Frontierby eninvs

Language: EN · RU

← Region

Endeavour Silver USD

Update

Sector: Silver mining

Geography: Mexico

COMM_EXK

Price chart

9.11 USDDay 6.05%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
9.11 USD · 6.05%
Market cap
2.7 bn USD

Growth

Δ revenue y/y
114.8%
Δ EBITDA y/y
175.5%

Multiples

P/E (LTM)
—
P/B (FY)
5.6x
P/E (ann.)
<0
EV/EBITDA (LTM)
17.2x
EV/EBITDA (ann.)
31.7x

Cash return

Dividend yield
—
FCF yield (LTM)
8.7%

Liquidity

Daily turnover (listing)
66.3 mln USD

Shares: yahoo_fundamentals_timeseries/EXK

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 0 / Warn: 8 / Err: 4 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 Q1✗Errors 1Warn 3
2023-06-30 Q2⚠Warn 1
2023-09-30 Q3⚠Warn 2
2023-12-31 FY✗Errors 1Warn 1
2023-12-31 Q4⚠Warn 1
2024-03-31 Q1✗Errors 1Warn 1
2024-06-30 Q2⚠Warn 1
2024-09-30 Q3⚠Warn 2
2024-12-31 FY⚠Warn 2
2025-06-30 Q2⚠Warn 2
2025-09-30 Q3⚠Warn 2
2025-12-31 FY✗Errors 1Warn 2
✓ All checks pass · ⚠ Has warnings (review) · ✗ Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2025-12-31FY 2025 (12M)PARTIAL467.5
y/y 114.8%
35.7
y/y 328.5%
73.0
y/y 134.5%
108.7
y/y 175.5%
-119.1
y/y —
67.4-237.41235.7
y/y 71.8%
579.1
y/y 19.5%
-21.9%-202.7—
2025-09-30Q3 2025 (3M)OK135.8
y/y 152.5%
-4.5
y/y -226.7%
24.1
y/y 228.2%
19.6
y/y 80.0%
-41.5
y/y —
27.1-34.61017.0
y/y 66.3%
508.8
y/y 23.2%
-10.7%71.0—
2025-06-30Q2 2025 (3M)OK88.6
y/y 52.3%
-4.8
y/y -439.6%
15.2
y/y 66.7%
10.4
y/y -1.2%
-20.5
y/y —
21.6-54.1995.9
y/y 70.9%
529.1
y/y 23.3%
-16.1%84.4—
2024-12-31Q4 2024 (3M)PARTIAL43.0
y/y -14.9%
0.8
y/y 301.6%
5.6
y/y -9.1%
6.3
y/y 0.1%
1.2
y/y -62.1%
-8.6-46.0719.2
y/y 51.5%
484.4
y/y 25.4%
-7.0%13.8—
2024-09-30Q3 2024 (3M)OK53.8
y/y 8.7%
3.6
y/y —
7.4
y/y -18.9%
10.9
y/y 107.9%
-17.4
y/y —
11.1-49.0611.4
y/y 41.1%
413.0
y/y 19.9%
-5.5%30.5—
2024-06-30Q2 2024 (3M)OK58.2
y/y 16.2%
1.4
y/y -73.9%
9.1
y/y 30.6%
10.5
y/y -15.0%
-14.0
y/y —
12.2-55.7582.7
y/y 43.9%
429.2
y/y 32.7%
-13.1%-5.5—
2024-03-31Q1 2024 (3M)OK62.7
y/y 13.1%
2.6
y/y -62.3%
9.1
y/y 37.4%
11.7
y/y -13.6%
-1.2
y/y -118.4%
4.4-44.7509.7
y/y 26.8%
424.8
y/y 31.4%
-1.2%-27.5—
2023-12-31Q4 2023 (3M)PARTIAL50.5
y/y —
0.2
y/y —
6.1
y/y —
6.3
y/y —
3.0
y/y —
6.7-41.5474.8
y/y —
386.3
y/y —
1.7%-26.8—
2023-09-30Q3 2023 (3M)OK49.4
y/y —
-3.8
y/y —
9.1
y/y —
5.2
y/y —
-2.3
y/y —
0.6-31.7433.2
y/y —
344.6
y/y —
-0.9%-30.0—
2023-06-30Q2 2023 (3M)OK50.1
y/y —
5.4
y/y —
7.0
y/y —
12.4
y/y —
-1.1
y/y —
4.9-23.9405.0
y/y —
323.4
y/y —
-1.3%-30.9—
2023-03-31Q1 2023 (3M)OK55.5
y/y —
6.9
y/y —
6.6
y/y —
13.6
y/y —
6.5
y/y —
-0.4-20.7401.9
y/y —
323.4
y/y —
—-47.6—
Data quality — review suggested

