Endeavour Silver Stock Price Drops 8% After Weak Earnings

The mining company missed earnings estimates, sending shares lower.

Mar. 2, 2026 at 3:15pm

Got story updates? Submit your updates here. ›

Endeavour Silver Corporation (NYSE:EXK) saw its stock price drop 8% on Monday following a disappointing earnings announcement. The company reported earnings per share of $0.02, missing the consensus estimate of $0.03. Revenue for the quarter was $172.6 million, well below the expected $227.99 million. The mining company's shares traded as low as $12.58 before closing at $12.78.

Why it matters

Endeavour Silver is a major player in the precious metals mining industry, so its earnings performance is closely watched by investors. The weak results indicate challenges the company is facing, which could impact its future outlook and growth prospects.

The details

Endeavour Silver reported a negative net margin of 27.52% and a negative return on equity of 1.34% for the quarter. Several research analysts have adjusted their price targets and ratings on the stock following the earnings release, with most maintaining a Buy or Strong Buy recommendation.

  • Endeavour Silver reported earnings on March 2, 2026.

The players

Endeavour Silver Corporation

A Vancouver-based precious metals mining company focused on silver and gold production in Mexico.

Got photos? Submit your photos here. ›

The takeaway

Endeavour Silver's weak quarterly results highlight the challenges facing the mining industry, including factors like commodity prices and operational costs. Investors will be closely watching the company's efforts to improve its financial performance in the coming quarters.