Endeavour Sil Stock Price, News & Analysis

Endeavour Silver (NYSE: EXK) provided 2026 production, cost, capital and exploration guidance for Terronera, Guanaceví and Kolpa. Consolidated 2026 silver production is guided at 8.3–8.9 Moz with gold of 46–48 Koz, and consolidated AgEq 14.6–15.6 Moz. Consolidated cash costs are projected at $12.00–$13.00/oz Ag and AISC at $27.00–$28.00/oz Ag (net of by-product credits). Sustaining capital is budgeted at $91.0M and total 2026 capital at $157.8M, including $48.0M growth spending on Pitarrilla and $16.7M growth at Kolpa. Management used metal price assumptions of $36/oz Ag and $3,240/oz Au and MXN 18.50/USD.

Endeavour Silver (NYSE: EXK) completed the sale of the Bolañitos silver‑gold mine to Guanajuato Silver on Jan 15, 2026 for total upfront consideration of US$40 million (US$30M cash and US$10M in Guanajuato shares at a deemed US$0.2709413 per share).

Endeavour is also eligible for two contingent payments of US$5M each upon production of 2M and 4M silver‑equivalent ounces, each paid 50% cash/50% shares subject to a 9.9% maximum ownership cap. Transaction includes 12‑month voting restrictions and staged share transfer limitations on the Base Shares.

Endeavour Silver (NYSE: EXK) reported 2025 production of 6,486,661 oz silver and 37,164 oz gold, for a consolidated 11.2 million AgEq oz (48% YoY increase). Q4 2025 production was 2,030,206 oz silver, 13,785 oz gold, and 3.77 million AgEq oz. Terronera achieved commercial production effective Oct 1, 2025 and contributed materially in Q4 (154,180 t processed; 352,002 oz silver; 8,148 oz gold). The company closed a US$350 million convertible notes offering to repay debt and fund Pitarrilla and general purposes, and signed a definitive agreement to sell Bolañitos for US$30M cash plus shares and contingent payments.

Endeavour Silver (NYSE: EXK) closed a US$350 million offering of 0.25% unsecured convertible senior notes due 2031, which includes the full exercise of a US$50 million option. The initial conversion rate is 80.2890 shares per US$1,000 (about US$12.455 per share).

Net proceeds are intended to repay the company's senior secured credit facility, fund advancement of the Pitarrilla project in Durango, Mexico, and for general corporate purposes, including strategic opportunities. The Notes and shares issuable on conversion are not registered under the U.S. Securities Act and were offered only to qualified institutional buyers and outside the U.S. under Regulation S.

Endeavour Silver (NYSE: EXK) priced an offering of unsecured convertible senior notes due 2031, targeting US$300 million aggregate principal (up to US$350 million if the US$50 million initial purchaser option is fully exercised).

The Notes pay 0.25% cash interest semi-annually, have an initial conversion rate of 80.2890 shares per US$1,000 (approximate conversion price US$12.4550 per share, ~32.5% premium to the NYSE close), and are expected to close on or about December 4, 2025, subject to customary conditions and TSX/NYSE approvals.

Net proceeds are intended to repay the company’s senior secured credit facility, advance the Pitarrilla project in Durango, Mexico, and support general corporate purposes.

Endeavour Silver (NYSE: EXK) announced a private offering of US$300 million aggregate principal amount of unsecured convertible senior notes due 2031, with an initial purchaser option for an additional US$45 million.

The company intends to use net proceeds to repay its senior secured Credit Facility, advance the Pitarrilla project in Durango, Mexico, and for general corporate purposes including strategic opportunities. The Notes will pay semi-annual cash interest, be convertible into common shares, and may be redeemable or repurchaseable under certain conditions. Closing is subject to customary conditions, including TSX and NYSE approvals. The Notes and underlying shares will be offered under Rule 144A and Regulation S and will not be registered under the U.S. Securities Act.

Endeavour Silver (NYSE: EXK) entered a definitive agreement to sell the Bolañitos gold-silver mine to Guanajuato Silver (TSXV: GSVR) for up to US$50 million, comprising US$40 million base consideration (US$30M cash + US$10M in Guanajuato shares) and up to US$10 million contingent on production milestones. Closing is expected in January 2026. Contingent payments of US$5M each trigger at 2M and 4M silver-equivalent oz produced, payable 50/50 cash and shares subject to a 9.9% ownership cap. An investor rights agreement, transfer restrictions on shares, customary conditions and a reciprocal US$2.5M termination fee apply.

Endeavour Silver (NYSE: EXK) reported Q3 2025 results for the quarter ended September 30, 2025, showing materially higher production, revenue and cash flow alongside a reported net loss.

Key metrics: silver equivalent production of 3.04M oz (up 88% y/y), revenue from operations of $111.4M, mine operating cash flow before taxes of $39.7M, adjusted EBITDA of $28.2M, and cash of $57.0M. The company announced Terronera reached commercial production effective Oct 1, 2025.

Offsetting positives were a $42.0M net loss driven by a $39.0M derivative loss, higher cash costs per payable silver ounce of $18.09 (up 59% y/y), and working capital of ($56.1M).

Endeavour Silver (NYSE: EXK) declared commercial production at the Terronera mine in Jalisco, Mexico, effective October 1, 2025.

During commissioning Terronera consistently exceeded 90% of its 2,000 tpd nameplate capacity and achieved at least 90% of projected metal recoveries, operating 100 days since July 1, 2025 with eight downtime days. The company forecasts ~360,000 tonnes throughput over the next six months with average grades of 122 g/t Ag and 2.52 g/t Au. Management plans to publish annualized 2026 production and cost guidance in January 2026.