Endeavour Silver cites Terronera contribution as driver of higher Q3 2026 mine operating earnings
EXK•Endeavour Silver reported Q3 2026 net earnings of $26.4 million and revenue of $184.5 million, citing higher metal prices and stronger mine earnings. It lowered its 2026 silver production guidance to 7.8 million–8.1 million ounces and raised direct operating cost guidance to $155–$165 per tonne.
1. Q3 results
Endeavour Silver attributed Q3 2026 net earnings of $26.4 million to higher metal prices and stronger mine earnings. Revenue reached $184.5 million as higher realized prices outweighed lower metal sales volumes.
2. Production and guidance
Silver production rose 19%, driven by Terronera's contribution and Kolpa's expansion, partly offset by lower Guanaceví output. Management lowered its 2026 silver production guidance to 7.8 million–8.1 million ounces, citing lower Guanaceví grades, and reduced its gold production outlook.
3. Operating costs
Consolidated direct operating cost guidance increased to $155–$165 per tonne, reflecting delayed Terronera cost savings and blockade-related throughput losses.
