Endeavour Silver (EDR) AI Stock Analysis

• Market Cap: C$3.07B
• Dividend Yield: N/A
• Average Volume (3M): 1.86M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.37
• Revenue Growth: 14.41%
• EPS Growth: -350.79%
• Country: CA
• Employees: 1,539
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.04
• Shares Outstanding: 290,171,230
• 10 Day Avg. Volume: 1,165,854
• 30 Day Avg. Volume: 1,862,980
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$15.61
• Price Target Upside: 47.66% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): -0.05
• Revenue Forecast (FY): C$607.51M

• Rating: 56 Neutral
• Price Target: C$11.50 ▲(8.80% Upside)

Endeavour Silver's overall stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. While technical analysis shows bullish momentum, the negative P/E ratio and lack of dividend yield weigh down the valuation. The earnings call highlights production growth but also financial hurdles, contributing to a moderate score.

Positive Factors

Commercial Production at Terronera

Achieving commercial production at Terronera marks a significant milestone, enhancing production capacity and long-term revenue potential. This development strengthens the company's operational base and supports future growth plans.

Revenue Growth

The substantial revenue growth reflects strong market demand and effective production strategies, positioning the company well for sustained financial performance and market competitiveness.

Successful Integration of Kolpa

The smooth integration of Kolpa enhances operational efficiency and expands production capacity, contributing to long-term strategic growth and resource optimization.

Negative Factors

Profitability Challenges

Persistent profitability issues, including negative net income and declining margins, undermine financial health and could limit future investment and growth opportunities.

Negative Working Capital

Negative working capital indicates potential liquidity constraints, which can impact operational flexibility and necessitate careful financial management to avoid cash flow issues.

Cash Flow Management Issues

Ineffective cash flow management, as evidenced by negative free cash flow growth, poses risks to financial stability and limits the company's ability to fund operations and strategic initiatives.

Endeavour Silver Business Overview & Revenue Model

Company Description

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company operates two producing silver-gold mines in Mexico, such as the Guanaceví mine in Durango; and the Bolañitos mine in Guanajuato. It is also advancing two exploration and development projects in Mexico, including the Terronera property in Jalisco; and the Parral properties in Chihuahua. In addition, the company holds interests in three exploration projects in northern Chile comprising the Aida silver project, the Paloma gold project, and the Cerro Marquez copper-molybdenum gold project. The company was formerly known as Endeavour Gold Corp. and changed its name to Endeavour Silver Corp. in September 2004. Endeavour Silver Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Endeavour Silver generates revenue primarily through the sale of silver and gold produced from its mining operations. The company mines high-grade silver and gold ore, which is then processed to extract the metals. Revenue streams include direct sales of refined silver and gold bars to various customers, including bullion dealers and industrial users. Additionally, the company benefits from rising precious metal prices, which directly impact its profitability. Endeavour Silver may also engage in strategic partnerships with other mining companies or stakeholders to enhance its operational capabilities and market reach, as well as explore joint ventures that can lead to further revenue opportunities. The efficient management of mining operations and cost control measures also contribute to the company's overall financial success.

Endeavour Silver Financial Statement Overview

Summary

Endeavour Silver faces significant profitability challenges, with negative net income and declining margins. While the balance sheet shows manageable leverage, the negative return on equity highlights profitability issues. Cash flow management is a concern, with negative free cash flow growth and poor cash flow coverage ratios. Overall, the company needs to address profitability and cash flow issues to improve its financial health.

Income Statement

Endeavour Silver has experienced fluctuating revenue growth with a recent uptick of 13.95% in TTM. However, profitability metrics are concerning, with a negative net profit margin of -29.10% and declining EBIT and EBITDA margins. The company faces challenges in maintaining consistent profitability, which impacts its overall income statement performance.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.27, indicating manageable leverage. However, the return on equity is negative at -14.24%, reflecting poor profitability relative to shareholder equity. The equity ratio remains stable, suggesting a solid asset base, but profitability issues weigh down the overall score.

Cash Flow

Cash flow analysis reveals a negative free cash flow growth rate and a concerning free cash flow to net income ratio of -7.80. Operating cash flow remains positive but insufficient to cover net income losses. The company struggles with cash flow management, impacting its financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	247.75M	217.64M	205.46M	210.16M	165.32M	138.46M
Gross Profit	40.81M	42.08M	36.61M	51.52M	36.37M	27.34M
EBITDA	-17.69M	10.03M	37.92M	50.23M	31.55M	28.73M
Net Income	-69.64M	-31.48M	6.12M	6.20M	13.96M	1.16M
Balance Sheet
Total Assets	995.89M	719.25M	474.81M	399.44M	294.02M	210.59M
Cash, Cash Equivalents and Short-Term Investments	52.80M	107.50M	40.42M	92.04M	114.50M	65.85M
Total Debt	136.61M	120.24M	9.53M	15.58M	11.49M	10.77M
Total Liabilities	466.81M	234.81M	88.47M	83.54M	56.62M	51.52M
Stockholders Equity	529.09M	484.44M	386.34M	315.89M	237.41M	159.07M
Cash Flow
Free Cash Flow	-161.88M	-176.27M	-106.02M	-54.72M	-30.63M	13.43M
Operating Cash Flow	28.54M	19.11M	11.77M	54.99M	23.46M	38.96M
Investing Cash Flow	-254.08M	-183.46M	-108.00M	-111.45M	-38.01M	-29.81M
Financing Cash Flow	210.11M	236.00M	48.92M	36.76M	56.65M	27.54M

Endeavour Silver Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 10.57
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDR, the sentiment is Neutral. The current price of 10.57 is below the 20-day moving average (MA) of 11.66, above the 50-day MA of 10.26, and above the 200-day MA of 7.14, indicating a neutral trend. The MACD of 0.21 indicates Positive momentum. The RSI at 45.14 is Neutral, neither overbought nor oversold. The STOCH value of 52.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:EDR.

