Guanaceví

Endeavour Silver Announces Q1 2024 Financial Results; Earnings Call at 10AM PDT (1PM EDT) Today

Retrieved on: 
Thursday, May 9, 2024
Sale, AISC, Silver, Depreciation, ERP, MD, Ventilation, Guanaceví, AG, Gold, Tax, Income tax, EDGAR, Bank statement, Accounting

Gross sales of $64.2 million in Q1 2024 represented a 14% increase over the $56.1 million in Q1 2023.

Key Points: 
  • Gross sales of $64.2 million in Q1 2024 represented a 14% increase over the $56.1 million in Q1 2023.
  • After cost of sales of $52.1 million (Q1 2023 - $39.5 million), an increase of 32%, mine operating earnings were $11.7 million (Q1 2023 - $16.0 million).
  • The Company had operating earnings of $3.3 million (Q1 2023: $6.9 million) after exploration and evaluation costs of $4.3 million (Q1 2023: $4.2 million) and general and administrative costs of $4.0 million (Q1 2023: $4.9 million).
  • Earnings before income taxes were $4.2 million (Q1 2023: $12.5 million) after finance costs of $0.3 million (Q1 2023: $0.4 million), a foreign exchange gain of $1.2 million (Q1 2023: $1.9 million), and investment and other income of $0.0 million (Q1 2023: $4.0 million).

Endeavour Silver Delivers Strong Production in Q1 2024

Retrieved on: 
Tuesday, April 9, 2024
Silver, Gold, Inventory, EDR, Ventilation, TSX, Guanaceví, Mining

VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report first quarter 2024 production of 1,460,006 silver ounces (oz) and 10,133 gold oz, for silver equivalent (1) (“AgEq”) production of 2.3 million oz.

Key Points: 
  • VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report first quarter 2024 production of 1,460,006 silver ounces (oz) and 10,133 gold oz, for silver equivalent (1) (“AgEq”) production of 2.3 million oz.
  • Consolidated silver production decreased by 10% to 1,460,006 ounces in Q1 2024 compared to Q1 2023, driven by 7% lower silver production at the Guanaceví mine and 32% lower silver production at the Bolañitos mine.
  • Gold production increased by 8% to 10,133 ounces in Q1 2024 compared to Q1 2023 due to 17% higher gold production at the Bolañitos mine, offset by 2% lower gold production at the Guanaceví mine.
  • Bolañitos Q1 2024 throughput was 2% lower than Q1 2023 with 31% lower silver grades offset by 14% higher gold grades.

Endeavour Silver Reports 2023 Financial Results: Earnings Conference Call at 9am PST (12pm EST) Time

Retrieved on: 
Monday, March 11, 2024
Accounting, MD, Mining, EDGAR, Sale, Income tax, Mexican peso, Gold, Tax, Public expenditure, Silver, Guanaceví, Bank statement, Cryptocurrency

For the year ended December 31, 2023, revenue, net of $2.4 million of smelting and refining costs, decreased by 2% to $205.5 million (2022: $210.2 million).

Key Points: 
  • For the year ended December 31, 2023, revenue, net of $2.4 million of smelting and refining costs, decreased by 2% to $205.5 million (2022: $210.2 million).
  • After cost of sales of $168.9 million (2022: $158.6 million), an increase of 6%, mine operating earnings were $36.6 million (2022: $51.5 million).
  • The Company realized net earnings for 2023 of $6.1 million (2022: $6.2 million) after a tax expense of $12.1 million (2022: $18.7 million).
  • All shareholders can receive a hard copy of the Company’s complete audited financial statements free of charge upon request.

Endeavour Silver Announces Q3 Financial Results; Earnings Conference Call at 10am PST (1pm EST) Today

Retrieved on: 
Tuesday, November 7, 2023
Average cost, Sale, Gold, Tax, Silver, EDGAR, EST, SEDAR, MD, Maintenance, Bank statement, PST, Income tax, Guanaceví, Accounting, Palladium, Audit, Cryptocurrency, Mining, Q3

Silver oz sold increased by 3%, primarily due to the timing of silver sales with less silver withheld during the current quarter offsetting the decrease in silver production.

