Mexico Silver Miner Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) Gains On Financial Results

March 11, 2025 (Investorideas.com Newswire) Investorideas.com, a top 100 rated investment site for retail investors following mining stocks issues a trading and news alert for Endeavour Silver Corp. (NYSE: EXK; TSX: EDR), Endeavour has a portfolio of exploration projects in Mexico, Chile and the United States to facilitate its goal to become a premier senior silver producer.

The stock makes the TSX top gainer list, currently trading at $6.32, up 41.09, gaining 20.84% on volume of over 1.2 million shares as of this report. Endeavour is trading at $4.3500.,uip 0.7100, gaining 19.5554% on the NYSE on volume of over 11.4 Million shares.

Endeavour Silver announced its financial and operating results for the three months and the year ended December 31, 2024. All dollar amounts are in US dollars (US$).

"The Company achieved strong financial results in 2024, maintaining a solid balance sheet," said CEO Dan Dickson. "Higher realized prices fueled robust revenue, with mine operating cash flow reaching $72.3 million. With the Terronera project nearing completion and Pitarrilla progressing toward an economic assessment, we are well-positioned for sustained growth and value creation".

2024 Highlights

Production at the Higher end of the Updated 2024 Guidance: Production hit the higher end of the revised guidance of 7.3 to 7.6 million AgEq oz produced, which had been decreased after a trunnion failure of the primary ball mill at the Guanacevi mine (see news release from December 17, 2024 here) affected mill throughput from August to December. Production resumed to full capacity in December with an annual total of 4,471,824 silver ounces ("oz") and 39,047 gold oz, for silver equivalent ("AgEq") production of 7.6 million oz during 2024.

Strong Revenue from Higher Realized Prices: Revenue of $217.6 million, from the sale of 4,645,574 oz of silver and 38,522 oz of gold at average realized prices of $27.39 per oz silver and $2,397 per oz gold.

Mine Operating Cash Flow: $72.3 million in mine operating cash flow before taxes(2), compared to $64.4 million in 2023 and operating cash flow before working capital changes of $27.2 million compared to $37.0 million in 2023.

Net Earnings and Adjusted Earnings: Recognized net loss of $31.5 million compared to net earnings of $6.1 million and an adjusted net earnings(2) of $8.0 million or earnings(2) of $0.03 per share after excluding loss on derivative contracts, mark to market of deferred share units, gain on asset disposal, unrealized foreign exchange and investments losses. This compares to $1.7 million of adjusted net earnings or $0.01 earnings per share in 2023. Adjusted EBITDA(2) of $52.7 million compared to $47.1 million for 2023.

Strong Liquidity: Cash position of $106.4 million and working capital(2) of $78.8 million.

Terronera Nearing Completion: Overall project progress reached 89.4% completion with $302 million of the project's budget spent as of December 31, 2024. Wet commissioning is expected in early Q2 2025 (see news release dated February 7, 2025 here).

Advancement of the Pitarrilla Project: Advanced exploration and evaluation efforts at Pitarrilla with recent underground development and drilling. Technical studies commenced in Q4 2024 to support an economic assessment by Q1 2026

Full news

https://ca.finance.yahoo.com/news/endeavour-silver-announces-q4-2024-105000418.html

Research mining stocks at Investorideas.com free stock directory

https://www.investorideas.com/Gold_Stocks/Stocks_List.asp

Sign up for free trading and stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

Disclaimer/Disclosure. https://www.investorideas.com/About/Disclaimer.asp

 Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Mining stocks -Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

Advertising agencies -Learn more about digital advertising and guest posts at Investorideas https://www.investorideas.com/Advertise/

Follow us on X @investorideas @stocknewsbites

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Contact Investorideas.com

800 665 0411