Endeavour Silver (EDR) AI Stock Analysis

• Market Cap: $2.25B
• Dividend Yield: N/A
• Average Volume (3M): 990.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.17
• Revenue Growth: 4.45%
• EPS Growth: -3193.40%
• Country: CA
• Employees: 1,539
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Other Precious Metals
• EPS (TTM): 0.00
• Shares Outstanding: 289,540,220
• 10 Day Avg. Volume: 1,022,342
• 30 Day Avg. Volume: 990,573
• PEG Ratio: 0.26
• Price to Book (P/B): 3.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.75
• Enterprise Value/Market Cap: 0.77
• Enterprise Value/Revenue: 1.95
• Enterprise Value/Gross Profit: 39.75
• Enterprise Value/Ebitda: 58.03
• 1Y Price Target: $9.51
• Price Target Upside: 21.34% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 61 Neutral
• Price Target: C$8.00 ▲(2.04%Upside)

Endeavour Silver's overall score is influenced primarily by technical indicators showing positive momentum and a stable capital structure. Challenges remain in profitability, cash flow, and valuation due to recent losses and lack of dividends. The earnings call provided a balanced outlook with potential improvement from ongoing projects and recent acquisitions.

Positive Factors

Acquisition Impact

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

Production Increase

Endeavour Silver's production increased 17% year-over-year due to the addition of Minera Kolpa's operations.

Project Progress

Commissioning and ramp-up at Terronera continue to progress smoothly, producing 598t of concentrate and generating $3.0M.

Negative Factors

Financial Loss

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 Challenges

The 17% year-over-year decrease in throughput at Bolañitos was below the firm's mine plan.

Production Decrease

The 17% year-over-year decrease in throughput at Bolañitos was below the firm's mine plan.

Endeavour Silver Business Overview & Revenue Model

Company Description

Endeavour Silver Corp. is a mid-tier precious metals mining company primarily focused on the exploration, development, and production of silver and gold assets in Mexico. The company operates several high-grade, underground, silver-gold mines in Mexico and is actively advancing its exploration and development projects with the goal of becoming a premier senior producer in the sector.

How the Company Makes Money

Endeavour Silver generates revenue primarily through the extraction, processing, and sale of precious metals, particularly silver and gold. The company's key revenue streams include the sale of these metals to various buyers, including market traders, industrial users, and financial institutions. Endeavour Silver strategically invests in exploration and development to expand its resource base and increase production capacity, thereby boosting its revenue potential. The company also engages in strategic partnerships and joint ventures to enhance operational efficiencies and access additional resources, contributing to its overall earnings.

Endeavour Silver Financial Statement Overview

Summary

Endeavour Silver faces financial challenges, especially in profitability and cash generation, with negative margins and free cash flow. However, a stable capital structure with solid equity base and manageable leverage provides some financial stability.

Income Statement

Endeavour Silver has shown volatile performance in its income statement. The TTM (Trailing-Twelve-Months) gross profit margin stands at 19.9%, which is moderate but shows a declining trend from previous years. The net profit margin is notably negative at -29.1% in the TTM period, indicating significant losses. Revenue growth has been inconsistent, with a negligible growth rate in the latest period. While the EBIT margin is a low 4.1%, the EBITDA margin is concerning at -9.9%, suggesting operational challenges.

Balance Sheet

The balance sheet presents a mixed picture. The debt-to-equity ratio is reasonable at 0.27, showing manageable leverage relative to equity. However, return on equity (ROE) is negative at -14.0% in the TTM period, reflecting poor profitability for shareholders. The equity ratio is solid at 62.1%, indicating a strong equity base compared to total assets. The company's equity has been growing, which is a positive sign of financial stability.

Cash Flow

The cash flow statement indicates challenges with free cash flow, which has been negative and further decreased in the TTM period. Free cash flow growth is negative, highlighting cash generation issues. The operating cash flow to net income ratio is -0.31, showing inefficiencies in converting income to cash. Despite these issues, the company maintains a positive operating cash flow, which is encouraging.

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: 7.84
• 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 7.84 is above the 20-day moving average (MA) of 7.37, above the 50-day MA of 6.47, and above the 200-day MA of 5.95, indicating a bullish trend. The MACD of 0.37 indicates Positive momentum. The RSI at 63.90 is Neutral, neither overbought nor oversold. The STOCH value of 60.15 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
ASM	74 Outperform	$702.12M	34.73	10.93%	―	58.11%	761.96%
GGD	66 Neutral	$738.74M	151.68	1.21%	―	74.02%	―
EDR	61 Neutral	$2.25B	―	-14.41%	―	4.45%	-3193.40%
ITR	60 Neutral	C$359.97M	―	-2.95%	―	―	71.90%
SLVR	47 Neutral	C$242.56M	―	-5.23%	―	―	-18.89%
Sector *	44 Neutral	C$979.11M	-6.82	-13.73%	1.75%	17.37%	-32.84%
ABRA	41 Neutral	$832.91M	―	-67.76%	―	―	-16.69%

Endeavour Silver Corporate Events

Endeavour Silver Announces US$60 Million At-the-Market Offering

Endeavour Silver Corp. has announced an at-the-market offering of up to US$60 million through a sales agreement with several financial agents. The proceeds will be used for advancing the evaluation and development of the Pitarrilla and Parral properties, supporting operations at the Terronera project, exploring potential acquisitions, and funding working capital requirements. This strategic move is expected to enhance Endeavour’s operational capabilities 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 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.