Endeavour Silver Full Year 2023 Earnings: EPS: US$0.031 (vs US$0.034 in FY 2022)

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Endeavour Silver (TSE:EDR) Full Year 2023 Results

Key Financial Results

  • Revenue: US$205.5m (down 2.2% from FY 2022).

  • Net income: US$6.12m (down 1.3% from FY 2022).

  • Profit margin: 3.0% (in line with FY 2022).

  • EPS: US$0.031 (down from US$0.034 in FY 2022).

EDR Production and Reserves

Silver

  • Production: 5,672.7 troy koz (5,963.4 troy koz in FY 2022)

  • Proved and probable reserves (ore): 8.574 Mt

  • Number of mines: 2 (2 in FY 2022)

Gold

  • Production: 37.858 troy koz (37.548 troy koz in FY 2022)

  • Proved and probable reserves (ore): 8.574 Mt

  • Number of mines: 2 (2 in FY 2022)

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earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Endeavour Silver Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 25% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Endeavour Silver (1 is significant!) that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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