver Announces At-The-Market Offering Of Up To US$23 Million
- May 13, 2020Endeavour Silver Announces 2020 Annual General Meeting Results
- May 12, 2020Endeavour Silver Releases 2019 Annual Review And Sustainability Report
- May 8, 2020Endeavour Silver Reports Financial Results For The First Quarter 2020; Earnings Conference Call At 10am PDT (1pm EDT) Today
- May 6, 2020Endeavour Silver Reschedules To Report First Quarter 2020 Financial Results And Conference Call On May 8, 2020
- April 29, 2020Mexican Government Decrees Restart Of Non-Essential Activities Such As Mining In Areas With No Or Low Sars-Cov2 Virus Cases On May 18, 2020; Endeavour Silver Files Final Base Shelf Prospectus
- April 9, 2020Endeavour Silver Produces 857,659 Oz Silver And 8,476 Oz Gold, In The First Quarter, 2020 - In Line With Guidance Prior To Suspension - Video Webcast And Q&A On April 14, 2020
- April 2, 2020Mexican Government Declares Covid-19 National Health Emergency, Only Essential Services To Remain Open, Endeavour Silver Suspending Its Mexican Mining Operations Until April 30, 2020
- March 18, 2020Endeavour Silver Implements Plans To Minimize Covid-19 Risks; Initiates Internal Review Of Terronera Prefeasibility Study
- February 24, 2020Endeavour Silver Reports Financial Results For The Fourth Quarter And 2019 Full Year
- February 13, 2020Endeavour Silver Appoints Director, Project Development
- January 31, 2020Endeavour Silver Provides 2020 Production And Cost Guidance, Forecasting 3.0-3.5 Million Oz Silver And 38,000-44,000 Oz Gold, Or 6.0-7.0 Million Oz Silver Equivalent
- January 29, 2020Endeavour Silver Updates 2019 Mineral Reserve And Resource Estimates
- January 10, 2020Endeavour Silver Produces 4,018,735 Oz Silver And 38,907 Oz Gold (7.1 Million Oz Silver Equivalents) In 2019
- November 21, 2019Endeavour Silver To Suspend Operations At The El Cubo Mine In Mexico
- November 12, 2019Endeavour Silver Reports Initial Drill Results For The El Curso Property Adjacent To The Guanacevi Mine In Durango, Mexico, Including 1,182 gpt Silver And 3.07 gpt Gold Over 5.1 M True Width
- November 5, 2019Endeavour Silver Reports Third Quarter, 2019 Financial Results, Conference Call At 10am PST (1pm EST) Today
- October 23, 2019Endeavour Silver Reports Infill Drill Results For The Parral Project In Chihuahua, Mexico Including 308 gpt Silver Over 11.6 M True Width
- October 9, 2019Endeavour Silver Produces 948,547 Oz Silver And 9,716 Oz Gold (1.7 Million Oz Silver Equivalents) In The Third Quarter, 2019; Provides Development And Exploration Project Updates
- August 14, 2019Endeavour Silver Reports Positive Exploration Results For The Parral Project In Chihuahua, Mexico Including 332 gpt Silver Over 13.1 M True Width
- August 8, 2019Endeavour Silver Reports Second Quarter, 2019 Financial Results; Conference Call At 10am Pdt (1pm EDT) Today
- July 15, 2019Endeavour Silver Acquires Exploration And Exploitation Rights To Two Properties Adjacent To The Guanacevi Mine, Durango State, Mexico
- July 10, 2019Endeavour Silver Produces 1,059,322 Oz Silver And 9,558 Oz Gold (1.8 Million Oz Silver Equivalents) In The Second Quarter, 2019
- July 2, 2019Endeavour Silver Reports Fatal Accident At The Bolanitos Mine
- June 18, 2019Endeavour Silver Receives Final Tailings Permit For The Terronera Mine Project In Jalisco State, Mexico
- June 5, 2019Endeavour Silver Reports High Grade Silver-Gold Drill Intersections At The Guanacevi Mine, Durango, Mexico
- May 30, 2019Endeavour Silver Provides Update On Mining Operations
- May 22, 2019Endeavour Silver Reports High Grade Silver-Gold Drill Intersections From 2019 Exploration Program At The Bolanitos Mine, Guanajuato, Mexico
- May 9, 2019Endeavour Silver Announces 2019 Annual General Meeting Results
- May 7, 2019Endeavour Silver Releases 2018 Annual Review And Sustainability Report And Files Updated Technical Report For The Terronera Project
- May 6, 2019Endeavour Silver Reports First Quarter, 2019 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- April 11, 2019Endeavour Silver Produces 1,071,355 Oz Silver And 10,055 Oz Gold (1.9 Million Oz Silver Equivalent) In The First Quarter, 2019
- April 1, 2019Endeavour Silver Achieves Commercial Production At El Compas Mine In Zacatecas, Mexico
- February 25, 2019Endeavour Silver Reports 2018 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- January 31, 2019Endeavour Silver Introduces Portfolio Of Exploration Projects In Chile, Reviews Growth Strategies And 2019 Exploration Plans, Hosting Growth Webinar Today, 10 AM PT
