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EXK - Endeavour Silver's Q2: A Weak Prelude To A Strong Q3
Endeavour Silver Corporation
Endeavour Silver (EXK) released its Q2 2020 financial results. As expected, the results were heavily impacted by the coronavirus-related production disruptions. Endeavour's mines were suspended for the whole of April, and production was restarted only in late May. However, all the mines are up and running now. Moreover, the gold price just reached a new all-time high above $2,000/toz, and the silver price is approaching the $26/toz mark. As a result, strong Q3 financial results should be expected.
In Q2 2020, Endeavour Silver produced 596,545 toz silver and 5,817 toz gold, or 1,061,905