Endeavour Silver (TSE:EDR) has released an update.
Endeavour Silver Corp. reported a solid start to 2024 with a production of 1.46 million silver ounces and over 10,000 gold ounces, achieving a combined silver equivalent output of 2.3 million ounces. Despite a 10% decrease in silver production compared to the previous year, the company saw an 8% increase in gold output, attributing the success to infrastructure improvements and operational efficiencies. The company remains on track to hit its annual production target, buoyed by rising gold and silver prices which are anticipated to boost future revenue.
For further insights into TSE:EDR stock, check out TipRanks’ Stock Analysis page.
