Endeavour Silver produces 4.9M oz. silver, 53K oz. gold in 2017
Jan. 10, 2018 9:26 AM ET|About: Endeavour Silver Corp. (EXK)|By: Carl Surran, SA News Editor
Endeavour Silver (NYSE:EXK) +2.5% premarket after reporting 2017 silver production of 4.9M oz. and gold production of 53K oz., meeting the company’s revised guidance on silver and exceeding revised guidance on gold; EXK says silver equiv. production of 8.9M oz. approached the top end of revised guidance.
For Q4, silver production rose 32% Y/Y to nearly 1.44M oz. and gold production gained 28% to 14,577 oz., with silver equiv. output of 2.5M oz.
"After a tough start to the year in the first quarter, Endeavour posted three consecutive quarters of improved production, making the fourth quarter our best of the year. Ore grades and throughput both improved in the second half," the company says.