Canada's Endeavour Silver Q2 revenue jumps 149% on higher output, prices

Endeavour Silver

29/07/2026 22:17

Overview
Canada silver miner's Q2 revenue rose 149% yr/yr on higher production and metal prices
Adjusted EPS for Q2 turned positive from a loss a year earlier
Company cites higher production, record ounces sold, and higher realized prices as key drivers

Outlook
Company says Terronera mine complex ramp-up to continue through Q3 2026
Endeavour says it is advancing growth initiatives in second half of yr

Result Drivers
HIGHER PRODUCTION & THROUGHPUT - Co said increased production, including a 36% rise in throughput at Kolpa and the addition of Terronera, contributed to higher silver and gold output
HIGHER REALIZED METAL PRICES - Co said realized silver and gold prices more than doubled from a year ago, boosting revenue
COST INCREASES - Co said cash costs and all-in sustaining costs per silver ounce rose due to higher royalties, third-party material costs, and sustaining capital expenditures, especially at Terronera

Company press release: ID:nGNXWTLpk

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$212.10 mln
$215.43 mln (2 Analysts)
Q2 Adjusted EPS
Miss
$0.15
$0.18 (2 Analysts)
Q2 Adjusted Net Income
 
$44.80 mln
 
Q2 Net Income
 
$66.50 mln
 
Q2 EBITDA
 
$110.90 mln
 
Q2 Pretax Profit
 
$79.50 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "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$21.50, about 96.5% above its July 28 closing price of C$10.94
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
July 29 - Canada's Aris Mining Q2 gold revenue rose; co invests in capital projects at Marmato and Segovia
July 29 - Canada's Ivanhoe Mines Q2 profit rises on higher zinc and sulphuric acid prices
July 29 - Canada's Hudbay Q2 adjusted EPS misses on shipment delays

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(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.)