Endeavour Silver (NYSE:EXK) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Endeavour Silver (NYSE:EXK) (TSE:EDR) announced its earnings results on Friday. The mining company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01), Zacks reports. Endeavour Silver had a negative net margin of 31.18% and a negative return on equity of 1.34%. The firm had revenue of $172.60 million during the quarter, compared to analysts’ expectations of $227.99 million.

Here are the key takeaways from Endeavour Silver’s conference call:

• Transformational 2025 and stronger balance sheet: the company completed the Kolpa acquisition, brought Terronera to commercial production, closed the Bolanitos sale, raised $350 million via convertible debt and finished 2025 with $215 million cash while reporting record revenue of $468 million and 11 million ounces silver‑equivalent production.
• Terronera faced operational challenges (electrical interruptions during diesel‑gens operation and a temporary shutdown tied to a local Code Red security mandate) that drove elevated Q4 operating costs, higher direct costs per ton and raised All‑in sustaining costs.
• Management expects meaningful cost and stability improvements at Terronera in 2026 as it transitions from diesel to an on‑site LNG plant in Q2, demobilizes construction crews, optimizes workforce/logistics and ramps into higher‑grade zones in H2.
• Derivative and financing impacts remain a drag: roughly 50,000 ounces of gold hedges locked at $2,325 (from the project loan) unwind through 2026–2027, producing realized/mark‑to‑market losses that depressed adjusted net earnings in Q4.
• Pitarrilla is being advanced as a major growth engine with a planned $68 million 2026 program (feasibility NI 43‑101 targeted for Q3 2026, early works and long‑lead equipment procurement) positioning a construction decision in early 2027.

Endeavour Silver Price Performance

Shares of NYSE EXK opened at $13.90 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 0.23. The stock has a fifty day simple moving average of $11.53 and a two-hundred day simple moving average of $8.96. Endeavour Silver has a 1-year low of $2.95 and a 1-year high of $15.15. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of -33.10 and a beta of 1.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Schroder Investment Management Group increased its holdings in Endeavour Silver by 8.8% in the 4th quarter. Schroder Investment Management Group now owns 10,966 shares of the mining company’s stock worth $107,000 after acquiring an additional 887 shares during the last quarter. Quarry LP increased its stake in shares of Endeavour Silver by 2.0% in the third quarter. Quarry LP now owns 74,258 shares of the mining company’s stock worth $582,000 after purchasing an additional 1,490 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Endeavour Silver by 3.6% in the third quarter. Public Employees Retirement System of Ohio now owns 76,315 shares of the mining company’s stock valued at $598,000 after purchasing an additional 2,664 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of Endeavour Silver by 1.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 269,186 shares of the mining company’s stock valued at $2,537,000 after purchasing an additional 3,133 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its position in shares of Endeavour Silver by 389.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,583 shares of the mining company’s stock worth $43,000 after acquiring an additional 3,647 shares in the last quarter. Institutional investors own 20.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EXK. Zacks Research raised shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. B. Riley Financial upped their target price on Endeavour Silver from $11.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. BMO Capital Markets reiterated an “outperform” rating on shares of Endeavour Silver in a report on Monday, January 19th. National Bank Financial raised Endeavour Silver to a “strong-buy” rating in a research report on Tuesday, December 9th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Endeavour Silver in a research report on Friday, January 9th. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Endeavour Silver has an average rating of “Buy” and a consensus price target of $13.88.

Endeavour Silver Company Profile

Endeavour Silver Corp. is a Vancouver-based precious metals mining company focused on the acquisition, development and operation of silver and gold properties in Mexico. Publicly listed on the New York Stock Exchange under the ticker EXK, the company has positioned itself as a mid-tier producer with a portfolio of high-grade, operating mines and exploration assets in key mineral belts.

Endeavour Silver’s core business activities revolve around four principal underground mines located in the states of Durango, Zacatecas, Guanajuato and Jalisco.