Endeavour Silver - First Quarter Production Exceeds Expectations

Volume 4.78M 52wk Range $3.35 - $7.76 ADVANCED MARKET DATA 609 Granville Street Suite 1130, P.O. Box 10328 Vancouver, V7Y 1G5 CAN https:www.edrsilver.com Understand the RISK First Quarter Production Exceeds Expectations Mark Reichman, Senior Research Analyst, Natural Resources - Media Inquiries Fundamental Analysis RatingMarket Perform Refer to the end of the Report for Analyst Certification and Disclosures Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (BD). This report is provided on Channelchek for informational purposes only and should not be used to make investment decisions. BD is not an investment advisor and as such, offers no advice or recommendation to buy or sell any securities. Consult an investment advisor who has a fiduciary responsibility to manage your assets in your best interest and who can help determine investment suitability for you. Refer to Disclosures & Disclaimers for more detail. April 12, 2022 - ANALYST SUMMARY Price as of Publication: $4.97 | Price Target: $0.00 First quarter production ahead of our estimates. Compared to the prior year period, first quarter silver production increased 25% to 1,314,955 ounces, while gold production declined 22% to 8,695 ounces. We had forecast silver and gold production of 1,143,597 ounces and 8,399 ounces, respectively. The company sold 1,717,768 ounces of silver and 8,381 ounces of gold. Payable silver and gold ounces produced amounted to 1,303,540 and 8,549 ounces, respectively. Both Guanacevi and Bolanitos outperformed our forecast due to higher silver grades at both mines and higher gold grades at Guanacevi. Compared to the fourth quarter of 2021, silver and gold production declined 9% and 8%, respectively. At quarter end, Endeavour held 608,788 ounces of silver and 1,911 ounces of gold in bullion inventory and 59,594 ounces of silver and 1,931 ounces of gold in concentrate inventory. Updating estimates. Our 2022 first quarter and full year EPS estimates have been increased to $0.05 and $0.15, respectively, compared to our previous estimates of $0.04 and $0.14. First quarter and full year 2022 EBITDA estimates have been raised to... Read More >>

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Endeavour Silver Announces 2024 Annual General Meeting Voting Results

Endeavour Silver Announces 2024 Annual General Meeting Voting Results

 

Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) is pleased to announce that shareholders voted in favour of all items of business at the Company's 2024 Annual General Meeting ("AGM") held on May 28, 2024 in Vancouver. A total of 104,090,503 votes were cast or represented by proxy at the AGM, representing 43.31% of the outstanding common shares as of the record date. The following is a tabulation of the votes submitted by proxy:

 
                                                    
  DIRECTORS  

  NUMBER   OF   SHARES    PERCENTAGE   OF   VOTES   CAST  
  FOR    WITHHELD/  
ABSTAIN  
  FOR    WITHHELD  
Rex J. McLennan 50,212,585 11,699,944 81.10% 18.90%
Margaret M. Beck 61,370,134 542,396 99.12% 0.88%
Ricardo M. Campoy 61,455,874 456,656 99.26% 0.74%
Daniel Dickson 61,461,186 451,345 99.27% 0.73%
Amy Jacobsen 61,364,651 547,879 99.12% 0.88%
Kenneth Pickering 53,516,716 8,395,815 86.44% 13.56%
Mario D. Szotlender 61,428,282 484,248 99.22% 0.78%
Angela Johnson 61,333,538 578,992 99.06% 0.94%
     
 

All director nominees were re-elected, including the addition of Angela Johnson to the Board of Directors (see news release dated April 18, 2024 ) to fill vacancy left by the retirement of Christine West.

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While silver has often been seen as a more approachable precious metal owing to its lower per ounce price, its performance has lagged gains seen in the gold price over the past few years. However, silver stole some of the spotlight in the second quarter of 2025 as it saw significant gains on the back of geopolitical tension and economic uncertainty from the US trade and tariff policy.

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