Endeavour Silver jumps 10% on Q2 2025 production results

[Redator]

Endeavour Silver (NYSE: EXK; TSX: EDR) closed in on a 52-week high on Wednesday after the Canadian miner reported its operating results for the second quarter of 2025.

The Q2 results are highlighted by approximately 1.48 million oz. of silver production and 7,755 oz. of gold, equating to total silver-equivalent production of 2.5 million oz.

The silver output, says Endeavour, was in line with plan and 13% higher than the first quarter, owing to the addition of a third producing mine at Kolpa.

In April, the company announced the acquisition of the Kolpa mine in Huancavelica, Peru, in a $145 million deal to bolster its Mexico-based portfolio. Chief executive Dan Dickson said at the time that the acquisition would bring Endeavour closer to becoming a senior silver producer, with a material increase in its production profile.

Excluding Kolpa, however, Endeavour’s consolidated silver production was 16% lower than Q2 2024, due to decreases in production at its Guanaceví and Bolañitos mines. Gold production, too, was lower by 26% as a result of the mines’ underperformance.

Meanwhile, a third mine could be on its way to production in Mexico. During the recent quarter, commissioning of the Terronera project continued to progress steadily, said Endeavour, adding that it expects to gradually ramp up throughput to design capacity in early Q3.

“The integration of Kolpa is progressing smoothly, with output already trending above initial expectations,” Dickson said in a press release Wednesday. “At the same time, Terronera continues to move steadily toward commercial production.”

Shares of Endeavour Silver jumped nearly 10% to $7.28 apiece by 12:30 ET, near a 52-week high of C$7.87. The Toronto-based precious metals miner has a market capitalization of C$2.1 billion.