Quarterly ResultMay 6, 2026, 05:05 PM
Endeavour Silver Q1 Revenue Jumps 230% to $209.7M; Production Soars
AI Summary
Endeavour Silver Corp. announced exceptional financial and operating results for Q1 2026, driven by record production and revenue. Consolidated production of 3.3 million oz silver equivalent was up 78% year-over-year, leading to a 230% increase in revenue to $209.7 million. The company reported net earnings of $64.9 million and a significant rise in mine operating cash flow, bolstered by the completion of the Kolpa plant expansion and a $35.6 million gain from the Bolañitos mine sale.
Key Highlights
- Consolidated production of 3.3 million oz silver equivalent, up 78% from Q1 2025.
- Revenue increased 230% to $209.7 million from $63.5 million in Q1 2025.
- Mine operating cash flow before taxes rose 419% to $114.6 million.
- Net earnings were $64.9 million, compared to a net loss of $32.9 million in Q1 2025.
- Basic earnings per share was $0.23, up from a loss of $0.13 in Q1 2025.
- Cash position stood at $231.8 million as of March 31, 2026.
- Completed the sale of the Bolañitos mine, realizing a gain of $35.6 million.
- Kolpa plant expansion completed, with throughput expected in line with guidance.