StockWatch
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Precious Metals
Quarterly ResultJul 29, 2026, 05:07 PM

Endeavour Silver Q2 Net Earnings $66.5M; Revenue $212.1M

AI Summary

Endeavour Silver Corp. announced strong financial and operating results for Q2 2026, with net earnings reaching $66.5 million, a substantial turnaround from a loss in the prior year. Revenue from operations surged 149% to $212.1 million, driven by higher production and record ounces sold at improved realized prices. The company reported a significant increase in mine operating cash flow before taxes to $99.9 million. Operational highlights include a 31% increase in silver production and a 35% increase in gold production, alongside the successful commissioning of the Kolpa plant expansion and the Terronera LNG plant.

Key Highlights

  • Q2 2026 net earnings were $66.5 million, a significant improvement from a $20.5 million loss in Q2 2025.
  • Revenue from operations increased 149% to $212.1 million in Q2 2026.
  • Mine operating cash flow before taxes rose 336% to $99.9 million.
  • Consolidated silver production was 1,943,955 oz, up 31% from Q2 2025.
  • Consolidated gold production was 10,474 oz, up 35% from Q2 2025.
  • Cash costs per silver ounce increased 53% to $23.52, and AISC rose 47% to $36.89.
  • Cash position stood at $236.6 million and working capital at $214.4 million.
  • Kolpa plant expansion led to a 36% increase in throughput; Terronera LNG plant is now operational.