Overview
* Endeavour Silver ( EXK ) Q2 revenue rises 46%, beating analyst expectations, per LSEG data
* Adjusted EPS for Q2 misses consensus, impacted by Terronera losses
* Company completed Minera Kolpa acquisition, boosting production capacity
Outlook
* Company expects Terronera to achieve commercial production soon
* Endeavour Silver ( EXK ) focuses on operational efficiency and capital management
* Company highlights growth potential from Minera Kolpa acquisition
* Endeavour Silver ( EXK ) sees expanded resource base enhancing future opportunities
Result Drivers
* MINERA KOLPA INTEGRATION - Increased silver equivalent production by 13% due to Minera Kolpa acquisition
* HIGHER REALIZED PRICES - Revenue boosted by higher sales volumes and favorable market prices for silver and gold
* TERRONERA IMPACT - Operating losses from Terronera project during commissioning phase affected results
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $85.30 $84.40
Revenue mln mln (2
Analysts
)
Q2 Miss -$0.03 $0.01 (5
Adjusted Analysts
EPS )
Q2 -$9.20
Adjusted mln
Net
Income
Q2 Net -$20.50
Income mln
Q2 $1.40
EBITDA mln
Q2 -$14.60
Pretax mln
Profit
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy"
* Wall Street's median 12-month price target for Endeavour Silver Corp ( EXK ) is C$9.08, about 12.8% above its August 12 closing price of C$7.92
* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 11 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)