- January 24, 2019Endeavour Silver Provides 2019 Production And Cost Guidance, Production Forecast 4.4-5.2 Million Oz Silver And 46,200-52,200 Oz Gold, For 8.1-9.4 Million Oz Silver Equivalent
- January 21, 2019Endeavour Silver Updates 2018 Mineral Reserve And Resource Estimates
- January 10, 2019Endeavour Silver Produces 5.5 Million Oz Silver And 52,967 Oz Gold For 9.5 Million Oz Silver Equivalents In 2018
- December 17, 2018Endeavour Silver Provides Early Review Of El Cubo Mine Plan For 2019
- December 12, 2018Endeavour Silver Reports Positive Surface Drilling And Underground Sampling Results For The Parral Project, Chihuahua, Mexico
- November 28, 2018Endeavour Silver Reports High Grade Silver-Gold Intersections In Multiple Veins From 2018 Drill Program At The Bolanitos Mine, Guanajuato, Mexico
- October 31, 2018Endeavour Silver Reports Third Quarter, 2018 Financial Results; Conference Call At 10am Pt (1pm Et) Today
- October 15, 2018Endeavour Appoints Vice President, Operations
- October 11, 2018Endeavour Silver Produces 1,428,828 Oz Silver And 12,968 Oz Gold (2.4 Million Oz Silver Equivalents) In The Third Quarter, 2018
- September 19, 2018Endeavour Silver Reports Multiple High Grade Infill Drill Intercepts And Files Prefeasibility Study Technical Report For The Terronera Mine Project, Jalisco, Mexico
- August 30, 2018Endeavour Silver Reports Updated Ni 43-101 Mineral Resource And Reserve Estimates And An Updated Pre-Feasibility Study For The Terronera Mine Project, Jalisco, Mexico
- August 29, 2018Endeavour Silver Reports Company-Wide Initiatives To Reduce Capital, Operating And Other Costs, Temporary Halt Of El Compas Plant Operations To Re-Commission The Tailings Facility
- August 2, 2018Endeavour Silver Reports Second Quarter, 2018 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- July 25, 2018Endeavour Silver Drilling Intersects 269 Gpt Silver And 5.5 Gpt Gold Over 1.1 Metres (19.9 Opt Ageq Over 3.6 Ft) At Calicanto Property, Zacatecas, Mexico And Provides Development Update For The El Compas Mine
- July 10, 2018Endeavour Silver Produces 1,355,895 Oz Silver And 13,674 Oz Gold (2.4 Million Oz Silver Equivalents) In The Second Quarter, 2018
- June 27, 2018Endeavour Silver Drilling Intersects 618 Gpt Silver And 3.2 Gpt Gold Over 21.2 Metres (25.1 Opt Ageq Over 69.6 Ft) At Terronera Project, Jalisco, Mexico
- June 13, 2018Endeavour Silver Announces At-The-Market Offering Of Up To Us$35.7 Million
- May 29, 2018Endeavour Appoints Vice President, New Projects
- May 14, 2018Endeavour Silver Drilling Intersects High Grade Silver-Gold-Lead-Zinc Mineralization In The San Patricio Vein System On The Parral Property; Provides Positive Results For Metallurgical Testing At Parral Properties
- May 7, 2018Endeavour Silver Announces 2018 Annual General Meeting Results
- May 3, 2018Endeavour Silver Reports First Quarter, 2018 Financial Results; Conference Call At 9am PDT (12pm EDT) Today
- May 2, 2018Endeavour Silver Releases 2017 Annual Review And Sustainability Report
- April 18, 2018Mexico Management Appointments And Departure
- April 13, 2018Endeavour Silver Files Final Base Shelf Prospectus
- April 9, 2018Endeavour Silver Produces 1,350,840 Oz Silver And 13,208 Oz Gold (2.3 Million Oz Silver Equivalents) In The First Quarter, 2018; Provides Update Of The El Compas Mine Development Project
- March 27, 2018Endeavour Silver Updates Progress On Terronera Silver-Gold Mine Project In Jalisco, Mexico
- February 26, 2018Endeavour Silver Reports 2017 Financial Results; Conference Call At 10am PST (1pm Est) Today
- February 20, 2018Endeavour Silver Updates Development Progress And Improves Operating Metrics Of The El Compas Gold-Silver Mine Project In Zacatecas, Mexico
- February 7, 2018Endeavour Silver Updates Mineral Reserve And Mineral Resource Estimates For Its Operating Mines And Development Projects And Reports Initial Mineral Resource Estimate For New Parral Properties
- January 25, 2018Endeavour Silver Provides 2018 Production And Cost Guidance, Targeting 20% Increase In Production To 5.8-6.4 Million Oz Silver And 58-64,000 Oz Gold For 10.2-11.2 Million Oz Silver Equivalent
- January 10, 2018Endeavour Silver Produces 4.9 Million Oz Silver And 53,007 Oz Gold For 8.9 Million Oz Silver Equivalent In 2017
- December 4, 2017Endeavour Silver Drilling Discovers High Grade Silver-Gold Mineralization In The Misie And Calicanto Vein Systems On The Calicanto Property, Zacatecas, Mexico
- November 15, 2017Endeavour Silver Drilling Discovers Potential Bulk Tonnage Silver Mineralization In The Palmilla Mine Area, Parral Project, Chihuahua, Mexico
