Endeavour Silver Rises as 1Q Profit Lifted by Higher Gold, Silver Output, Revenue Growth

Dow Jones05-07
 

By Adriano Marchese

 

Endeavour Silver shares surged Thursday after the company reported strong first-quarter revenue growth on the back of higher production and precious metal prices.

Shares traded 21% higher at 15.33 Canadian dollars ($11.24).

The Vancouver, British Columbia-based miner late on Wednesday reported consolidated production of 1.88 million ounces silver and 11,740 ounces of gold. On a silver-equivalent basis, total production was of 3.3 million ounces, 78% higher than the same period in 2025.

The higher production supported a more than tripled rise in revenue, which came to $209.7 million, up from $63.5 million a year earlier.

The company's realized silver price was $85.95 an ounce, compared with $31.99 an ounce a year ago, while gold realized price per ounce was 73% higher at $5,035 an ounce.

Together, the higher output and realized prices of the precious metals supported a profit of $64.9 million, compared with a loss of $32.9 million a year earlier.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

May 07, 2026 10:45 ET (14:45 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment