12:17 PM EDT, 03/11/2025 (MT Newswires) -- (Updates shares.)
Endeavour Silver ( EXK ) was last seen up 18% as the company beat analysts' adjusted earnings expectations for the fourth quarter.
The company booked adjusted earnings, excluding most one-time items, of US$4.8 million, or US$0.02 per share, beating the analyst consensus loss per share forecast of US$0.01 compiled by FactSet, and rising from US$3.3 million, or US$0.02 per share, posted a year ago.
Revenue fell 16% to US$42.2 million, below the analyst sales forecast of US$47.5 million compiled by FactSet.
Silver equivalent production sank 29% to 1.55 million ounces.
"The company achieved strong financial results in 2024, maintaining a solid balance sheet," chief executive Dan Dickson said. "With the Terronera project nearing completion and Pitarrilla progressing toward an economic assessment, we are well-positioned for sustained growth and value creation."
Endeavour Silver ( EXK ) shares were last seen up $0.96 to $6.19 on the Toronto Stock Exchange.
Price: 6.20, Change: +0.97, Percent Change: +18.55