- November 2, 2017Endeavour Silver Reports Financial Results For Third Quarter, 2017
- November 1, 2017Endeavour Silver Appoints New Director Of Investor Relations
- October 24, 2017Endeavour Silver Drilling Verifies High Grade Silver Mineralization In The Veta Colorada On The Parral Project, Chihuahua, Mexico
- October 10, 2017Endeavour Silver Produces 1,262,064 Oz Silver And 13,648 Oz Gold (2.2 Million Oz Silver Equivalents) In The Third Quarter, 2017
- September 11, 2017Endeavour Silver And Capstone Mining Exchange Mineral Rights On Adjacent Properties In Zacatecas, Mexico
- August 30, 2017Endeavour Silver Drilling Extends High Grade Silver-Gold Mineralization In Santa Cruz Vein At The Guanaceví Mine In Durango, Mexico
- August 15, 2017Endeavour Silver Drilling Continues To Intersect High Grade Mineralization In The La Luz Vein On The Terronera Property In Jalisco, Mexico
- August 10, 2017Endeavour Silver Appoints New Vice President, Engineering To Lead New Technical Services And Mine Development Group
- August 3, 2017Endeavour Silver Reports Financial Results For Second Quarter, 2017; Updates On Development Projects And 2017 Guidance
- July 12, 2017Endeavour Silver Produces 1,143,788 Oz Silver And 13,058 Oz Gold (2.1 Million Oz Silver Equivalents) In The Second Quarter, 2017
- June 20, 2017Endeavour Silver Releases 2016 Annual Review And Sustainability Report
- June 12, 2017Endeavour Silver Completes Review Of Director’s Agm Election Status
- June 6, 2017Endeavour Silver Acquires Additional Properties In Zacatecas, Mexico
- May 4, 2017Endeavour Silver Announces 2017 Annual General Meeting Results
- May 3, 2017Endeavour Silver Reports First Quarter, 2017 Financial Results; Conference Call At 9am Pdt (12pm Edt) Today
- April 11, 2017Endeavour Silver Produces 1,076,974 Oz Silver And 11,724 Oz Gold (1.9 Million Oz Silver Equivalents) In The First Quarter, 2017
- April 3, 2017Endeavour Silver Reports Updated Ni 43-101 Mineral Resource And Reserve Estimates And Pre-Feasibility Study For Terronera Mine, Jalisco, Mexico
- March 27, 2017Endeavour Silver Reports Initial Ni 43-101 Mineral Resource Estimate And Preliminary Economic Assessment For El Compas Mine, Zacatecas, Mexico
- March 16, 2017Endeavour Silver Expands High-Grade Silver-Gold Mineralized Zones In Terronera And La Luz Veins On The Terronera Property In Jalisco, Mexico
- March 2, 2017Endeavour Silver Reports 2016 Financial Results;Conference Call At 10am Pst (1pm Est) On March 2, 2017
- February 23, 2017Endeavour Silver To Release 2016 Financial Results On March 2, 2017
- February 1, 2017Endeavour Silver Appoints New Vice President, Operations And Country Manager, Mexico
- January 25, 2017Endeavour Silver Provides Production And Cost Guidance For 2017
- January 19, 2017Endeavour Silver Updates Reserves And Resources For Operating Mines
- January 10, 2017Endeavour Silver Produces 5.4 Million Oz Silver And 57,375 Oz Gold In 2016
- December 13, 2016Endeavour Silver Drill Programs Discover New High-Grade, Silver-Gold Mineralized Zones at the El Compas and Terronera Properties in Mexico
- November 3, 2016Endeavour Silver Reports Financial Results for Third Quarter, 2016;Conference Call at 11am PDT (2pm EDT) Today
- November 1, 2016Endeavour Silver Completes Acquisition of Parral Properties from Silver Standard
- October 24, 2016Endeavour Silver Continues to Define High Grade, Silver-Gold Vein Mineralization at Terronera Property in Jalisco State, Mexico
- October 11, 2016Endeavour Silver Produces 1,284,646 oz Silver and 14,364 oz Gold (2.4 Million oz Silver Equivalents) in the Third Quarter, 2016
- September 14, 2016Endeavour Silver Signs Agreement to Acquire Exploration Properties in Parral District, Chihuahua, Mexico from Silver Standard
- August 11, 2016Endeavour Silver President and COO Godfrey Walton Assumes the Responsibilities of VP of Operations and Country Manager
- August 3, 2016Endeavour Silver Reports Financial Results for Second Quarter, 2016;Conference Call at 10am PDT (1pm EDT) Today
- July 11, 2016Endeavour Silver Produces 1,551,851 oz Silver and 15,649 oz Gold (2.6 Million oz Silver Equivalents) in the Second Quarter, 2016; Revises 2016 Operating Plan and Raises 2016 Production Guidance
- June 27, 2016Endeavour Silver Outlines Several Prospective New Silver-Gold Veins on the Terronera Property in Jalisco State, Mexico
- June 2, 2016Endeavour Silver Appoints New Vice President, Corporate Development
- May 30, 2016Endeavour Silver Completes Acquisition of Oro Silver Resources Ltd.
