Endeavour Silver (EXK) is a junior silver miner that appears to be overvalued in relation to peer silver miners. The overvaluation is unsupported by the company’s revenues and earnings, and the current mining dynamics of the company are unfavourable (the production costs exceed the revenues).
In the current operating environment, the company is relying on the Terronera project for business growth. The project, in fact, has attractive mining dynamics and could prove to be a turning point for the company. Nevertheless, there are certain considerations that need to be taken into account before