EXK

Avino Silver & Gold Mines Ltd. ASM posted adjusted earnings of 14 cents per share for the first quarter of 2026, topping the Zacks Consensus Estimate of 7 cents. Quarterly revenues came in at a record $39.4 million, surging 109% year over year and surpassing the Zacks Consensus Estimate of $35 million. Results reflected stronger realized metal pricing and an improved operating performance. Including one-time items, the company registered earnings of 9 cents per share compared with earnings of 4 cents in the year-ago quarter. Avino Silver price-consensus-eps-surprise-chart | Avino Silver Quote Payable silver-equivalent sold dipped 15% year over year to 483,724 ounces. The company recorded cash costs of $24.46 per silver-equivalent payable ounce, a 94% rise from $12.62 in the year-ago quarter. Consolidated all-in sustaining costs were $34.72 per silver payable equivalent ounce compared with $20.08 in the fourth quarter of 2025. Mine operating income reached $23.4 million, soaring 122% from the year-ago quarter, indicating that the company captured meaningfully higher per-ounce economics even as production metrics were mixed. EBITDA of $25.5 million recorded a 163% year-over-year upsurge, reflecting stronger margins as revenues scaled. Operationally, the company leaned on processing performance. Tons milled increased 11% year over year to 185,497, which management attributed to improved mill throughput tied to targeted upgrades and automation initiatives. Production volumes, however, were mixed. Silver-equivalent ounces produced totaled 568,112, down 10% from the year-ago quarter. Within that, silver ounces produced dipped 1% year over year to 263,057, while gold ounces produced declined 17% to 1,851 and copper pounds produced fell 16% to 1.34 million. Avino Silver highlighted progress at La Preciosa, wherein development production contributed 49,830 silver ounces. The company also reiterated planned drilling activity for 2026, targeting 15,000 meters at La Preciosa with 2,600 meters completed by the quarter-end. Cash generation and liquidity improved materially. Cash provided by operating activities was $13.6 million, a sharp jump from $0.8 million a year ago, reflecting higher profitability and operating cash creation. The balance sheet also strengthened. Cash ended the quarter at $139 million, up from $102 million at the end of 2025. The company reported wor...

Avino Silver & Gold Mines Ltd. ASM is anticipated to deliver a flat year-over-year bottom line despite higher revenues when it reports first-quarter 2026 results on Wednesday. The Zacks Consensus Estimate for Avino Silver’s first-quarter revenues is $35.1 million, which indicates a year-over-year surge of 86.3%. The consensus mark for earnings has moved south in the past 60 days to seven cents per share. Image Source: Zacks Investment Research ASM’s bottom line beat the Zacks Consensus Estimate in the trailing four quarters. Over the same period, the company recorded an average earnings surprise of 133%. Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for Avino Silver this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, but that is not the case here. Earnings ESP: The Earnings ESP for ASM is 0.00%. You can uncover the best stocks before they are reported with our Earnings ESP Filter. Zacks Rank: Avino Silver currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here. Last month, ASM provided its first-quarter production update, which may show how it is likely to have fared in the to-be-reported quarter. Silver-equivalent production was 568,112 ounces, which was down 10% from the first quarter of 2025. The decrease was attributed to planned mining sequencing into lower-grade areas. Gold production was down 17% to 1,851 ounces. Copper production plunged 16% from the year-ago quarter to 1.34 million pounds. Silver production dipped 1% year over year to 263,057 ounces. With 49,830 silver ounces, development production from La Preciosa came above its fourth-quarter 2025 production levels. Avino Silver stands to benefit from the higher metal prices in the quarter. After a strong performance in 2025, gold and silver prices remain strong in 2026, driven by increased geopolitical tensions, a depreciating U.S. dollar, the potential for monetary policy easing, continuous purchasing by central banks and tariff conditions. Copper prices also strengthened in the quarter. Increased metal prices and higher La Preciosa volumes, somewhat offset by lower production of gold and copper, are expected to get reflected in ASM’s top-line results. However, these gains are likely to ha...