Key Points: 
  • Silver oz sold increased by 3%, primarily due to the timing of silver sales with less silver withheld during the current quarter offsetting the decrease in silver production.
  • Compared to Q3, 2022, there was a 25% increase in the realized silver price resulting in a 29% increase in silver sales.
  • After cost of sales of $46.7 (Q3 2022: $34.5 million), an increase of 35%, mine operating earnings were $2.8 million (Q3 2022: $5.1 million).
  • A conference call to discuss the Company’s Q3 2023 financial results will be held today at 10:00 a.m. PST / 1:00 p.m. EST.

Endeavour Silver Continues to Intersect High-Grade Mineralization at the Guanacevi Mine including 3.43 g/t Gold and 1,265 g/t Silver for 1,540 g/t Silver Equivalents over 2.2 metres

Retrieved on: 
Wednesday, October 18, 2023
Gold, Mining, NYSE, EDR, Abbreviation, Growth, HW, Silver, Guanaceví, Table, TSX, ETW, AG, Uranium mining, Department store, Alondra

Drilling continues along the prolific Santa Cruz vein in two areas (view Santa Cruz vein longitudinal section ), with the objective to convert, expand, and discover new resources.

Key Points: 
  • Drilling continues along the prolific Santa Cruz vein in two areas (view Santa Cruz vein longitudinal section ), with the objective to convert, expand, and discover new resources.
  • The exploration and exploitation rights to the El Curso and Alondra properties were obtained in 2019 and 2021, respectively from Ocampo Mining S.A. de CV.
  • “These encouraging drill results expand our knowledge as we continue to push the boundaries of the mineralized horizons along the Santa Cruz vein.
  • Near Porvenir Dos, on the Alondra concessions, 19 new holes have been completed totalling 5,854 metres.

Endeavour Silver Reports Q3 2023 Production Results; In-Line with Annual Guidance

Retrieved on: 
Wednesday, October 11, 2023
Société Générale, NYSE, TSX, ING Group, Sustainability, EDR, Silver, Gold, Inventory, Maintenance, News, Ventilation, Sale, Guanaceví, Printed circuit board, Uranium mining, Palladium, Cryptocurrency, Q3, Q2, Q4

VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) reports third quarter 2023 production of 1,148,735 silver ounces (oz) and 9,089 gold oz, for silver equivalent1 (“AgEq”) production of 1.9 million oz.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) reports third quarter 2023 production of 1,148,735 silver ounces (oz) and 9,089 gold oz, for silver equivalent1 (“AgEq”) production of 1.9 million oz.
  • Production continues to track in-line with the 2023 production guidance of 8.6-9.5 million silver equivalent ounces, totaling 6.5 million AgEq oz for the nine months ended September 30, 2023.
  • Bolañitos’ Performance Remained Steady: Strong gold production, higher gold grades and increased throughput were offset by the impact of lower silver production and silver grades.
  • Consolidated silver production decreased 21% to 1,148,735 ounces in Q3, 2023 compared to Q3, 2022, primarily driven by decreased silver production at the Guanacevi mine due to a reduction in silver grade partially offset by higher milling rates.

Endeavour Silver Reports Q2 2023 Production Results; In-Line with Annual Guidance

Retrieved on: 
Tuesday, July 11, 2023
Inventory, Senior, Sustainability reporting, Silver, Mead, NYSE, EDR, Gold, Société Générale, Guanaceví, Mining, ING Group, TSX, News, Printed circuit board, Uranium mining, Silver mining, Construction, Palladium, Tutoring, Q3, Q1

VANCOUVER, British Columbia, July 11, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report second quarter 2023 production of 1,494,000 silver ounces (oz) and 9,819 gold oz, for silver equivalent1 (“AgEq”) production of 2.3 million oz.

Key Points: 
  • VANCOUVER, British Columbia, July 11, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report second quarter 2023 production of 1,494,000 silver ounces (oz) and 9,819 gold oz, for silver equivalent1 (“AgEq”) production of 2.3 million oz.
  • Production continues in-line with the 2023 production guidance of 8.6-9.5 million silver equivalent ounces, totaling 4.7 million AgEq oz for the six months ended June 30, 2023.
  • Bolañitos’ Performance Remained Steady: Strong gold production, higher gold grades and increased throughput were offset by the impact of lower silver production and silver grades.
  • Consolidated silver production increased 10% to 1,494,000 ounces in Q2, 2023 compared to Q2, 2022, primarily driven by increased silver production at the Guanacevi mine due to higher throughput and recoveries offset by a reduction in silver grade.

