Endeavour Silver Corporation (EXK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

For standing by, this is the conference operator. Welcome to the Endeavor Silver Second Quarter 2025 Financial Results Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then 1 on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing star, then zero. I would now like to turn the conference over to Allison Pettit, Vice President, Investor Relations. Please go ahead. Thank you, Operator, and good morning, everyone. Before we get started, I ask that you view our MD&A for cautionary language regarding forward-looking statements and the risk factors pertaining to these statements. Our MD&A and financial statements are available on our website at edrsilver.com. On today's call, we have Endeavor Silver's CEO, Dan Dixon, our CFO, Elizabeth Dennis, and Endeavor's COO, Don Gray. Following Dan's formal remarks, we will open the call for questions. And now, over to Dan. Thank you, Allison, and welcome, everyone. Q2 marks an eventful quarter for Endeavor Silver. The commissioning of Terranera, the acquisition of Colta, and its ongoing integration. This is transforming our company. As we move forward, our focus remains firmly on achieving commercial production at Terranera. In Q2, Endeavor produced 1.5 million ounces of silver and 7,800 ounces of gold, totaling approximately 2.5 million silver equivalent ounces, including some of our base metals now. This represents a 13% increase compared to Q2 of 2024 with the inclusion of our new mine in Peru, Colpa. We reported revenue of $85 million, an increase of 46% compared to prior year, benefiting fr...