Canada's Endeavour Silver Q1 revenue jumps 230% but misses estimates

Endeavour Silver

06/05/2026 22:19

Overview

Canada silver miner's Q1 revenue rose 230% yr/yr on record production and higher metal prices

Adjusted EPS for Q1 was $0.21, with only one analyst estimate available

Company completed sale of Bolañitos mine in January, recording a $35.6 mln gain

Outlook

Company expects Kolpa plant throughput to be in line with guidance for remainder of 2026

Endeavour says Terronera is operating near design criteria

Company says it is well positioned to achieve production goals for the rest of the year

Result Drivers

HIGHER PRODUCTION & PRICES - Record silver and gold production and higher realized prices drove revenue growth

KOLPA EXPANSION & TERRONERA RAMP-UP - Completion of Kolpa plant expansion and Terronera operating near design criteria increased production capacity

COST INCREASES - Higher operating costs per tonne and per ounce driven by new mine additions, higher royalties and mining duties due to increased metal prices

Company press release: ID:nGNXbyJ2xv

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$209.70 mln
$222.73 mln (2 Analysts)
Q1 Adjusted EPS
Beat
$0.21
$0.13 (1 Analyst)
Q1 Adjusted Net Income
$59.20 mln
Q1 Net Income
$64.90 mln
Q1 EBITDA
$112.60 mln
Q1 Pretax Profit
$85.90 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$21.32, about 82.7% above its May 5 closing price of C$11.67

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 26 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.)