Interested in Endeavour Silver Corporation? Here are five stocks we like better. Endeavour Silver reported record Q1 2026 production and revenue, with nearly 2 million ounces of silver and total output up 78% year over year to 3 million silver-equivalent ounces. Revenue jumped 230% to $210 million, and adjusted net earnings came in at $59 million, or $0.21 per share. Costs remained elevated, with all-in sustaining costs at $37 per ounce, up from a year ago but 9% lower than Q4 2025 as Terronera ramped up and efficiencies improved. Management said higher metal prices also affect per-ton costs across its mines. Growth is being driven by Kolpa and Terronera, while Guanaceví continues to generate cash and Pitarrilla remains on track for a 2026 economic evaluation. Endeavour ended the quarter with more than $232 million in cash and expects a stronger second half as operations mature. Silver Prices Up, But Endeavour’s Profit Still Elusive Endeavour Silver (NYSE:EXK) reported what CEO Dan Dickson described as “excellent results” for the first quarter of 2026, citing record production and revenue as the company benefited from the additions of Kolpa and Terronera to its production portfolio. On the company’s earnings call, Dickson said Endeavour produced nearly 2 million ounces of silver and 12,000 ounces of gold in the quarter, with base metals bringing total production to 3 million silver equivalent ounces. That represented a 78% increase from the first quarter of 2025. → Wells Fargo’s Comeback Is Real—But Not Risk-Free Top 3 Silver Picks to Watch as Bull Market Gains Steam Revenue rose 230% year over year to $210 million. Endeavour reported cost of sales of $116 million, mine operating earnings of $94 million and mine operating cash flow before taxes of $115 million, which Dickson said was a 400% increase from the prior-year quarter. Adjusted net earnings were $59 million, or $0.21 per share. Dickson said all-in sustaining costs, net of byproduct credits, were $37 per ounce during the quarter, up 51% from the first quarter of 2025, when Kolpa and Terronera were not yet part of Endeavour’s production base. However, he noted that costs were 9% lower than in the fourth quarter of 2025, primarily due to the ramp-up of Terronera and improving operating efficiencies. → Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance The CEO said both direct operating costs per to...

This article first appeared on GuruFocus. Release Date: May 07, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Endeavour Silver Corp (NYSE:EXK) set new records in both production and revenue for Q1 2026, with a 78% increase in silver equivalent ounces produced compared to Q1 2025. The company reported a significant revenue increase of 230% year-over-year, reaching $210 million. Mine operating earnings rose to $94 million, with a mine operating cash flow of $115 million before taxes, marking a 400% increase from Q1 2025. The Copa plant expansion is substantially complete, and Ternaro's operations are performing near design expectations, indicating strong operational progress. Endeavour Silver Corp (NYSE:EXK) has a strong cash position of over $232 million and working capital exceeding $173 million, providing a stable foundation for future initiatives. All-in sustaining costs net of byproduct credits increased by 51% compared to Q1 2025, reaching $37 per ounce. Direct operating costs per ton rose by 30% in Q1 compared to the previous year, due to the inclusion of higher-cost assets like Coppa and Ternera. The company faces pressures in Peru related to attracting and retaining skilled labor, impacting labor costs and overall efficiencies. Endeavour Silver Corp (NYSE:EXK) has not yet transitioned its power generation to the LNG plant, which is expected to occur by the end of the current quarter. There are concerns about potential delays in obtaining necessary permits for the Pithoria project, which could impact future construction timelines. Warning! GuruFocus has detected 5 Warning Signs with EXK. Is EXK fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide insights on the grades at Terranera for the second quarter and beyond? A: Dan Dixon, CEO: The grades in Q1 and Q2 are similar, with Q2 expected to be slightly higher. The significant step-up in grade is anticipated in Q3 and into Q4. Q: What lessons have you learned from the Terranera ramp-up that could be applied to future projects like Pithoria? A: Dan Dixon, CEO: The Terranera build-out taught us valuable lessons, especially since it was our first build from scratch. We've conducted a post-mortem review to improve processes and protocols. Continuity is key, and with experienced personnel like Luis Castro, we are better p...

Image source: The Motley Fool. Thursday, May 7, 2026 at 1:00 p.m. ET Chief Executive Officer — Dan Dickson Need a quote from a Motley Fool analyst? Email [email protected] Dan Dickson: Thank you, Allison, and welcome, everyone. Endeavour Silver delivered excellent results in the first quarter of 2026, setting new records in both production and revenue. The strong performance generated significant cash flow, underscoring the company's remarkable growth trajectory. With the [ Cubo ] plant expansion substantially complete and Terronera's operations performing near design expectations, we are entering an exciting phase for the company, and we look forward to building on this momentum as we progress throughout the year. In Q1, Endeavour produced nearly 2 million ounces of silver and 12,000 ounces of gold with base metals, totaling 3 million silver equivalent ounces. This represents a 78% increase compared to Q1 2025 with the additions of [ Copa ] and Terronera. We reported revenue of $210 million, an increase of 23% compared to prior year with cost of sales of $160 million, mine operating earnings of $94 million and mine operating cash flow of $115 million before taxes, a 400% increase from Q1 2025. Our all-in sustaining costs net of byproduct credits were $37 this quarter. This represents a 51% increase compared to Q1 2025 when [ Copa ] and Terronera had not yet joined Endeavour's production portfolio. It's also worth noting that these costs were 9% lower than Q4 2025 primarily due to the ramp-up of operations at Terronera with gained efficiencies throughout the quarter, and we anticipate further reductions in these costs as we continue to optimize operations throughout the year and capital expenditures become normalized. In Q1, Endeavor recognized adjusted net earnings of $59 million or an adjusted earnings per share of $0.21. Both direct operating cost per tonne and direct costs per tonne were elevated this quarter. To clarify how we define these costs, our direct operating cost per tonne include direct input costs associated with mining, milling and site level G&A. Our depiction of direct costs per tonne includes royalties, mining duties and purchase of third-party material. Changes in the metal prices have a meaningful impact on our direct cost per ton. For an example, a $1 increase in silver, cost per tonne rise by about $0.90 at Terronera, Guanacevi is $3.80 and...

