Endeavour operates three underground mines in Mexico and Peru, supported by a robust development pipeline that positions the Company to advance its long-term strategy and move closer to becoming a senior silver producer. The company maintains one of the highest proportions of silver metal production, with over 50% of revenue attributable to silver. 2025 was transformative, marked by robust production growth, record revenues and key strategic milestones including Terronera commissioning, Kolpa acquisition and Bolañitos sale.
Cyborg Score Rationale
2025 full-year record revenue of $467.5M, production of 6.49M oz silver and 37,164 oz gold with 11.2M AgEq oz (48% YoY growth), with Terronera reaching commercial production Oct 1, 2025. Strong growth trajectory offset by recent management transition market reaction and execution risks on development pipeline.
Top Insights
Record 2025 revenue of $467.5M with 48% YoY production growth to 11.2M AgEq oz demonstrates scaling success post-Terronera and Kolpa acquisition
Bolañitos sale in Jan 2026 for $40M upfront plus contingent payments rebalances portfolio toward higher-margin assets
March 1, 2026 board strengthening with George Paspalas appointment and internal COO succession via 22+ year veteran Luis Castro supports operational execution
One of strongest silver peer growth profiles with track record for growing reserves and identifying high-grade mineralization at operations
Named Competitors
Pan American Silver — Large-cap silver miner with diversified portfolio
First Majestic Silver — Senior silver producer with Mexican operations focus