Endeavour Silver (EXK) Reports Record 2025 Revenue on Surge in Production and Metal Prices

Endeavour Silver Corp. (NYSE:EXK) is one of the best Canadian value stocks to buy. On February 27, Endeavour Silver Corp. reported financial results for the full-year 2025. The company achieved record annual revenue of $467.5 million, which is a 115% increase over 2024, driven by a 48% surge in silver equivalent production to 11 million ounces. This was supported by the commissioning of the Terronera mine, the acquisition of the Kolpa mine, and higher realized metal prices.

Strategically, Endeavour Silver Corp. highlighted the commencement of commercial production at Terronera in October 2025 and the finalization of a definitive agreement to sell the Bolañitos mine. Despite operational successes, the company reported a net loss of $119.1 million for the year, largely attributed to $126.2 million in derivative contract losses and increased finance costs following the start of commercial operations at Terronera.

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In Q4, consolidated cash costs rose to $19.05 per silver ounce, and all-in sustaining costs reached $41.19 per ounce, reflecting the initial high costs of ramping up Terronera and the impact of a stronger Mexican peso. While throughput increased across the portfolio, the company noted that Terronera’s initial efficiency was affected by electrical disruptions, which are currently being addressed through new operational initiatives. Additionally, Endeavour Silver Corp. (NYSE:EXK) briefly paused operations at Terronera in February 2026 due to local security concerns and blockades, though normal activities resumed shortly thereafter.

Endeavour Silver Corp. (NYSE:EXK) is a silver mining company that acquires, explores, develops, extracts, processes, refines, and reclaims mineral properties in Mexico, Chile, Peru, and the US. It explores for gold & silver deposits, and precious metals, as well as polymetals.