One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Endeavour Silver Corp.
EXK · NYQ · Basic Materials · Silver
Current price
$8.34
52-week range
$6.91 - $15.15
Market cap
$2.47B
Balance sheet
Watch
6.11x Adequate
Net debt $4.80M. Interest coverage shows how many times profit covers the interest bill.
What stands out
2 Rewards
1 Risk
2 rewards · 1 risks
- Reward Revenue grew 114.8% last year.
- Reward Returns 10.6% on equity, ahead of 40% of its peers.
- Risk Insider ownership is only 0.2% (peer median: 2.5%).
What this company does
Endeavour Silver Corp.
Endeavour Silver Corp. digs up and processes silver and gold from mines primarily in Mexico. The company makes its money by selling these precious metals, and understanding their profit margins (the percentage of money left after covering the costs of mining and processing) helps show how efficiently they are running their business. This matters because higher margins usually mean a healthier company that can invest more in finding new mines or paying shareholders.
How the company got here
Endeavour Silver Corp. was founded in 2004 by Bradford Cooke, with the goal of becoming a leading silver producer. [1, 4] The company's journey began with the acquisition of its first mine, Guanaceví, in Mexico. [4] Over the years, Endeavour Silver has strategically grown its portfolio through the acquisition of additional mines and exploration properties in Mexico, Peru, Chile, and the United States. [2, 5] A significant milestone was its listing on the New York Stock Exchange (NYSE) in 2011, which increased its visibility and access to capital. [10] The company's history is marked by a commitment to sustainable development, focusing on responsible mining practices, community enrichment, and environmental protection. [4, 7]
What it actually does
Endeavour Silver Corp. is a mining company that focuses on finding, developing, and operating silver and gold mines. [1, 7] They extract these precious metals from the earth, which are then processed and refined. [5] Silver and gold are valuable metals used in various industrial applications, including electronics, electric vehicles, medical devices, and solar panels, as well as for investment purposes. [1, 9] The company operates in Mexico, Peru, Chile, and the United States, with a strong emphasis on Mexico. [2, 5]
Guanaceví
The Guanaceví mine, located in Durango, Mexico, is one of Endeavour Silver's key operating assets. [5, 6] This mine is recognized for its high-grade silver production. [3, 5] It is a significant contributor to the company's overall output and revenue, representing a core part of its operational base. [6] The company has invested in this mine to ensure its continued responsible operation and to explore for further potential. [4, 6]
Terronera
The Terronera Project, also located in Mexico, is a newer, high-grade underground mine that has become a major focus for Endeavour Silver. [3, 6] It is considered one of the company's largest and most advanced assets, with a significant capital investment dedicated to its development. [3] The commencement of production at Terronera is a key driver for Endeavour Silver's projected growth, aiming to nearly double the company's silver-equivalent production. [3, 8] This mine is expected to contribute substantially to the company's future profitability and scalability. [3]
Kolpa
The Kolpa mine, situated in Peru, is another producing asset in Endeavour Silver's portfolio. [2, 6] This operation contributes to the company's overall production, with a metal mix that includes silver, gold, lead, zinc, and copper. [6, 8] The acquisition of Kolpa was strategic, aiming to leverage Endeavour's expertise in underground mining and to establish a platform for further growth in Peru. [8] It diversifies the company's revenue streams with its base metal output. [6, 8]
Exploration and Development Projects
Endeavour Silver actively engages in exploration and development to discover new mineral deposits and advance existing projects. [1, 3] This includes significant projects like Pitarrilla in Mexico, which is noted as one of the largest undeveloped silver projects globally. [3, 6] The company also has exploration activities in Chile and the United States. [2, 6] This focus on exploration is crucial for extending the life of their mines and building a pipeline for future production and profitability. [1]
What management is betting on now
Endeavour Silver's management is focused on a strategy of expanding production and optimizing operations across its portfolio of silver and gold assets. [3, 7] A key priority is the full-scale operation of the Terronera mine, which is expected to significantly boost the company's silver-equivalent production. [3, 8] They are also investing in exploration to discover new high-grade deposits and advance projects like Pitarrilla, aiming to ensure long-term growth and profitability. [1, 3] The company is committed to sustainable and responsible mining practices, believing this approach creates value for all stakeholders, including employees, local communities, and shareholders. [1, 4, 9]
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $8.34
We couldn't calculate a fair value right now.
Is it drowning in debt?
Watch
Net debt $4.8M. Interest coverage 6.1x.
Net debt
$4.80M
Interest coverage
6.11x
Endeavour Silver Corp.'s profit covers its interest bill about 6.1 times over. and 1 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Watch
Worse cushion
Baseline
Better cushion
EXK
BASELINE
Endeavour Silver Corp.
Total debt $248.20M Interest coverage 6.11x This is the baseline the peer rows are being compared against.
Total debt $241.30M Interest coverage 14.26x +133% vs EXK Carries about 2.3x more debt cushion than EXK.
Total debt $122.08M Interest coverage 18.16x +197% vs EXK Carries about 3.0x more debt cushion than EXK.
Total debt $58.73M Interest coverage -4.87x -100% vs EXK This peer has almost no interest-payment cushion compared with EXK.
Total debt $335.39M Interest coverage 23.64x +287% vs EXK Carries about 3.9x more debt cushion than EXK.
What you should know
The case for and against EXK
2 Rewards
1 Risk
Rewards
-
Revenue grew 114.8% last year.
-
Returns 10.6% on equity, ahead of 40% of its peers.
Risks
-
Insider ownership is only 0.2% (peer median: 2.5%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
41.70x
Forward P/E
8.08x
P/B
3.47x
P/S
3.35x
EV/EBITDA
8.79x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
44.1%
Operating margin
30.5%
Net margin
8.9%
ROE
10.6%
ROA
10.1%
Health
Liquidity and balance-sheet strength
Debt / equity
0.35x
Current ratio
1.97x
Quick ratio
1.59x
Total debt
$248.20M
Total cash
$243.40M
Growth
How the business has been compounding
Revenue TTM
$737.20M
Revenue 5Y CAGR
30.5%
EPS TTM
0.20
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$67.40M
Free CF TTM
$-101.80M
FCF margin
-13.8%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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