- May 27, 2016Endeavour Silver Announces Annual General Meeting Results
- May 9, 2016Endeavour Silver Signs Definitive Agreement to Acquire Oro Silver Resources and Its El Compas Gold-Silver Mine Property and Leased Plant From Canarc Resource
- May 5, 2016Endeavour Silver Announces At-The-Market Offering of up to US$40 Million
- May 5, 2016Endeavour Silver Reports First Quarter, 2016 Financial Results; Conference Call at 10am PDT (1pm EDT) Today
- April 27, 2016Endeavour Silver Revises Q1 Earnings Date to May 5, 2016
- April 26, 2016Endeavour Silver Completes US$16 Million At-the-Market Equity Financing
- April 25, 2016Endeavour Silver Files Preliminary Base Shelf Prospectus
- April 8, 2016Endeavour Silver Produces 1,510,065 oz Silver and 15,960 oz Gold (2.7 Million oz Silver Equivalents) in the First Quarter, 2016
- March 4, 2016Endeavour Silver Reports 2015 Financial Results; Conference Call at 10am PST (1pm EST) on March 4, 2016
- February 19, 2016Endeavour Silver to Release 2015 Fourth Quarter and Year-End Financial Results on March 4, 2016
- January 28, 2016Endeavour Silver Provides Production and Cost Guidance for 2016; Conference Call at 10:00am PST Today
- January 21, 2016Endeavour Silver Updates Reserve and Resource Estimates; Deep Drilling Intersects Highest Grades Yet at Terronera
- January 12, 2016Endeavour Silver Produces 7.2 Million oz Silver and 60,000 oz Gold in 2015
- November 25, 2015Endeavour Silver Announces At-the-Market Offering of Up to US $16.5 Million
- November 2, 2015Endeavour Silver Reports Financial Results for Third Quarter, 2015; Conference Call at 11am PST (2pm EST) on November 2, 2015
- October 28, 2015Endeavour Silver Announces Revised Date for Release of Third Quarter, 2015 Financial Results; Provides Emergency Supplies to Small Towns Near San Sebastian del Oeste, Jalisco, Mexico to Assist in Recovery From Hurricane Patricia
- October 8, 2015Endeavour Silver Produces 1,820,282 oz Silver and 15,319 oz Gold (2.9 Million oz Silver Equivalent) in the Third Quarter, 2015
- September 22, 2015Endeavour Silver Infill Drilling Confirms High Grade, Gold-Silver Mineralization at Terronera Property in Jalisco State, Mexico
- September 9, 2015Endeavour Silver Drilling Extends Three Zones of High Grade, Gold-Silver Mineralization in Santa Cruz Vein, Guanaceví Mine, Durango State, Mexico
- August 17, 2015Endeavour Silver Drilling Intersects High Grade, Gold-Silver Mineralization in Three Historic Veins on Bolanitos Property, Guanajuato State, Mexico
- August 6, 2015Endeavour Silver Reports Financial Results for Second Quarter, 2015; LOC Debt Reduced by $4 Million, Cash Holdings Increased by $5.5 Million; Conference Call at 10am PDT (1pm EDT) on August 6, 2015
- July 9, 2015Endeavour Silver Produces 1,769,741 oz Silver and 13,047 oz Gold (2.7 Million oz Silver Equivalent) in the Second Quarter, 2015
- June 15, 2015Ball Mill Repaired and Plant Operations Back to Normal at Bolanitos Mine; Second Mine Contractor Commences Work at El Cubo Mine
- June 5, 2015Endeavour Silver Reports Ball Mill Down for Repairs at Bolanitos Mine; No Material Impact on Production Anticipated
- June 1, 2015Endeavour Silver Infill Drilling Confirms Thick, High Grade, Silver-Gold Mineralization at Terronera Property, Jalisco State, Mexico
- May 11, 2015Endeavour Silver Releases Positive Preliminary Economic Assessment for the Terronera Project, Jalisco State, Mexico
- May 7, 2015Endeavour Silver Announces Annual General Meeting Results
- May 6, 2015Endeavour Silver Reports First Quarter, 2015 Financial Results; Conference Call at 9am PDT (12pm EDT) on May 6, 2015
- April 23, 2015Endeavour Silver Makes Minor Amendments to Stock Option Plan
- April 8, 2015Endeavour Silver Produces 1,820,050 oz Silver and 15,808 oz Gold (2.9 Million oz Silver Equivalents) in the First Quarter, 2015
- March 17, 2015Endeavour Silver Initiates Major Mine Expansion at El Cubo; Raises Production Guidance and Reduces Cost Guidance for 2015
- March 5, 2015Endeavour Silver Reports 2014 Financial Results; Conference Call at 1pm PST (4pm EST) Today, March 5, 2015
- February 5, 2015Endeavour Silver to Release 2014 Fourth Quarter and Year-End Financial Results on March 5, 2015
- January 29, 2015Endeavour Silver Updates Reserve and Resource Estimates, Provides Production and Cost Guidance for 2015; Conference Call at 10:00am PST Today
- January 12, 2015Endeavour Silver Reports Record Silver Production in 4th Quarter, 2014 and 10th Consecutive Year of Higher Silver Production
October 31, 2018
Endeavour Silver Reports Third Quarter, 2018 Financial Results; Conference Call At 10am Pt (1pm Et) Today
VANCOUVER, British Columbia, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) released today its financial results for the Third Quarter ended September 30, 2018. The Company operates three silver-gold mines in Mexico, the Guanaceví mine in Durango state, and the Bolañitos and El Cubo mines in Guanajuato state. Endeavour is currently commissioning its fourth mine, El Compas, in Zacatecas state and advancing the Terronera mine project in Jalisco state to a development decision.