Production & Reserves

Physical operating metrics — supplementary, not part of the financial statements

Silver

Proved reserves
93.24 mln silver oz eq.
2025
Reserve life (R/P)
5.7 yrs
reserves ÷ annual output
Annual production
16.46 mln silver oz eq.
2025

Production, mln silver oz eq.

8.2520218.9720228.9720238.85202416.4620253.342026

Proved reserves

YearReserves, mln silver oz eq.
202593.24
202498.34
2023103.70
2022110.51

Production

YearProduction, mln silver oz eq.per day
20263.34 *9 156
202516.46
+86.1%		45 109
20248.85
−1.3%		24 237
20238.97
+0.0%		24 568
20228.97
+8.7%		24 568
20218.2522 608

* partial year

EI1 ___NASDAQ_press_comm (NASDAQ / SEC filings)

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

0501001502023 q12023 q22023 q32023 q42024 q12024 q22024 q32024 q42025 q22025 q3

Year-over-year change

-50%0%50%100%150%2023 q12023 q22023 q32023 q42024 q12024 q22024 q32024 q42025 q22025 q3

Cash flow

FCF ($ mln)

-125-100-75-50-2502023 q12023 q22023 q32023 q42024 q12024 q22024 q32024 q42025 q22025 q3

Net debt / cash ($ mln)

-300-200-10001002023 q22023 q32023 q42024 q12024 q22024 q32024 q42025 q22025 q32025 q4

Key-commodity price — Silver

Current 70spot vs LTM +31%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -95.8%

Main driver: Silver +31% vs LTM; revenue ×1.24 vs costs ×1.04; EBITDA 39→29; at 12.0× EV/EBITDA → -96%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
Silver (rev)+65%69.6652.9840.23+31%-24%
Gold (rev)+35%4 319.403 939.803 112.05+10%-21%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue321
LTM EBITDA39
LTM cash costs (revenue − EBITDA)282
2 · Revenue projection
Revenue multiplier — spot×1.238 (+24%)
= Spot revenue398
Revenue multiplier — 3y price×0.770 (-23%)
= 3-year-price revenue247
3 · Costs projection
Cost multiplier — spot×1.040 (+4%)
= Spot cash costs294
Cost multiplier — 3y price×1.040 (+4%)
= 3-year-price cash costs294
4 · EBITDA projection (revenue − costs)
= Spot EBITDA104
= 3-year-price EBITDA-47
Conservative EBITDA = min(spot, avg)29
5 · Valuation → target market cap
Historical EV/projected-EBITDA (75th pct)12.0x
Target EV = EV/EBITDA × conservative EBITDA344
Net debt71
Target market cap = EV − net debt273
Current market cap2 691

Upside = target market cap ÷ current − 1 = -95.8%

Life of mine: 5 yrs — before haircut -89.9%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2023 Q34961-18.9%516-68.2%
2023 Q45161-16.5%814-43.9%
2024 Q16353+19.0%1210+17.2%
2024 Q25864-9.0%1119-44.2%
2024 Q35466-18.5%-518-129.8%
2024 Q44368-36.4%2316+40.7%
2025 Q313677+75.3%2022-12.1%

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +115% vs +6% the year before — a +108.9 pp move. 3-year CAGR +31%.
revenue growth by year: 2023 -2% · 2024 +6% · 2025 +115%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 19.5x · target 75th pct (3y) 16.2x · LTM avg 36.6x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Dividends

No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)