Endeavour Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASM	69 Neutral	C$887.21M	38.24	11.47%	―	58.97%	849.69%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ITR	60 Neutral	C$638.83M	42.14	16.08%	―	―	―
GGD	57 Neutral	C$768.16M	50.21	3.81%	―	110.25%	―
EDR	56 Neutral	C$3.07B	―	-14.53%	―	14.41%	-350.79%
SLVR	47 Neutral	C$293.27M	-53.72	-5.11%	―	―	-51.25%
ABRA	41 Neutral	C$1.01B	-21.44	-79.33%	―	―	-193.85%

Endeavour Silver Corporate Events

Endeavour Silver Achieves Commercial Production at Terronera Mine

Endeavour Silver Corp. announced on October 16, 2025, that it achieved commercial production at its Terronera mine in Jalisco, Mexico, effective October 1, 2025. The mine successfully ramped up operations to exceed 90% of its designed capacity and projected metal recoveries. The company forecasts processing approximately 360,000 tonnes over the next six months, with plans to access higher-grade zones by mid-2026, potentially enhancing production further.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$19.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Achieves Commercial Production at Terronera Mine

Endeavour Silver Corp. announced the commencement of commercial production at its Terronera mine in Jalisco, Mexico, effective October 1, 2025. This milestone follows a successful commissioning phase where operations exceeded 90% of the designed capacity and metal recoveries. The achievement is set to bolster Endeavour’s growth, reinforcing its position as a leading mid-tier silver producer. The company plans to process approximately 360,000 tonnes over the next six months, with higher-grade zones expected to enhance production by mid-2026.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$19.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Reports Strong Q3 2025 Production and Nears Terronera Launch

Endeavour Silver Corp. reported strong production results for the third quarter of 2025, with 1,766,926 ounces of silver and 7,286 ounces of gold produced, totaling 3.0 million silver equivalent ounces. The company’s operations, including Guanaceví, Bolañitos, and Kolpa mines, showed consistent performance, with Kolpa contributing significantly to the increased silver production. The Terronera project is nearing commercial production, indicating potential future growth. The company’s production was notably higher compared to the same period in 2024, driven by increased throughput and improved silver grades, although gold production saw a decline due to lower grades at Bolañitos.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Reports Promising Drill Results at Kolpa Mine

Endeavour Silver Corp. announced positive drill results from its exploration program at the Kolpa Mine in Peru, revealing high-grade silver-lead-zinc mineralization. The discovery of significant mineral zones, particularly in the Poderosa West and Caudalosa Chica veins, highlights the potential for further resource development and positions the company for future growth. The management is planning a systematic exploration program to capitalize on these findings, which could enhance the company’s market position and offer promising opportunities for stakeholders.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver’s Earnings Call: Production Up, Challenges Persist

Endeavour Silver’s latest earnings call reveals a company in the midst of significant transformation. While the call highlighted positive strides in production and integration, these advancements were somewhat overshadowed by financial challenges and losses during the commissioning phase of the Terronera project.

Endeavour Silver Reports Strong Q2 2025 Results

Endeavour Silver Corp. is a mid-tier precious metals company focused on sustainable mining practices, operating primarily in Mexico and Peru, with a strategic goal to become a leading senior silver producer. The company recently released its Q2 2025 financial results, showcasing strong production growth, increased revenue, and the successful integration of Minera Kolpa into its operations. Key highlights include a 13% increase in silver equivalent production and a 46% rise in revenue compared to the same period in 2024, driven by higher sales volumes and favorable market prices. Despite these achievements, the company reported a net loss due to operating losses at the Terronera project during its commissioning phase and increased costs associated with the Minera Kolpa acquisition. Looking ahead, Endeavour Silver remains committed to enhancing its production capacity and operational efficiency, with Terronera nearing commercial production and a focus on disciplined capital management to ensure sustainable growth.

Endeavour Silver Reports Strong Q2 2025 Results Amid Strategic Expansion

Endeavour Silver Corp. reported strong financial results for Q2 2025, marked by increased silver equivalent production and significant revenue growth. The successful integration of Minera Kolpa and the nearing commercial production of Terronera have expanded the company’s resource base and production capacity, positioning it for sustainable growth. Despite operating losses during Terronera’s commissioning phase, Endeavour maintained costs below guidance and ended the quarter with a solid cash position, indicating robust financial health and strategic positioning in the market.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$10.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Advances Terronera Mine Startup with Increased Milling Rates

Endeavour Silver has reported significant progress at its Terronera mine in Jalisco, Mexico, with milling rates reaching an average of 1,841 tonnes per day in July. The company is optimizing its processes to improve silver and gold recoveries, and plans to introduce higher-grade material soon, which is expected to enhance recoveries further. The successful startup of the Terronera mine positions Endeavour for sustainable production levels and strengthens its industry positioning as it aims for commercial production.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$10.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.