Endeavour Silver (EDR) AI Stock Analysis

• Market Cap: $2.41B
• Dividend Yield: N/A
• Average Volume (3M): 1.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.40
• Revenue Growth: 14.41%
• EPS Growth: -350.79%
• Country: CA
• Employees: 1,539
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Other Precious Metals
• EPS (TTM): -0.04
• Shares Outstanding: 290,171,230
• 10 Day Avg. Volume: 1,258,440
• 30 Day Avg. Volume: 1,102,039
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.85
• Enterprise Value/Revenue: 8.28
• Enterprise Value/Gross Profit: 50.25
• Enterprise Value/Ebitda: -115.95
• 1Y Price Target: $9.23
• Price Target Upside: 11.17% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 52 Neutral
• Price Target: C$7.50 ▼(-9.64% Downside)

Endeavour Silver's overall stock score is primarily impacted by its financial performance, which is weighed down by profitability and cash flow challenges. While technical analysis shows some positive momentum, the valuation remains unattractive due to ongoing losses. The earnings call suggests potential for future improvement, but current financial difficulties are a significant concern.

Positive Factors

Financial Performance

Endeavour Silver recorded a significant increase in revenue driven by the addition of Minera Kolpa and preliminary revenue from Terronera.

Long-term Growth

The company's strong organic growth profile, with the potential development of Pitarrilla and Parral, provides visibility on long-term growth.

Production Expansion

The acquisition of Minera Kolpa will significantly increase production and reduce costs in the near term.

Negative Factors

Derivative 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.

Earnings

Endeavour Silver reported Q2 adjusted EPS of -$0.03 versus consensus at $0.01.

Operating Costs

Operating costs of $66M exceeded the forecast, impacted by plant maintenance at Bolanitos.

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 sale of silver and gold produced from its mining operations. The company mines high-grade silver and gold ore, which is then processed to extract the metals. Revenue streams include direct sales of refined silver and gold bars to various customers, including bullion dealers and industrial users. Additionally, the company benefits from rising precious metal prices, which directly impact its profitability. Endeavour Silver may also engage in strategic partnerships with other mining companies or stakeholders to enhance its operational capabilities and market reach, as well as explore joint ventures that can lead to further revenue opportunities. The efficient management of mining operations and cost control measures also contribute to the company's overall financial success.

Endeavour Silver Financial Statement Overview

Summary

Endeavour Silver faces significant profitability challenges, with negative net income and declining margins. While the balance sheet shows manageable leverage, the negative return on equity highlights profitability issues. Cash flow management is a concern, with negative free cash flow growth and poor cash flow coverage ratios. Overall, the company needs to address profitability and cash flow issues to improve its financial health.

Income Statement

Endeavour Silver has experienced fluctuating revenue growth with a recent uptick of 13.95% in TTM. However, profitability metrics are concerning, with a negative net profit margin of -29.10% and declining EBIT and EBITDA margins. The company faces challenges in maintaining consistent profitability, which impacts its overall income statement performance.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.27, indicating manageable leverage. However, the return on equity is negative at -14.24%, reflecting poor profitability relative to shareholder equity. The equity ratio remains stable, suggesting a solid asset base, but profitability issues weigh down the overall score.

Cash Flow

Cash flow analysis reveals a negative free cash flow growth rate and a concerning free cash flow to net income ratio of -7.80. Operating cash flow remains positive but insufficient to cover net income losses. The company struggles with cash flow management, impacting its financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	247.75M	217.64M	205.46M	210.16M	165.32M	138.46M
Gross Profit	40.81M	42.08M	36.61M	51.52M	36.37M	27.34M
EBITDA	-17.69M	10.03M	37.92M	50.23M	31.55M	28.73M
Net Income	-69.64M	-31.48M	6.12M	6.20M	13.96M	1.16M
Balance Sheet
Total Assets	995.89M	719.25M	474.81M	399.44M	294.02M	210.59M
Cash, Cash Equivalents and Short-Term Investments	52.80M	107.50M	40.42M	92.04M	114.50M	65.85M
Total Debt	136.61M	120.24M	9.53M	15.58M	11.49M	10.77M
Total Liabilities	466.81M	234.81M	88.47M	83.54M	56.62M	51.52M
Stockholders Equity	529.09M	484.44M	386.34M	315.89M	237.41M	159.07M
Cash Flow
Free Cash Flow	-161.88M	-176.27M	-106.02M	-54.72M	-30.63M	13.43M
Operating Cash Flow	28.54M	19.11M	11.77M	54.99M	23.46M	38.96M
Investing Cash Flow	-254.08M	-183.46M	-108.00M	-111.45M	-38.01M	-29.81M
Financing Cash Flow	210.11M	236.00M	48.92M	36.76M	56.65M	27.54M

Endeavour Silver Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 8.3 is above the 20-day moving average (MA) of 7.99, above the 50-day MA of 7.57, and above the 200-day MA of 6.10, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 56.84 is Neutral, neither overbought nor oversold. The STOCH value of 55.47 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
Sector *	62 Neutral	$10.36B	6.35	0.80%	2.84%	3.10%	-36.03%
ITR	60 Neutral	C$599.96M	39.58	16.08%	―	―	―
EDR	52 Neutral	$2.41B	―	-14.53%	―	14.41%	-350.79%
ASM	―	$637.01M	38.64	11.47%	―	―	―
SLVR	47 Neutral	C$320.67M	―	-5.11%	―	―	-51.25%
GLGDF	―	$600.21M	54.69	3.81%	―	―	―
ABBRF	―	$674.67M	―	-79.33%	―	―	―

Endeavour Silver Corporate Events

Endeavour Silver Reports Strong Q2 2025 Results Amid Strategic Expansion

Endeavour Silver Corp. reported strong financial results for Q2 2025, marked by increased silver equivalent production and significant revenue growth. The successful integration of Minera Kolpa and the nearing commercial production of Terronera have expanded the company’s resource base and production capacity, positioning it for sustainable growth. Despite operating losses during Terronera’s commissioning phase, Endeavour maintained costs below guidance and ended the quarter with a solid cash position, indicating robust financial health and strategic positioning in the market.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$10.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Advances Terronera Mine Startup with Increased Milling Rates

Endeavour Silver has reported significant progress at its Terronera mine in Jalisco, Mexico, with milling rates reaching an average of 1,841 tonnes per day in July. The company is optimizing its processes to improve silver and gold recoveries, and plans to introduce higher-grade material soon, which is expected to enhance recoveries further. The successful startup of the Terronera mine positions Endeavour for sustainable production levels and strengthens its industry positioning as it aims for commercial production.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$10.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

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.