Endeavour Silver Corp (NYSE:EXK)
$ 8.04 +0.34 (+4.35%) Market Cap: 2.38 Bil Enterprise Value: 2.39 Bil PE Ratio: 0 PB Ratio: 3.69 GF Score: 86/100

Q3 2025 Endeavour Silver Corp Earnings Call Transcript

Nov 7, 2025 / 06:00 PM GMT
Release Date Price: $7.2 (-1.64%)

Key Points

Positve
  • Endeavour Silver Corp (EXK) achieved a significant production increase, with 1.8 million ounces of silver and 7,300 ounces of gold produced in Q3 2025, marking an 88% increase compared to Q3 2024.
  • The company reported a substantial revenue increase of 109% year-over-year, reaching $111 million, driven by higher precious metal prices and increased production.
  • Terranera has reached commercial production, operating at 90% of its design capacity, which is a pivotal milestone for the company.
  • The integration of the Culpa mine has progressed smoothly, with positive drill results indicating strong potential for future resource validation.
  • Endeavour Silver Corp (EXK) has a solid cash position of $57 million as of September 30, 2025, providing financial stability for future operations.
Negative
  • The company reported a net loss of $37.5 million for the period, primarily due to a $39 million loss on derivative contracts.
  • All-in sustaining costs increased to $30.53 per ounce, influenced by higher exploration expenses and increased treatment and refining charges.
  • Cash costs rose to $18 per payable silver ounce, driven by higher royalties and profit participation.
  • Terranera experienced an electrical issue causing a seven-day shutdown in September, impacting production consistency.
  • Endeavour Silver Corp (EXK) is facing challenges with derivative liabilities, which have created significant volatility in financial results.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EDR.TO - Endeavour Silver Corp
Q3 2025 Endeavour Silver Corp Earnings Call
Nov 07, 2025 / 06:00PM GMT

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Presentation
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Unidentified_1 [1]
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Thank you for standing by. This is the conference operator. Welcome to the Endeavor Silver 3rd quarter 2025 financial results conference call. As a reminder, all participants are in listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press, then 1 on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing, then 0.

I would now like to turn the conference over to Alison Pettit, Vice President of Investor relations. Please go ahead.

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Unidentified_2 [2]
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