24/7 Market News Snapshot 11 March, 2025 – Endeavour Silver Corp. (NYSE:EXK)

March 11, 2025

DENVER, Colo., 11 March, 2025 (247marketnews.com) – (NYSE:EXK) are discussed in this article.
Endeavour Silver Corp. (EXK) is experiencing significant market momentum, recently reporting a sharp increase in its stock price, which surged over 20% to $4.375 after opening at $3.80. This bullish trend follows the company’s strong operational and financial performance for the year ended December 31, 2024. With a solid trading volume of 12.69 million shares, investor interest has markedly intensified.

The company’s production levels reached 7.6 million silver equivalent ounces, aligning with the upper range of revised guidance, despite challenges such as a trunnion failure at the Guanacevi mine, which was swiftly resolved. Endeavour’s revenues for 2024 amounted to $217.6 million, propelled by higher realized prices, with silver averaging $27.39 per ounce and gold at $2,397 per ounce. This contributed to a mine operating cash flow of $72.3 million, reflecting a 12% increase from the previous year.

Although the company reported a net loss of $31.5 million primarily due to fluctuations in derivative contracts and asset write-offs, adjusted net earnings rose to $8 million, up from $1.7 million in 2023. With a strong cash position of $106.4 million and working capital of $78.8 million, Endeavour is well-equipped for future growth.

Key initiatives include the nearing completion of the Terronera project, currently at 89.4%, with wet commissioning expected in early Q2 2025, and ongoing developments at the Pitarrilla project, poised for an economic assessment by Q1 2026. Committed to enhancing shareholder value, Endeavour Silver remains strategically positioned within the precious metals sector, looking forward to a promising 2025 and beyond.

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