Endeavour Silver (EDR) AI Stock Analysis

• Market Cap: $3.21B
• Dividend Yield: N/A
• Average Volume (3M): 1.76M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.83
• Revenue Growth: 50.37%
• EPS Growth: -191.85%
• Country: CA
• Employees: 1,539
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 290,171,230
• 10 Day Avg. Volume: 1,258,534
• 30 Day Avg. Volume: 1,763,971
• PEG Ratio: 0.05
• Price to Book (P/B): 1.86
• Price to Sales (P/S): 4.14
• P/FCF Ratio: -5.11
• Enterprise Value/Market Cap: 1.03
• Enterprise Value/Revenue: 13.39
• Enterprise Value/Gross Profit: 81.26
• Enterprise Value/Ebitda: -187.50
• 1Y Price Target: $14.90
• Price Target Upside: 30.26% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: C$10.00 ▼(-12.59% Downside)

Endeavour Silver's overall stock score is primarily impacted by its financial performance, which is weighed down by significant profitability and cash flow challenges. Technical analysis indicates bearish momentum, further affecting the score. Valuation is unattractive due to a negative P/E ratio and lack of dividend yield. While the earnings call highlighted growth and production milestones, these were offset by increased costs and net losses, resulting in a balanced sentiment.

Positive Factors

Revenue Growth

Strong revenue growth driven by higher metal prices and increased production indicates robust demand and effective operational scaling.

Production Expansion

Achieving commercial production at Terronera enhances production capacity, supporting long-term growth and operational efficiency.

Exploration Success

Positive exploration results at Culpa suggest potential for resource expansion, strengthening future production capabilities.

Negative Factors

Profitability Challenges

Ongoing profitability issues, with negative net income and margins, could hinder financial stability and long-term growth.

High Operating Costs

Rising all-in sustaining costs due to exploration and capital investments may pressure margins and reduce competitiveness.

Cash Flow Management

Negative free cash flow growth indicates cash management issues, potentially limiting financial flexibility and investment capacity.

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. The company operates several mines in Mexico, where it extracts precious metals and sells them in the global market. Key revenue streams include the direct sale of mined silver and gold products, as well as potential by-products from its mining operations. Additionally, Endeavour Silver benefits from rising precious metal prices, which can significantly impact its earnings. The company may also engage in hedging strategies to manage price volatility. Partnerships with various suppliers and service providers in the mining industry contribute to its operational efficiency and cost management, further supporting its revenue generation.

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	47.86M	51.83M	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	120.86M	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: 11.44
• 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 11.44 is above the 20-day moving average (MA) of 11.40, above the 50-day MA of 10.54, and above the 200-day MA of 7.30, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.21 is Neutral, neither overbought nor oversold. The STOCH value of 70.97 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	C$1.05B	32.72	14.35%	―	65.77%	458.38%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ITR	60 Neutral	C$638.83M	42.14	16.08%	―	―	―
GGD	57 Neutral	C$856.41M	55.98	3.81%	―	110.25%	―
EDR	47 Neutral	$3.21B	―	-20.46%	―	50.37%	-191.85%
SLVR	47 Neutral	C$293.27M	-53.72	-5.11%	―	―	-51.25%
ABRA	41 Neutral	$1.19B	―	-79.33%	―	―	-193.85%

Endeavour Silver Corporate Events

Endeavour Silver Reports Strong Q3 2025 Results

Endeavour Silver Corp. is a mid-tier silver producer operating four mines in Mexico and Peru, with a focus on exploration projects across the Americas, aiming to become a leading senior silver producer.