Endeavour Silver Announces Q1 2023 Financial Results; Earnings Call at 10AM PDT (1PM EDT) Today

Retrieved on: 
Wednesday, May 10, 2023
Bank statement, Silver, Tax, Income tax, PT, ERP, EDGAR, Sale, Accounting, Mead, Gold, MD, Guanaceví, SEDAR, AISC, Palladium, Audit, Cryptocurrency, Drug

Gross sales of $56.1 million in Q1 2023 represented a 4% decrease over the $58.4 million in Q1 2022.

Key Points: 
  • Gross sales of $56.1 million in Q1 2023 represented a 4% decrease over the $58.4 million in Q1 2022.
  • After cost of sales of $39.54 million (Q1 2022 - $37.4 million), an increase of 6%, mine operating earnings were $16.0 million (Q1 2022 - $20.3 million).
  • The Company had operating earnings of $6.9 million (Q1 2022: $12.6 million) after exploration and evaluation costs of $4.2 million (Q1 2022: $3.2 million) and general and administrative costs of $4.9 million (Q1 2022: $4.3 million.
  • Earnings before income taxes were $12.5 million (Q1 2022: $18.9 million) after finance costs of $0.4 million (Q1 2022: $0.3 million), a foreign exchange gain of $1.9 million (Q1 2022: $0.8 million), and investment and other income of $4.0 million (Q1 2022: $5.8 million).

Endeavour Silver Delivers Strong Production in Q1 2023

Retrieved on: 
Monday, April 10, 2023
Inventory, Maintenance, Donald Duck filmography, Culture, Silver, TCFD, Task Force on Climate Related Financial Disclosures, EDR, Task force, Gold, Climate change, Guanaceví, Mining, TSX, Three Months, NYSE, News, Printed circuit board, Uranium mining, Palladium

VANCOUVER, British Columbia, April 10, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report first quarter 2023 production of 1,623,545 silver ounces (oz) and 9,342 gold oz, for silver equivalent1 (“AgEq”) production of 2.4 million oz.

Key Points: 
  • VANCOUVER, British Columbia, April 10, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report first quarter 2023 production of 1,623,545 silver ounces (oz) and 9,342 gold oz, for silver equivalent1 (“AgEq”) production of 2.4 million oz.
  • First quarter silver equivalent production increased by 18% compared to the same period last year, as Guanacevi’s elevated silver grades continue to drive increased silver production,” stated Dan Dickson, Chief Executive Officer.
  • Bolañitos’ Performance Remains Steady: Strong silver production, resulting from silver grades comporable to Q1 2022 along with increased throughput, were offset by the impact of slightly lower gold production and lower gold grades.
  • Consolidated silver production increased by 23% to 1,623,545 ounces in Q1 2023 compared to Q1 2022, driven by a 27% increase in silver production at the Guanacevi mine and a 1% increase in silver production at the Bolañitos mine.

Endeavour Silver Reports Solid 2022 Financial Results: Earnings Conference Call at 9am PST (12pm EST) Time

Retrieved on: 
Thursday, March 2, 2023
Silver, EBITDA, Classification, Gold, Maintenance, Public expenditure, MD, Sale, Tax, EDGAR, PT, Mining, SEDAR, Bank statement, Income tax, Guanaceví, Audit, Cryptocurrency, Video game, El Cubo de Cuba

Gross sales of $213.2 million in 2022 represented a 27% increase over the $167.3 million in 2021.

Key Points: 
  • Gross sales of $213.2 million in 2022 represented a 27% increase over the $167.3 million in 2021.
  • Silver oz sold increased by 68% with a 12% decrease in the realized silver price, resulting in a 47% increase in silver sales.
  • After cost of sales of $158.6 million (2021 - $128.9 million), an increase of 23%, mine operating earnings were $51.5 million (2021- $36.4 million).
  • The Company realized net earnings for the period of $6.2 million (2021: $14.0 million) after an income tax expense of $18.8 million (2021: $15.7 million).