Higher Prices Boost Endeavour Silver’s Profits

Reuters reported that Endeavour Silver (NYSE:EXK) said increased output and higher silver prices helped the company to a 35% quarterly profit increase.

As quoted in the market news:

Net profit for the first quarter jumped to $19.8 million, or 23 cents per share, from $485,000, or 1 cent per share, a year ago. Endeavour Silver’s adjusted profit rose to $19.6 million, or 22 cents per share, from $14.5 million, or 18 cents per share, in the year-ago period.

Click here to read the full Reuters report.