Endeavour Silver (EDR) AI Stock Analysis

• Market Cap: $1.94B
• Dividend Yield: N/A
• Average Volume (3M): 1.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.27
• Revenue Growth: 4.45%
• EPS Growth: -3193.40%
• Country: CA
• Employees: 1,539
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Other Precious Metals
• EPS (TTM): 0.00
• Shares Outstanding: 289,540,220
• 10 Day Avg. Volume: 826,922
• 30 Day Avg. Volume: 1,097,811
• PEG Ratio: 4.39
• Price to Book (P/B): 2.38
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.76
• Enterprise Value/Market Cap: 0.70
• Enterprise Value/Revenue: 1.56
• Enterprise Value/Gross Profit: 32.54
• Enterprise Value/Ebitda: 14.50
• 1Y Price Target: $8.16
• Price Target Upside: 18.31% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 63 Neutral
• Price Target: C$7.00 ▲(1.45%Upside)

Endeavour Silver's stock score reflects a blend of strengths and weaknesses. The most significant factor is positive technical momentum, supported by strategic corporate events that enhance growth prospects. However, financial performance and valuation concerns, particularly the negative P/E ratio, limit the score. Earnings call insights indicate a balanced sentiment with strong production but financial hurdles.

Positive Factors

Acquisition

The closing of the Minera Kolpa acquisition, including its primary asset, the Huachocolpa Uno Mine, marks a significant expansion for Endeavour Silver.

Analyst Rating

Analyst reiterates a Buy rating for Endeavour Silver with a price target of $7.25, based on a detailed valuation analysis.

Project Development

The commencement of wet commissioning at the Terronera Project is a key milestone as the company prepares for full-scale production.

Negative Factors

Financial Performance

The primary driver of Endeavour Silver's net loss was a $31.9M derivative liability loss during the quarter after revaluing its forward contracts.

Production Output

The company produced 1.9M Silver Equivalent Ounces, an 18% decrease year-over-year, driven by lower output from Guanaceví.

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 makes money through the extraction and sale of precious metals, primarily silver and gold, from its mining operations in Mexico. The company's key revenue streams include the sale of silver and gold ores and concentrates to smelters and refiners, who then process these materials into pure metals for various industrial and commercial uses. Endeavour Silver's earnings are significantly influenced by the market prices of silver and gold, as well as its ability to efficiently mine and process ore from its operations. Strategic partnerships and joint ventures may also play a role in expanding its mining capabilities and enhancing operational efficiencies, further contributing to its revenue generation.

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
EBITDA	10.03M	37.92M	50.23M	31.55M	28.73M
Net Income	-31.48M	6.12M	6.20M	13.96M	1.16M
Balance Sheet
Total Assets	719.25M	474.81M	399.44M	294.02M	210.59M
Cash, Cash Equivalents and Short-Term Investments	107.50M	40.42M	92.04M	114.50M	65.85M
Total Debt	120.24M	9.53M	15.58M	11.49M	10.77M
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: Positive
• Last Price: 6.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDR, the sentiment is Positive. The current price of 6.9 is above the 20-day moving average (MA) of 6.50, above the 50-day MA of 5.55, and above the 200-day MA of 5.76, indicating a bullish trend. The MACD of 0.32 indicates Positive momentum. The RSI at 63.22 is Neutral, neither overbought nor oversold. The STOCH value of 65.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EDR.

Endeavour Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EDR	63 Neutral	$1.94B	―	-14.41%	―	4.45%	-3193.40%
Sector *	44 Neutral	C$967.20M	-6.69	-13.35%	2.72%	17.55%	-32.18%
ASM		$519.69M	34.80	10.93%	―	―	―
ITR	60 Neutral	C$348.14M	―	-2.95%	―	―	71.90%
SLVR	47 Neutral	C$176.78M	―	-4.77%	―	―	-18.89%
GLGDF		$478.92M	145.19	1.21%	―	―	―
ABBRF		$575.57M	―	-67.76%	―	―	―

Endeavour Silver Corporate Events

Endeavour Silver Expands Credit Facility to Boost Terronera Project

Endeavour Silver has amended its project loan credit facility to include an additional $15 million, increasing the total to $135 million. This funding will support the commissioning of the Terronera Project in Mexico and general working capital. The company has implemented zero cost collars to manage silver price exposure, protecting downside at $31 per ounce while allowing participation in price appreciation up to $42 per ounce. The commissioning is proceeding as planned, aligning with management’s expectations, and the company will update stakeholders as it nears commercial production.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$7.50 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Announces AGM Results and Board Member Retirement

Endeavour Silver announced the successful voting results from its 2025 Annual General Meeting, where all director nominees were re-elected, and KPMG LLP was re-appointed as auditor. The company also acknowledged the retirement of Ricardo Campoy, expressing gratitude for his 14 years of service on the Board, which has been instrumental to the company’s progress.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$7.50 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Reports Positive Drill Results at Pitarrilla Project

Endeavour Silver has announced positive results from its 2024/2025 drilling program at the Pitarrilla project in Durango, Mexico. The drilling has successfully intersected high-grade silver, zinc, and lead mineralization, enhancing confidence in upgrading existing mineral resources. The exploration program aims to define the geometry of mineralized structures and has confirmed the presence of multiple high-grade veins, which could significantly impact the company’s resource estimates and strengthen its position in the mining industry.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$7.50 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Completes Acquisition of Minera Kolpa to Boost Production Capacity

Endeavour Silver has completed the acquisition of Minera Kolpa, a silver-focused mining operation in Peru, for $145 million, with additional contingent payments and debt obligations. The acquisition is expected to enhance Endeavour’s production capacity and exploration potential, with plans to expand the Kolpa mine’s throughput and increase production capacity by Q3 2025. The company has also secured a $35 million copper stream and a $50 million equity financing to fund the acquisition, while planning significant capital and exploration expenditures to be covered by operating cash flows.

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.

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.