The Company reports a net loss of $5.5 million in the Third Quarter, 2018 compared to $1.0 million earnings in the Third Quarter, 2017, primarily due to higher depreciation and depletion charges. Revenue decreased 6% to $37.6 million and mine operating cash flow before taxes(1) decreased 20% to $9.6 million due to lower realized metal prices and higher costs, offset by higher silver production.
Cash flow from operations before working capital changes increased 21% to $6.9 million and EBITDA fell 8% to $5.6 million compared to the same period last year. Cash costs rose 9% to $8.86 per oz silver payable (net of gold credits) and all-in sustaining costs fell 8% to $16.14 per oz silver payable (net of gold credits) as capital expenditures fell compared to Third Quarter, 2017. For the nine months ended September 30, 2018, cash costs and all-in sustaining costs decreased 5% and 15% respectively to $7.68 and $15.87 per oz silver payable (net of gold credits) compared to the nine months ended September 30, 2017.
Highlights of Third Quarter 2018 (Compared to Third Quarter 2017)
Financial
- Net loss of $5.5 million (loss of $0.04 per share) compared $1.0 million earnings in 2017
- EBITDA(1) decreased 8% to $5.6 million
- Cash flow from operations before working capital changes increased 21% to $6.9 million
- Mine operating cash flow before taxes(1) decreased 20% to $9.6 million
- Revenue decreased 6% to $37.6 million
- Realized silver price decreased 16% to $14.42 per ounce (oz) sold
- Realized gold price decreased 8% to $1,189 per oz sold
- Cash costs(1) rose 9% to $8.86 per oz silver payable (net of gold credits)
- All-in sustaining costs(1) fell 8% to $16.14 per oz silver payable (net of gold credits)
- Working capital 13% lower at $57.4 million compared to $66.2 million at year end
- Raised $5.6 million through ATM financing
Operations
- Concentrate inventory at quarter-end included 43,920 oz silver and 603 oz gold
- Bullion inventory at quarter-end included 58,855 oz silver and 130 oz gold
- Gold oz sold down 5% to 13,025 oz
- Silver oz sold increased 20% to 1,532,097 oz
- Silver equivalent production was 2.4 million oz (at a 75:1 silver: gold ratio)
- Gold production decreased 5% to 12,968 oz
- Silver production increased 13% to 1,428,828 oz
- Completed updated Terronera Pre-Feasibility Study, modelling significantly improved project economics and lowest decile operating costs in the silver mining sector
- Demonstrated increased mineral reserves and resources across all categories at Terronera
- Reported positive results from an in-fill drill program at Terronera
- Reported positive results from an exploration drill program at El Compas
- Initiated Company-wide cost cutting initiatives to reduce capital expenditures and operating costs during current period of low metal prices
- Recommenced commissioning of the El Compas Mine after a temporary shutdown to improve the tailings management facility
(1) EBITDA, mine operating cash flow, cash costs and all-in sustaining costs are non-IFRS measures. Please refer to the definitions in the Company’s Management Discussion & Analysis.
Bradford Cooke, Endeavour CEO, commented, “Our financial performance in Q3, 2018 was impacted by lower metal prices and higher depreciation and depletion charges, primarily at Guanacevi where production lagged behind plan. However, El Cubo production continued its strong performance during the quarter and Bolanitos gold grades are now improving after a slight drop in Q3, 2018.
“We completed a large part of our 2018 exploration and development spending during the third quarter and in late August launched a company-wide initiative to reduce exploration, capital, operating and G&A costs. Looking ahead to Q4, 2018, management anticipates improved operating and financial performance due to higher throughput and grades at Guanaceví, stronger gold grades at Bolanitos and initial commercial production from El Compas. We should also begin to realize the full benefit of the short-term cost reduction program in Q4, 2018.”