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Endeavour Silver Corp. (EXK) on Wednesday reported profit of $64.9 million in its first quarter. The Vancouver, British Columbia-based company said it had net income of 21 cents per share. The silver mining company posted revenue of $209.7 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXK at https://www.zacks.com/ap/EXK

Endeavour Silver (EXK) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.1 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +110.00%. A quarter ago, it was expected that this silver mining company would post earnings of $0.03 per share when it actually produced earnings of $0.02, delivering a surprise of -33.33%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Endeavour Silver, which belongs to the Zacks Mining - Silver industry, posted revenues of $209.7 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 34.62%. This compares to year-ago revenues of $63.5 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Endeavour Silver shares have lost about 8.6% since the beginning of the year versus the S&P 500's gain of 6%. While Endeavour Silver has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Endeavour Silver was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of tod...

Production growth of 78% year-over-year was driven by the successful integration of the Copa and Terronera assets into the production portfolio. Terronera is transitioning from a construction and start-up phase to a steady-state operations team, with plant metrics currently performing near design expectations. The Cubo plant expansion is substantially complete, with a new three-stage crusher and ball mill increasing capacity to above 2,500 tonnes per day. Guanacevi's performance remains robust, generating over $20 million in free cash flow despite higher operating costs caused by lower throughput and increased royalties. Management attributes elevated direct operating costs to the initial inclusion of new assets and inflationary pressures on skilled labor in Peru. Operational efficiencies at Terronera improved throughout the quarter as the site settled into a consistent rhythm, offsetting early-stage start-up costs. Management expects a significant step-up in ore grades at Terronera during the second half of the year, specifically in late Q3 and Q4. All-in sustaining costs (AISC) are anticipated to trend lower as one-time capital investments dissipate and operations continue to optimize. The company plans to commission the LNG vaporization plant at Terronera before the end of Q2 to transition power generation and improve cost structures. An economic evaluation for the Pitarrilla project is targeted for release in the third quarter of 2026, focusing on an underground sulfide operation. Capital allocation remains focused on growth, with cash flows earmarked for the potential $500 million to $600 million construction of Pitarrilla starting in 2027. Security risks in Mexico remain a factor; a 'code red' in Jalisco during February led to a three-day operational shutdown to ensure employee safety. Permitting timelines in Mexico are described as 'sticky,' with management expressing caution regarding the Q1 2027 target for the Pitarrilla tailings storage permit. The Bolanitos operation was sold in January, reflecting a strategic exit from the Guanajuato region to focus on higher-margin assets. Direct costs per tonne are highly sensitive to metal prices due to royalty structures, with a $1 silver increase adding approximately $3.80 per tonne at Guanacevi. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll s...

VANCOUVER, British Columbia, May 06, 2026 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces its financial and operating results for the three months ended March 31, 2026. The Company will host a conference call to discuss these results on Thursday, May 7 at 10:00am PT/1:00pm EDT; details are provided further in this news release. All dollar amounts are in US dollars ($). “Endeavour delivered exceptional results in the first quarter of 2026, with increased production driving strong quarterly growth,” said Dan Dickson, Chief Executive Officer. “We reached new records in both production and revenue, underscoring the strength of our operations, the dedication of our team and the benefit of robust silver and gold prices. The Company’s operating cash flow also saw significant growth.” “With a solid financial foundation and the successful completion of the Kolpa plant expansion and Terronera operating near design criteria, Endeavour is well positioned to achieve its production goals for the remainder of the year. These results highlight our commitment to operational excellence while creating lasting value for our shareholders.” Q1 2026 Highlights Higher Production Fuels Quarterly Growth: Consolidated production of 1,875,375 ounces (“oz”) Silver and 11,740 oz Gold for 3.3 million oz silver equivalent (“AgEq”)(1). Production was 78% higher than the same period in 2025. Record Ounces Sold with Record Realized Prices: $209.7 million from the sale of 1,642,220 oz of silver and 10,942 oz of gold at average realized prices of $85.95 per oz silver and $5,035 per oz gold as well as from sales of base metals. Revenue is 230% higher than in the same period in 2025. Strong Mine Operating Cash Flow: $114.6 million in mine operating cash flow before taxes(2), 419% higher than the same period in 2025. Steady Operating Costs: Cash costs(2) of $22.54 per oz payable silver and all-in sustaining costs(2) of $37.03 per oz, net of by-product credits compared to $19.05 and $41.19, respectively, in Q4 2025. Strong Cash Position: $231.8 million in cash as of March 31, 2026. Higher Production Capacity: Plant expansion at Kolpa has been completed with throughput expected to be in line with guidance for the remainder of 2026. Bolañitos Sale Finalized: On January 15, 2026, the Company completed the sale of the Bolañitos silver and gold m...

