Endeavour Silver (TSE:EDR) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Endeavour Silver Corp. reports a productive second quarter in 2024 with continued progress on the Terronera project, which remains on schedule for Q4 commissioning. Production is on track with 2.2 million oz silver equivalent output, and the financials show strong revenue of $58.3 million driven by higher realized prices for silver and gold. Despite a challenging economic environment, the company maintains a robust cash position of $68.1 million and has successfully drawn down $60 million from its senior secured debt facility.
For further insights into TSE:EDR stock, check out TipRanks’ Stock Analysis page.