Endeavour Silver sees 26% y/y decrease in Q2 production

August 4, 2017

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Mexico-focused silver producer Endeavour Silver has reported a 26% year-on-year decrease in silver production for the second quarter ended June 30, while silver ounces sold decreased by 34%. The NYSE- and TSX-listed company said in a statement on Thursday that financial performance during the period was impacted by lower production and increased exploration and development activities compared with the previous year. Endeavour generated revenue totalling $32.7-million  in the period under review, and sold 988 821 oz of silver and 13 058 oz of gold at realised prices of $17.16/oz and $1 270/oz respectively.

Category: General