11:29 AM EST, 11/07/2025 (MT Newswires) -- Endeavour Silver ( EXK ) traded 3.4% lower at last look Friday on the Toronto Stock Exchange as the company swung to an adjusted net loss in the third quarter.

The miner reported an adjusted net loss of US$2.1 million, or a loss of $0.01 per share, in the three months ended Sept. 30, reversing the adjusted net earnings of $1.6 million, or $0.01 per share, posted a year ago.

Analysts polled by FactSet expected Endeavour to post non-GAAP earnings of $0.03 per share.

While revenue more than doubled to $111.4 million from $53.4 million, the company flagged a $39 million loss on derivative contracts and a $5.7 million comparative difference in investment and other category.

Endeavour's net loss swelled to $42 million, or a loss of $0.14 per share, from a loss of $17.3 million, or a loss of $0.07 per share.

Analysts polled by FactSet expected Endeavour to post GAAP earnings of $0.04 per share.

The company's silver equivalent production increased 88% to 3.0 million ounces from 1.6 million ounces.

Price: 9.97, Change: -0.33, Percent Change: -3.20