Endeavour Silver (EDR) AI Stock Analysis

• Market Cap: C$1.37B
• Dividend Yield: N/A
• Average Volume (3M): 1.27M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.42
• Revenue Growth: 6.18%
• EPS Growth: -515.57%
• Country: CA
• Employees: 1,539
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Other Precious Metals
• EPS (TTM): -0.18
• Shares Outstanding: 262,323,850
• 10 Day Avg. Volume: 1,236,923
• 30 Day Avg. Volume: 1,271,128
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 5.56
• Price to Cash Flow (P/CF): -48.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$7.98
• Price Target Upside: 78.21% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

Endeavour Silver's overall score reflects moderate potential with notable strengths in corporate strategy and project developments. However, significant challenges in profitability, valuation concerns, and bearish technical indicators temper the outlook. The company's growth initiatives and strong equity base provide a foundation, but strategic improvements in operational efficiency and cash flow management are necessary for a more favorable rating.

Positive Factors

Expansion and Acquisition

Expansion to Peru provides accelerated growth profile with $145M acquisition of Compañia Minera Kolpa.

Project Advancement

Endeavour Silver continues to advance its Terronera project, which will significantly increase production and reduce costs in the near term while maintaining peer-leading silver exposure.

Negative Factors

Cost Overruns

The total capex budget for Terronera was increased from $271M to $332M, implying $30M remaining to spend.

Production Challenges

Production of silver declined by 18% due to the trunnion failure at the Guanaceví mine.

Endeavour Silver Business Overview & Revenue Model

Company Description

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company operates two producing silver-gold mines in Mexico, such as the Guanaceví mine in Durango; and the Bolañitos mine in Guanajuato. It is also advancing two exploration and development projects in Mexico, including the Terronera property in Jalisco; and the Parral properties in Chihuahua. In addition, the company holds interests in three exploration projects in northern Chile comprising the Aida silver project, the Paloma gold project, and the Cerro Marquez copper-molybdenum gold project. The company was formerly known as Endeavour Gold Corp. and changed its name to Endeavour Silver Corp. in September 2004. Endeavour Silver Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Endeavour Silver generates revenue primarily through the mining and sale of silver and gold. Its revenue model is largely dependent on the quantity of precious metals extracted and the prevailing market prices for these commodities. The company operates multiple mining projects in Mexico, where it extracts ore, processes it to extract silver and gold, and then sells these refined metals to various buyers, including smelters and metal traders. Endeavour Silver's earnings are influenced by factors such as production efficiency, operational costs, and fluctuations in metal prices on the global market. Additionally, the company may engage in strategic partnerships or joint ventures to optimize mining operations and explore new opportunities, further impacting its revenue streams.

Endeavour Silver Financial Statement Overview

Summary

Endeavour Silver shows potential in revenue growth but faces challenges in maintaining profitability and cash flow stability. The company's balance sheet is robust, supported by strong equity, though rising debt levels should be watched closely. The financial health suggests moderate risk, with strategic focus needed to enhance operational efficiency and manage cash flows effectively.

Income Statement

Endeavour Silver has shown a consistent revenue growth trend over the years, with a notable increase from 2020 to 2024. However, the company's profitability metrics, such as the net profit margin, have been fluctuating, with recent reports indicating a negative net income for 2024. Despite a positive gross profit margin, the EBIT and EBITDA margins suggest moderate operational efficiency challenges.

Balance Sheet

The company's balance sheet reflects a strong equity base, with an improving equity ratio. However, there is a noticeable increase in total debt in recent years, leading to a moderate debt-to-equity ratio that requires monitoring. The return on equity has been inconsistent, but the firm maintains a solid asset base.

Cash Flow

Cash flow analysis indicates variability in free cash flow, with significant negative figures in recent years due to high capital expenditures. The operating cash flow has been relatively stable, but the free cash flow to net income ratio is concerning. Overall, cash flow management appears strained, necessitating cautious capital allocation.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
217.64M	205.46M	210.16M	165.32M	138.46M
	Gross Profit
42.08M	36.61M	51.52M	36.37M	27.34M
	EBIT
8.33M	8.70M	23.46M	7.02M	-808.00K
	EBITDA
10.03M	37.92M	50.23M	31.55M	28.73M
	Net Income Common Stockholders
-31.48M	6.12M	6.20M	13.96M	1.16M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
107.50M	40.42M	92.04M	114.50M	65.85M
	Total Assets
719.25M	474.81M	399.44M	294.02M	210.59M
	Total Debt
120.24M	9.53M	15.58M	11.49M	10.77M
	Net Debt
13.80M	-25.76M	-67.81M	-91.81M	-50.32M
	Total Liabilities
234.81M	88.47M	83.54M	56.62M	51.52M
	Stockholders Equity
484.44M	386.34M	315.89M	237.41M	159.07M
Cash Flow		Free Cash Flow
-176.27M	-106.02M	-54.72M	-30.63M	13.43M
	Operating Cash Flow
19.11M	11.77M	54.99M	23.46M	38.96M
	Investing Cash Flow
-183.46M	-108.00M	-111.45M	-38.01M	-29.81M
	Financing Cash Flow
236.00M	48.92M	36.76M	56.65M	27.54M