Pan American Silver Corp. PAAS is scheduled to report first-quarter 2026 results on May 5, after market close. The Zacks Consensus Estimate for Pan American Silver’s first-quarter total sales is pegged at $1.25 billion, indicating a 61.1% surge from the year-ago quarter’s actual. The consensus mark for earnings has been unchanged in the past 60 days at $1.06 per share. This suggests a 152% year-over-year upsurge from earnings of 42 cents. Image Source: Zacks Investment Research Pan American Silver’s earnings beat the Zacks Consensus Estimates in three of the trailing four quarters and missed in one, the surprise being 37.5%, on average. The trend is shown in the chart below. Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for Pan American Silver this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. Earnings ESP: PAAS has an Earnings ESP of 0.00%. You can uncover the best stocks before they are reported with our Earnings ESP Filter. Zacks Rank: The company currently has a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here. Pan American Silver maintained a strong operational footing in 2025, delivering a solid performance in all quarters of the year and setting a positive tone for 2026. This offers an insight into its first-quarter performance. Pan American Silver produced a record 7.3 million ounces of silver in the fourth quarter of 2025, reflecting better-than-expected results at the Juanicipio mine. The company produced 6 million ounces of silver in the fourth quarter of 2024. The Zacks Consensus Estimate for PAAS’s first-quarter 2026 silver production is 6.4 million ounces, indicating a 28.4% year-over-year rise. It produced 197.8 thousand ounces in the fourth quarter of 2025. The figure marks a decrease from the 224 thousand ounces produced in the prior-year quarter. The production was impacted by the loss of contribution of the La Arena mine and Dolores. Production at Dolores was down following the cessation of mining operations in July 2024 and the site transitioning into its residual leaching phase. The Zacks Consensus Estimate for PAAS’s first-quarter gold production is 178 thousand ounces, indicating a 10.2% year-over-year decline....

Buenaventura Mining BVN reported first-quarter 2026 production and volume sold from its operating mines. Gold production at the Coimolache mine and gold production at the La Zanja mine were in line with the company’s expectations. The Uchucchacua and Yumpag mines’ silver production surpassed the company’s guidance. Meanwhile, gold production at the Orcopampa and Julcani mines also exceeded BVN’s expectations. Copper and silver production at El Brocal, and silver and lead production at the Tambomayo mine surpassed the company’s guidance for the quarter. Let us dig deeper. In first-quarter 2025, gold production at Orcopampa was 14,992 ounces, up 4.9% from the year-ago quarter. BVN sold 14,971 ounces of gold from the mine in the quarter. BVN expects 2026 production of 42,000-47,000 ounces of gold for the mine. El Brocal produced 10,811 MT of copper, which marked a 10.4% year-over-year decrease. The 2026 copper production guidance is expected to be 48,000-53,000 MT. Buenaventura produced 4,236 ounces of gold from the El Brocal mine in the first quarter, which jumped 8.5% year over year. Silver production rose 38.8% in the quarter under review to 607,751 ounces. In the first quarter, Buenaventura sold 1,826 ounces of gold, 488,534 ounces of silver and 9,960 MT of copper from the El Brocal mine. The company expects 2026 gold production from El Brocal between 15,000 ounces and 17,000 ounces. Silver production is expected at 1.5-1.7 million ounces. Gold production at Tambomayo decreased 2.3% year over year in the first quarter to 2,964 ounces, whereas silver production grew 82.4% to 294,325 ounces. The lead and zinc production at Tambomayo totaled 517 MT and 411 MT, respectively. Lead and zinc output rose 2.8% and fell 22% year over year, respectively. Buenaventura sold 2,667 ounces of gold in the first quarter and 258,557 ounces of silver from Tambomayo. The volume of lead and zinc sold totaled 401 MT and 325 MT. BVN expects 2026 production for gold at 5,000-6,500 ounces and for silver at 0.2-0.3 million ounces. Lead outlook is guided at 0.5-0.6 MT and zinc at 0.8-1 MT. The first-quarter 2026 gold production at the Coimolache mine increased 76% to 23,480 ounces. In the three months ended March 31, 2026, the mine sold 19,656 ounces. The company expects 2026 production of 90,000-100,000 ounces of gold. Julcani’s first-quarter silver production decreased 11.9% year ov...