Overview
Canada silver producer's 2025 revenue missed analyst expectations, but adjusted EPS beat estimates
Silver equivalent production rose 48% yr/yr, driven by Terronera and Kolpa
Company completed sale of Bolañitos mine and declared commercial production at Terronera
Outlook
Endeavour Silver to advance Pitarrilla project with focus on exploration and evaluations
Company completed $350 mln convertible notes offering to fund Pitarrilla and repay debt
Endeavour Silver monitoring security concerns in Mexico affecting Terronera operations
Result Drivers
TERRONERA AND KOLPA - Newly commissioned Terronera mine and acquired Kolpa mine drove a 48% increase in silver equivalent production
HIGHER METAL PRICES - Revenue growth supported by higher realized metal prices for silver and gold
INCREASED COSTS - Higher costs at Terronera due to ramp-up expenses and Mexican peso appreciation
Company press release: ID:nGNX2By9kG
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Miss
$432.80 mln
$478.25 mln (6 Analysts)
FY Adjusted EPS
Beat
-$0.02
-$0.10 (5 Analysts)
FY Adjusted Net Income
-$6.70 mln
FY Net Income
-$119.10 mln
FY EBITDA
-$17.70 mln
FY Pretax Profit
-$104.90 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy"
Wall Street's median 12-month price target for Endeavour Silver Corp is C$20.05, about 4.6% above its February 26 closing price of C$19.17
The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 15 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)