Endeavour Silver Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.48
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDR, the sentiment is Negative. The current price of 4.48 is below the 20-day moving average (MA) of 6.12, below the 50-day MA of 5.83, and below the 200-day MA of 5.61, indicating a bearish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 48.22 is Neutral, neither overbought nor oversold. The STOCH value of 17.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EDR.

Endeavour Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.85B	18.39	26.82%	―	77.93%	236.93%
EDV	73 Outperform	C$7.56B	―	-9.94%	4.39%	22.47%	-791.36%
EDR	54 Neutral	C$1.37B	―	-7.23%	―	6.18%	-515.57%
Sector *	47 Neutral	$2.43B	-2.83	-21.77%	3.74%	4.16%	-28.83%

Endeavour Silver Corporate Events

Endeavour Silver Reports Q1 2025 Production Results

Endeavour Silver reported Q1 2025 production of 1.9 million silver equivalent ounces, with silver and gold outputs slightly below the previous year due to lower grades at its Guanaceví and Bolañitos mines. Despite the decrease in production, the company maintains a steady operational focus, preparing to bring its Terronera project into production, which could enhance its market position and benefit stakeholders.

Spark’s Take on TSE:EDR Stock

According to Spark, TipRanks’ AI Analyst, TSE:EDR is a Neutral.

Endeavour Silver’s score reflects its growth potential and strategic project developments, counterbalanced by profitability and cash flow challenges. Technical signals and valuation concerns further moderate the outlook.

To see Spark’s full report on TSE:EDR stock, click here.

Endeavour Silver Secures $45 Million for Strategic Acquisition

Endeavour Silver Corp. has successfully closed a US$45 million bought deal financing, issuing 11.6 million common shares at US$3.88 each. The proceeds will be used to fund the acquisition of Compañia Minera Kolpa S.A. and its Huachocolpa Uno Mine, a transaction valued at US$145 million, pending regulatory approvals and expected to close within 60 days.

Spark’s Take on TSE:EDR Stock

According to Spark, TipRanks’ AI Analyst, TSE:EDR is a Neutral.

Endeavour Silver’s score reflects its growth potential and strategic project developments, counterbalanced by profitability and cash flow challenges. Technical signals and valuation concerns further moderate the outlook.

To see Spark’s full report on TSE:EDR stock, click here.

Endeavour Silver Advances Terronera Project with First Concentrate Production

Endeavour Silver has announced significant progress in the construction of its Terronera Project in Jalisco, Mexico, with the first batch of concentrate produced and wet commissioning expected in early Q2. The completion of key installations and the mining of the first production stope mark important milestones, indicating the company’s commitment to advancing the project and its potential positive impacts on local communities and the mining industry.

Endeavour Silver Unveils High-Grade Mineralization at Bolañitos Mine

Endeavour Silver has reported significant high-grade silver and gold mineralization at its Bolañitos operation in Mexico, following a successful drilling program on the La Luz vein. The results are expected to enhance the company’s resource base, potentially extending the mine’s operational life and reinforcing its strategic position in the mining industry.

Endeavour Silver Nears Completion of Terronera Project, Aiming for Q2 2025 Commissioning

Endeavour Silver has announced that the construction of its Terronera Project in Jalisco, Mexico, is nearing completion, with overall progress at 89.4%. The company is on track to complete the construction and move towards full commissioning by early Q2 2025, having focused on safety, community relations, and efficient mine development during Q4 2024. The project has seen substantial advancements, particularly in the Upper Plant Platform with successful commissioning of critical equipment like the primary crusher and grinding circuit. The Lower Platform, including the tailing storage facility, is progressing with key installations underway, indicative of Endeavour Silver’s commitment to maintaining its construction schedule. This update signifies a pivotal moment in Endeavour’s expansion strategy, potentially enhancing its market positioning and operational footprint in the silver mining sector.

Endeavour Silver Achieves 7.6 Million Silver Equivalent Ounces in 2024

Endeavour Silver reported a total production of 4,471,824 ounces of silver and 39,047 ounces of gold for 2024, achieving 7.6 million silver equivalent ounces. Despite challenges caused by a trunnion failure at the Guanaceví mine in August, the company successfully resumed full production capacity by December, meeting the upper range of its revised annual guidance. This recovery highlights Endeavour Silver’s resilience and operational efficiency, with significant implications for its market positioning and stakeholders, especially considering the strategic financing moves to advance the Pitarrilla Project.