Financial Results
Revenue in the Third Quarter, 2018 totaled $37.6 million (2017 - $39.8 million) on sales of 1,532,097 silver ounces and 13,025 gold ounces at realized prices of $14.42 and $1,189 per ounce respectively, compared to sales of 1,275,922 silver ounces and 13,759 gold ounces at realized prices of $17.20 and $1,299 per ounce respectively in Q3, 2017.
After cost of sales of $42.4 million (2017 - $32.5 million), mine operating earnings amounted to a loss of $4.8 million (2017 – earnings of $7.3 million) from mining and milling operations in Mexico. The 30% increase in cost of sales was primarily due to increased depreciation and depletion. Excluding depreciation and depletion of $13.1 million (2017 - $4.4 million), and an inventory write down of $1.3 million (2017 - $0.2 million), mine operating cash flow before taxes was $9.6 million (2017 – $11.9 million) in Q3, 2018.
Net loss amounts to $5.5 million (2017 – earnings of $1.0 million) after exploration, general and administrative expenses, foreign exchange and tax recovery.
Direct production costs per tonne in Q3, 2018 increased 2% compared with 2017. The higher production costs per tonne were driven mainly by lower Guanaceví mine output due to mine development falling behind schedule in 2017, the costs related to implement a productivity optimization program and higher labour and contractor costs.
Higher direct costs at Guanaceví and lower gold grades processed at Bolanitos resulted in higher consolidated cash costs, net of gold by-product credits (a non-IFRS measure), rising to $8.86 per ounce. Lower costs per ounce at El Cubo due to higher grades partially offset the higher cost per ounce at Guanacevi and Bolanitos. All-in sustaining costs (also a non-IFRS measure) compared to 2017 decreased to $16.14 per oz in Q3, 2018. This decrease in all‑in sustaining costs is attributable to the lower operating costs and the lower capital expenditures in 2018 compared to 2017, partially offset by higher general and administration charges at the corporate level.
For the nine months ended September 30, 2018, direct production costs were $84.00 per tonne compared to the guided range of $80-$85 per tonne. The lower than planned throughput at Guanacevi was partially offset by the cost performance of the El Cubo operation.
Consolidated cash costs, net of gold by-product credits, were guided to be $6.00-$7.00 per oz of silver in 2018 and consolidated cash costs expressed on a co-product basis were guided to be $10.00-$11.00 per oz silver and $750-$800 per oz gold. For the nine months ended September 30, 2018, cash costs, net of gold by-product credits, were $7.68 per oz and cash costs expressed on a co-product basis were $11.00 per oz silver and $877 per gold oz. The lower than planned production resulted in higher than guided costs per ounce. In Q4, 2018, cash costs are expected to be lower than the cash costs for the nine months ended September 30, 2018.
All-in sustaining costs (AISC), net of gold by-product credits, in accordance with the World Gold Council standard, were guided to be $15.00-$16.00 per oz of silver produced in 2018 reflecting new investments in sustaining exploration and development programs. For the nine months ended September 30, 2018 AISC, net of gold by-product credits, is $15.87 as the Company spent less on sustaining capital expenditures than guided. The lower capital expenditures were offset by higher operating costs on a per ounce basis. In Q4, 2018, AISC are expected to be lower than the AISC for the nine months ended September 30, 2018.
Management assumed a $17 per oz silver price, $1,275 per oz gold price, and 19:1 Mexican peso per US dollar exchange rate for its 2018 cost guidance.
For the nine months ended September 30, 2018, silver production totalled 4,135,563 oz and gold production totalled 39,850 oz, resulting in silver equivalent production of 7.1 million oz. Based on the Company’s performance, year to date, management estimates a 5% shortfall to the 2018 consolidated production guidance, due to the delayed commercial production at El Compas, lower gold grades at Bolañitos and lower mine output at Guanaceví. This anticipated production shortfall and lower gold credit will likely also impact the Company’s ability to meet its 2018 cost guidance.
The Condensed Consolidated Interim Financial Statements and Management’s Discussion & Analysis can be viewed on the Company’s website at www.edrsilver.com, on SEDAR at www.sedar.com and EDGAR at www.sec.gov. All amounts are reported in US$.
Conference Call
A conference call to discuss the results will be held today, Wednesday, October 31, 2018 at 10:00am PT (1:00pm ET). To participate in the conference call, please dial the numbers below. No pass-code is necessary.
Toll-free in Canada and the US: 1-800-319-4610
Local Vancouver: 604-638-5340
Outside of Canada and the US: + 604-638-5340A replay of the conference call will be available by dialing 1-800-319-6413 in Canada and the US (toll-free) or +604-638-9010 outside of Canada and the US. The required pass-code is 2625#. The audio replay and a written transcript will be available on the Company's website at www.edrsilver.com under the Investor Relations, Events section.
About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently commissioning its fourth mine at El Compas, advancing a possible fifth mine at the Terronera mine project and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer. Our philosophy of corporate social integrity creates value for all stakeholders.
SOURCE Endeavour Silver Corp.
Contact Information - For more information, please contact:
Galina Meleger, Director Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Fax: (604) 685-9744
Email: moc.revlisrde@regelemg
Website: www.edrsilver.comFollow Endeavour Silver on Facebook, Twitter, Instagram and LinkedIn
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward‑looking statements and information herein include but are not limited to statements regarding Endeavour’s anticipated performance in 2018 including changes in mining and operations and the timing and results of various activities. The Company does not intend to, and does not assume any obligation to, update such forward-looking statements or information, other than as required by applicable law.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Endeavour and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico; financial risks due to precious metals prices, operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining; the speculative nature of mineral exploration and development, risks in obtaining necessary licenses and permits, and challenges to the Company’s title to properties; as well as those factors described in the section “risk factors” contained in the Company’s most recent form 40F/Annual Information Form filed with the S.E.C. and Canadian securities regulatory authorities.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of the Company’s mining operations, no material adverse change in the market price of commodities, mining operations will operate and the mining products will be completed in accordance with management’s expectations and achieve their stated production outcomes, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.
ENDEAVOUR SILVER CORP.
COMPARATIVE HIGHLIGHTSThree Months Ended September 30 Nine Months Ended September 30 2018 2017 % Change 2018 2017 % Change Production 1,428,828 1,262,064 13% Silver ounces produced 4,135,563 3,482,826 19% 12,968 13,648 (5%) Gold ounces produced 39,850 38,430 4% 1,404,677 1,231,975 14% Payable silver ounces produced 4,058,377 3,402,884 19% 12,665 13,337 (5%) Payable gold ounces produced 39,005 37,552 4% 2,401,428 2,285,664 5% Silver equivalent ounces produced(1) 7,124,313 6,365,076 12% 8.86 8.11 9% Cash costs per silver ounce(2)(3) 7.68 8.10 (5%) 18.16 11.74 55% Total production costs per ounce(2)(4) 15.52 11.80 32% 16.14 17.53 (8%) All-in sustaining costs per ounce(2)(5) 15.87 18.71 (15%) 317,821 322,784 (2%) Processed tonnes 957,795 929,949 3% 86.33 84.81 2% Direct production costs per tonne(2)(6) 84.00 81.60 3% 10.98 11.94 (8%) Silver co-product cash costs(7) 11.00 12.01 (8%) 906 902 0% Gold co-product cash costs(7) 877 886 (1%) Financial 37.6 39.8 (6%) Revenue ($ millions) 116.7 108.9 7% 1,532,097 1,275,922 20% Silver ounces sold 4,196,857 3,500,337 20% 13,025 13,759 (5%) Gold ounces sold 39,499 37,343 6% 14.42 17.20 (16%) Realized silver price per ounce 15.88 17.40 (9%) 1,189 1,299 (8%) Realized gold price per ounce 1,266 1,284 (1%) (5.5) 1.0 (647%) Net earnings (loss) ($ millions) (8.8) 7.0 (225%) (4.8) 7.3 (165%) Mine operating earnings ($ millions) 3.1 20.6 (85%) 9.6 11.9 (20%) Mine operating cash flow(8) ($ millions) 38.3 32.7 17% 6.9 5.7 21% Operating cash flow before working capital changes (9) 22.1 18.9 17% 5.6 6.1 (8%) Earnings before ITDA (10)($ millions) 19.7 18.7 6% 57.4 70.3 (18%) Working capital ($ millions) 57.4 70.3 (18%) Shareholders (0.04) 0.01 (500%) Earnings (loss) per share – basic (0.07) 0.06 (217%) 0.05 0.04 20% Operating cash flow before working capital changes per share (9) 0.17 0.15 16% 128,805,441 127,456,410 1% Weighted average shares outstanding 127,959,526 127,291,688 1% 1) Silver equivalents are calculated using a 75:1 ratio. 2) Cost metrics, EBITDA, mine operating cash flow, operating cash flow before working capital changes are non-IFRS measures. Please refer to the definitions in the Company’s Management Discussion & Analysis. ENDEAVOUR SILVER CORP.
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS
(unaudited – prepared by management)
(expressed in thousands of U.S. dollars)Three months ended Nine months ended September 30, September 30, September 30, September 30, 2018 2017 2018 2017 Operating activities Net earnings (loss) for the year $ (5,452 ) $ 996 $ (8,778 ) $ 7,015 Items not affecting cash: Share-based compensation 701 673 1,894 2,241 Depreciation and depletion 13,200 4,540 30,976 12,055 Deferred income tax expense (recovery) (2,941 ) (535 ) (7,142 ) (2,554 ) Unrealized foreign exchange loss (gain) 84 (150 ) 432 (582 ) Finance costs 38 166 113 610 Write off of mineral properties - - - 233 Write down of inventory to net realizable value 1,262 - 4,544 - Unrealized loss (gain) on other investments 14 - 60 (72 ) Net changes in non-cash working capital (2,540 ) (1,092 ) (5,415 ) (8,957 ) Cash from operating activities 4,366 4,598 16,684 9,989 Investing activities Property, plant and equipment expenditures (10,020 ) (10,836 ) (32,757 ) (31,575 ) Proceeds from disposition of other investments - - - 72 Redemption of (investment in) non-current deposits - - 1 (6 ) Cash used in investing activities (10,020 ) (10,836 ) (32,756 ) (31,509 ) Financing activities Repayment of credit facility - (2,500 ) - (7,500 ) Restricted cash - - 1,000 - Interest paid - (101 ) - (405 ) Public equity offerings 3,529 - 5,600 - Exercise of options - - 256 74 Share issuance costs (507 ) - (591 ) - Cash from (used in) financing activities 3,022 (2,601 ) 6,265 (7,831 ) Effect of exchange rate change on cash and cash equivalents 179 150 134 582 Increase (decrease) in cash and cash equivalents (2,632 ) (8,839 ) (9,807 ) (29,351 ) Cash and cash equivalents, beginning of the period 31,057 52,237 38,277 72,317 Cash and cash equivalents, end of the period $ 28,604 $ 43,548 $ 28,604 $ 43,548 This statement should be read in conjunction with the condensed consolidated interim financial statements for the period ended September 30, 2018 and the related notes contained therein. ENDEAVOUR SILVER CORP.