Endeavour Silver Reports Strong Q3 2025 Financial Results

Endeavour Silver Corp. released its condensed consolidated interim financial statements for the period ending September 30, 2025, highlighting a significant increase in revenue compared to the previous year. The company reported a revenue of $142.8 million for the three months ended September 30, 2025, up from $53.4 million in the same period in 2024, reflecting strong operational performance. Despite increased costs, the company achieved mine operating earnings of $15.6 million, showcasing its ability to manage expenses effectively. This financial performance indicates a robust position in the market, potentially benefiting stakeholders and enhancing Endeavour Silver’s industry standing.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Reports Strong Q3 2025 Results with Significant Production Growth

On November 7, 2025, Endeavour Silver Corp. announced its financial results for Q3 2025, highlighting a significant increase in production and revenue. Silver equivalent production rose by 88% year-over-year, and operating cash flow more than doubled. The company achieved commercial production at its Terronera mine in October, contributing to future growth prospects. Despite higher operating costs due to increased royalties and third-party material costs, Endeavour reported strong mine operating cash flow and a robust cash position, indicating a positive outlook for stakeholders.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Achieves Commercial Production at Terronera Mine

Endeavour Silver Corp. announced on October 16, 2025, that it achieved commercial production at its Terronera mine in Jalisco, Mexico, effective October 1, 2025. The mine successfully ramped up operations to exceed 90% of its designed capacity and projected metal recoveries. The company forecasts processing approximately 360,000 tonnes over the next six months, with plans to access higher-grade zones by mid-2026, potentially enhancing production further.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$19.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Achieves Commercial Production at Terronera Mine

Endeavour Silver Corp. announced the commencement of commercial production at its Terronera mine in Jalisco, Mexico, effective October 1, 2025. This milestone follows a successful commissioning phase where operations exceeded 90% of the designed capacity and metal recoveries. The achievement is set to bolster Endeavour’s growth, reinforcing its position as a leading mid-tier silver producer. The company plans to process approximately 360,000 tonnes over the next six months, with higher-grade zones expected to enhance production by mid-2026.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$19.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Reports Strong Q3 2025 Production and Nears Terronera Launch

Endeavour Silver Corp. reported strong production results for the third quarter of 2025, with 1,766,926 ounces of silver and 7,286 ounces of gold produced, totaling 3.0 million silver equivalent ounces. The company’s operations, including Guanaceví, Bolañitos, and Kolpa mines, showed consistent performance, with Kolpa contributing significantly to the increased silver production. The Terronera project is nearing commercial production, indicating potential future growth. The company’s production was notably higher compared to the same period in 2024, driven by increased throughput and improved silver grades, although gold production saw a decline due to lower grades at Bolañitos.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver Reports Promising Drill Results at Kolpa Mine

Endeavour Silver Corp. announced positive drill results from its exploration program at the Kolpa Mine in Peru, revealing high-grade silver-lead-zinc mineralization. The discovery of significant mineral zones, particularly in the Poderosa West and Caudalosa Chica veins, highlights the potential for further resource development and positions the company for future growth. The management is planning a systematic exploration program to capitalize on these findings, which could enhance the company’s market position and offer promising opportunities for stakeholders.

The most recent analyst rating on (TSE:EDR) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Endeavour Silver stock, see the TSE:EDR Stock Forecast page.

Endeavour Silver’s Earnings Call: Production Up, Challenges Persist

Endeavour Silver’s latest earnings call reveals a company in the midst of significant transformation. While the call highlighted positive strides in production and integration, these advancements were somewhat overshadowed by financial challenges and losses during the commissioning phase of the Terronera project.

Endeavour Silver Reports Strong Q2 2025 Results

Endeavour Silver Corp. is a mid-tier precious metals company focused on sustainable mining practices, operating primarily in Mexico and Peru, with a strategic goal to become a leading senior silver producer. The company recently released its Q2 2025 financial results, showcasing strong production growth, increased revenue, and the successful integration of Minera Kolpa into its operations. Key highlights include a 13% increase in silver equivalent production and a 46% rise in revenue compared to the same period in 2024, driven by higher sales volumes and favorable market prices. Despite these achievements, the company reported a net loss due to operating losses at the Terronera project during its commissioning phase and increased costs associated with the Minera Kolpa acquisition. Looking ahead, Endeavour Silver remains committed to enhancing its production capacity and operational efficiency, with Terronera nearing commercial production and a focus on disciplined capital management to ensure sustainable growth.

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.