Silver price decline in the second quarter weakens the earnings performances of the silver mining stocks.
Endeavour Silver (EXK) reports soft revenues and a loss for Q2, mainly due to its decision to hold a certain amount of silver in its inventory amid the prevailing lower silver prices.
VANCOUVER, British Columbia, Aug. 09, 2022 (GLOBE NEWSWIRE) -- This news release has been amended to reflect the correct estimate for the Company’s 2022 All-in Sustaining Cost estimate of $20- $21 per ounce in the 2022 Revision to Guidance Section. Complete corrected text follows: Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to announce its financial and operating results for the three and six months ended June 30, 2022. As a result of the Company’s stro