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF COMPREHENSIVE INCOME
(unaudited – prepared by management)
(expressed in thousands of US dollars, except for shares and per share amounts)Three months ended Nine months ended September 30, September 30, September 30, September 30, 2018 2017 2018 2017 Revenue $ 37,581 $ 39,782 $ 116,676 $ 108,859 Cost of sales: Direct production costs 27,574 27,400 77,100 74,931 Royalties 421 457 1,296 1,237 Share-based payments - 63 (93 ) 155 Depreciation and depletion 13,104 4,394 30,718 11,778 Write down of inventory to net realizable value 1,262 166 4,544 166 42,361 32,480 113,565 88,267 Mine operating earnings (4,780 ) 7,302 3,111 20,592 Expenses: Exploration 3,965 3,432 10,418 10,533 General and administrative 1,316 1,605 6,845 5,991 5,281 5,037 17,263 16,524 Operating earnings (loss) (10,061 ) 2,265 (14,152 ) 4,068 Finance costs 62 166 160 610 Other income (expense): Foreign exchange 1,906 (561 ) 1,009 2,454 Investment and other 99 (170 ) 311 119 2,005 (731 ) 1,320 2,573 Earnings (loss) before income taxes (8,118 ) 1,368 (12,992 ) 6,031 Income tax expense (recovery): Current income tax expense 291 882 2,944 1,726 Deferred income tax expense (recovery) (2,957 ) (510 ) (7,158 ) (2,710 ) (2,666 ) 372 (4,214 ) (984 ) Net earnings (loss) for the period (5,452 ) 996 (8,778 ) 7,015 Other comprehensive income (loss), net of tax Realized (gain) loss on other investments - - - (72 ) Unrealized gain (loss) on other investments - (35 ) - 145 Total other comprehensive income (loss) for the period - (35 ) - 73 Comprehensive income (loss) for the period $ (5,452 ) $ 961 $ (8,778 ) $ 7,088 Basic earnings (loss) per share based on net earnings $ (0.04 ) $ 0.01 $ (0.07 ) $ 0.06 Diluted earnings (loss) per share based on net earnings $ (0.04 ) $ 0.01 $ (0.07 ) $ 0.05 Basic weighted average number of shares outstanding 128,805,441 127,456,410 127,959,526 127,291,688 Diluted weighted average number of shares outstanding 128,805,441 127,851,198 127,959,526 127,823,260 This statement should be read in conjunction with the condensed consolidated interim financial statements for the period ended September 30, 2018 and the related notes contained therein. ENDEAVOUR SILVER CORP.
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION
(unaudited – prepared by management)
(expressed in thousands of US dollars)September 30, December 31, 2018 2017 ASSETS Current assets Cash and cash equivalents $ 28,604 $ 38,277 Restricted cash - 1,000 Other investments 108 168 Accounts receivable 36,174 34,012 Inventories 12,230 13,131 Prepaid expenses 1,870 1,911 Total current assets 78,986 88,499 Non-current deposits 609 610 Deferred income tax asset 7,269 655 Mineral properties, plant and equipment 89,505 88,816 Total assets $ 176,369 $ 178,580 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable and accrued liabilities $ 18,927 $ 19,068 Income taxes payable 2,639 3,185 Total current liabilities 21,566 22,253 Deferred lease inducement 224 236 Provision for reclamation and rehabilitation 8,095 7,982 Deferred income tax liability 1,156 1,592 Total liabilities 31,041 32,063 Shareholders' equity Common shares, unlimited shares authorized, no par value, issued and outstanding 129,640,409 shares (Dec 31, 2017 - 127,488,410 shares) 456,528 450,740 Contributed surplus 9,144 8,747 Accumulated comprehensive income (loss) - 127 Retained earnings (deficit) (320,344 ) (313,097 ) Total shareholders' equity 145,328 146,517 Total liabilities and shareholders' equity $ 176,369 $ 178,580 This statement should be read in conjunction with the condensed consolidated interim financial statements for the period ended September 30, 2018 and the related notes contained therein. - Home
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