Business
Endeavour Silver Announces Q1 2025 Financial Results; Earnings Call at 10AM PDT (1PM EDT) Today
VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“...
About this update from Endeavour Silver Corp.
[{"type":"text","content":"Endeavour Silver Announces Q1 2025 Financial Results; Earnings Call at 10AM PDT (1PM EDT) Today\n\n\n\n\n VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp.\n \n\n (“Endeavour” or the “Company”)\n \n\n (NYSE: EXK; TSX: EDR)\n \n announces its financial and operating results for the three months ended March 31, 2025. All dollar amounts are in US dollars ($).\n \n\n “We’re pleased to report another strong quarter, with production tracking well against plan,” said Dan Dickson, Chief Executive Officer. “Our revenue performance was bolstered by higher realized prices, highlighting the strength of our portfolio. We continue to generate solid mine operating cash flow, underpinned by disciplined cost control and a relentless focus on operational excellence. With robust liquidity, the addition of the Kolpa project, and Terronera coming online soon, we are well positioned to drive sustainable growth and deliver long-term value for our shareholders.”\n \n\n\n\n Q1 2025 Highlights\n \n\n\n\n\n\n Steady Production in Line with Plan:\n \n 1,205,793 ounces (“oz”) of silver and 8,338 oz of gold for 1.9 million oz silver equivalent (“AgEq”)\n \n (\n \n\n 1)\n \n .\n \n\n\n Strong Revenue From Higher Realized Prices\n \n : $63.5 million from the sale of 1,223,684 oz of silver and 8,538 oz of gold at average realized prices of $31.99 per oz silver and $2,903 per oz gold.\n \n\n\n Mine Operating Cash Flow\n \n : $8.3 million in operating cash flow before working capital changes\n \n (\n \n\n 2)\n \n , a decrease of 18% from Q1 2024.\n \n\n\n Operating Costs:\n \n Cash costs\n \n (\n \n\n 2)\n \n of $15.89 per oz payable silver and all-in sustaining costs\n \n (\n \n\n 2)\n \n of $24.48 per oz, net of gold credits. Cash costs\n \n (\n \n\n 2)\n \n and all-in sustaining costs were slightly below guidance primarily due to a higher gold by-product credit.\n \n\n\n Strong Liquidity:\n \n Cash position of $64.7 million and working capital\n \n (\n \n\n 2)\n \n of $14.8 million. Cash decreased from December 31, 2024, as the Company continued investing in development activities at the Terronera project (the “Terronera Project”).\n \n\n\n Completed Acquisition of Minera Kolpa:\n \n Subsequent to the quarter end, the Comp...