Endeavour Silver (NYSE:EXK) Issues Earnings Results

Endeavour Silver (NYSE:EXK) (TSE:EDR) issued its quarterly earnings data on Friday. The mining company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01), Zacks reports. Endeavour Silver had a negative return on equity of 1.34% and a negative net margin of 31.18%.The firm had revenue of $172.60 million during the quarter, compared to analyst estimates of $227.99 million.

Here are the key takeaways from Endeavour Silver’s conference call:

• Transformational 2025 and stronger balance sheet: the company completed the Kolpa acquisition, brought Terronera to commercial production, closed the Bolanitos sale, raised $350 million via convertible debt and finished 2025 with $215 million cash while reporting record revenue of $468 million and 11 million ounces silver‑equivalent production.
• Terronera faced operational challenges (electrical interruptions during diesel‑gens operation and a temporary shutdown tied to a local Code Red security mandate) that drove elevated Q4 operating costs, higher direct costs per ton and raised All‑in sustaining costs.
• Management expects meaningful cost and stability improvements at Terronera in 2026 as it transitions from diesel to an on‑site LNG plant in Q2, demobilizes construction crews, optimizes workforce/logistics and ramps into higher‑grade zones in H2.
• Derivative and financing impacts remain a drag: roughly 50,000 ounces of gold hedges locked at $2,325 (from the project loan) unwind through 2026–2027, producing realized/mark‑to‑market losses that depressed adjusted net earnings in Q4.
• Pitarrilla is being advanced as a major growth engine with a planned $68 million 2026 program (feasibility NI 43‑101 targeted for Q3 2026, early works and long‑lead equipment procurement) positioning a construction decision in early 2027.

Endeavour Silver Price Performance

NYSE:EXK opened at $13.90 on Friday. The stock has a 50 day moving average price of $11.53 and a 200 day moving average price of $8.94. The stock has a market cap of $4.11 billion, a PE ratio of -40.89 and a beta of 1.23. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.57 and a current ratio of 0.79. Endeavour Silver has a one year low of $2.95 and a one year high of $15.15.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on EXK shares. National Bank Financial raised Endeavour Silver to a “strong-buy” rating in a report on Tuesday, December 9th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Endeavour Silver in a research note on Monday, January 19th. Zacks Research upgraded Endeavour Silver from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. B. Riley Financial lifted their price target on shares of Endeavour Silver from $11.00 to $14.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Finally, iA Financial set a $11.00 price objective on shares of Endeavour Silver in a research report on Friday, January 9th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Endeavour Silver currently has an average rating of “Buy” and a consensus price target of $13.88.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Endeavour Silver by 1,631.7% during the 3rd quarter. Vanguard Group Inc. now owns 4,305,383 shares of the mining company’s stock valued at $33,720,000 after acquiring an additional 4,056,768 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Endeavour Silver by 38.1% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,902,392 shares of the mining company’s stock worth $85,474,000 after purchasing an additional 3,005,563 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Endeavour Silver in the 3rd quarter worth approximately $20,225,000. Condire Management LP boosted its position in shares of Endeavour Silver by 200.0% during the 3rd quarter. Condire Management LP now owns 3,000,000 shares of the mining company’s stock worth $23,520,000 after purchasing an additional 2,000,000 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in Endeavour Silver by 547.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,129,419 shares of the mining company’s stock valued at $16,695,000 after purchasing an additional 1,800,772 shares during the last quarter. Hedge funds and other institutional investors own 20.06% of the company’s stock.

Endeavour Silver Company Profile

Endeavour Silver Corp. is a Vancouver-based precious metals mining company focused on the acquisition, development and operation of silver and gold properties in Mexico. Publicly listed on the New York Stock Exchange under the ticker EXK, the company has positioned itself as a mid-tier producer with a portfolio of high-grade, operating mines and exploration assets in key mineral belts.

Endeavour Silver’s core business activities revolve around four principal underground mines located in the states of Durango, Zacatecas, Guanajuato and Jalisco.