Endeavour Silver Lifts Q1 Output as Terronera and Kolpa Ramp Up

Condor Energies ( (TSE:CDR) ) has shared an announcement.

Endeavour Silver reported first-quarter 2026 production of 1.88 million ounces of silver and 11,740 ounces of gold, translating to 3.3 million silver-equivalent ounces, a sharp increase over the prior year driven by new contributions from the Terronera and Kolpa mines. Terronera’s ramp-up proceeded largely as planned with improving recoveries, Guanaceví faced lower grades and a brief equipment-related shutdown, and Kolpa commissioned new crushing and milling capacity to reach 2,500 tonnes per day, while the completed sale of the Bolañitos mine and a decision to temporarily hold bullion inventory underscore a strategic shift in the asset base and sales timing that could influence near-term cash flows and production mix.

The most recent analyst rating on (TSE:CDR) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Condor Energies stock, see the TSE:CDR Stock Forecast page.

Spark’s Take on CDR Stock

According to Spark, TipRanks’ AI Analyst, CDR is a Neutral.

The score is held back primarily by financial risk factors—persistent net losses, higher leverage, and continued negative free cash flow—despite a meaningful operational rebound. Technicals are a key offset, showing strong upward momentum with the stock well above major moving averages, though momentum indicators look stretched. Valuation remains weak due to the negative P/E and lack of dividend support.

To see Spark’s full report on CDR stock, click here.

More about Condor Energies

Endeavour Silver Corp. is a precious metals mining company focused on silver and gold production, with operations centered on its Terronera, Guanaceví and Kolpa mines. Listed on the NYSE and TSX, the company targets growth in silver-equivalent output through mine optimization, plant expansions and portfolio rationalization in key Latin American mining jurisdictions.

Average Trading Volume: 95,032

Technical Sentiment Signal: Buy

Current Market Cap: C$220.2M

For an in-depth examination of CDR stock, go to TipRanks’ Overview page.