EXKNYSEGold and Silver OresUS GAAP · USD

Endeavour Silver Corporation

Endeavour Silver Corp. is a precious-metals mining company focused on the acquisition, exploration, development, extraction, processing, refining, and reclamation of silver properties. The company operates mines and development projects in Mexico and Peru, and also conducts exploration in Chile and the United States.

Liikevaihto468milj. USD
+114,8 %v/v
Liikevoitto (EBIT)35,7milj. USD
+328,5 %v/v
EBIT-marginaali7,6%
+3,8 %-yks.v/v
Nettotulos−119milj. USD
−278,4 %v/v
Vapaa kassavirta−102milj. USD
+42,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−1000100200300400500milj. USD2020: 138 milj. USD2020: EBIT −0,79 milj. USD20202021: 165 milj. USD2021: EBIT 22 milj. USD20212022: 210 milj. USD2022: EBIT 23 milj. USD20222023: 205 milj. USD2023: EBIT 8,7 milj. USD20232024: 218 milj. USD2024: EBIT 8,3 milj. USD20242025: 468 milj. USD2025: EBIT 36 milj. USD202546836
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Silver production70 %

Mining and processing silver-bearing ore into payable metal products.

By-product metals15 %

Production of associated metals recovered alongside silver from ore bodies.

Mine development10 %

Advancing mines and projects through construction, ramp-up, and optimization.

Exploration and evaluation5 %

Drilling and geological work to extend mine life and add resources.

Asiakkaat

Endeavour Silver sells mined metal products into the metals and refining value chain rather than to end consumers. Its customers are typically smelters, refiners, bullion-related counterparties, and metal purchasers that take delivery of silver and associated concentrates from operating mines.

Smelters and refiners

Buy concentrate and ore output for downstream processing into payable metals.

Metal traders

Purchase silver-linked production for sale into broader metals markets.

Bullion value chain

Indirect end-market demand that supports pricing and offtake for silver output.

Project acquirers and partners

Relevant for the company's acquisition and advancement of silver assets.

Strategia

Endeavour Silver's strategy is to build a larger silver production base by operating existing mines, optimizing ramp-up assets, and advancing development projects. The company also uses exploration and acquisitions to extend mine life and replace reserves, which is central to sustaining a long-duration precious-metals business.

Ramp-up and optimization of TerroneraLyhyt aikaväli

Brings a new operating mine into steady-state output and expands the production base.

Strengthen production base in Peru and MexicoKeskipitkä aikaväli

Diversifies mine-level risk and supports a more resilient silver portfolio.

Advance Pitarrilla toward developmentKeskipitkä aikaväli

Adds a larger pipeline project that can support future production growth.

Extend mine life through explorationPitkä aikaväli

Resource replacement is needed to sustain long-term silver output.

Maantiede

The company is headquartered in Canada but its operating footprint is centered in Latin America, especially Mexico and Peru. It also maintains exploration activity in Chile and the United States, which broadens its pipeline while keeping execution and permitting risk concentrated in mining jurisdictions.

Riskit

The company is exposed to mine ramp-up, operating, and development risk because a large part of value creation depends on bringing assets into stable production and sustaining output. It also faces jurisdictional, metal-price, and reserve-replacement risk, which are common to precious-metals miners and can materially affect cash generation and asset value.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Ramp-up and optimization risk at Terronera1Silver price volatility2Jurisdictional and permitting risk3Reserve and resource depletion4Foreign exchange and operating cost inflation5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Ramp-up and optimization risk at TerroneraVaikutus: KorkeaTodennäköisyys: Korkea

    New mines often underperform design assumptions until throughput and grades stabilize.

    Kohdistuu: Operating production and mine plans

  2. Silver price volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Revenue and project economics are highly sensitive to spot metal prices.

    Kohdistuu: Sales realizations and development returns

  3. Jurisdictional and permitting riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Mining operations depend on local permits, approvals, and community support.

    KohdistuuMexicoPeruChile
  4. Reserve and resource depletionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Mine life depends on successful exploration, replacement, and conversion of resources.

    Kohdistuu: Existing mines and pipeline projects

  5. Foreign exchange and operating cost inflationVaikutus: KeskitasoTodennäköisyys: Korkea

    Costs are incurred in local currencies while revenue is tied to U.S. dollar metals pricing.

    Kohdistuu: Latin American operations

Kirjanpito

Harkinnanvaraiset erät
Mineral property impairment

Mine and project values depend on metal prices, reserves, and development success.

Vaikutus: Can create material non-cash write-downs

Depletion and depreciation

Expense recognition depends on estimated recoverable ounces and asset lives.

Vaikutus: Affects reported operating costs and earnings

Reclamation and closure provisions

Mining businesses must estimate future site restoration and closure costs.

Vaikutus: Changes can move liabilities and expenses

Quarterly production timing

Ramp-up mines and grade variability can shift revenue and cost recognition between quarters.

Vaikutus: Reduces comparability across periods

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026