Finance

Alliance Global Partners Lifts Endeavour Silver (EXK) Target to $7.75, Keeps Buy

Endeavour Silver Corp. (NYSE:EXK) has recently been identified as one of the best silver mining stocks to invest in right now. On November 10, Alliance Global Partners raised its price target for Endeavour Silver Corp. to $7.75 from $6, while maintaining a Buy rating on the stock. This decision was influenced by Endeavour’s Q3 2025 earnings report, which was described as mixed by the firm.

In the Q3 2025 earnings report, Endeavour reported $111 million in revenue, marking a 109% increase from Q3 2024. This growth was driven by record silver sales and higher metal prices. However, the revenue fell short of analyst estimates by 9.32%. Additionally, the EPS also undershot expectations by 131.85%, with the reported EPS being -$0.01 against the projected $0.0314.

Silver production for Endeavour soared by 102% to 1.77 million ounces, with new contributions from the Kolpa mine and higher throughput at Guanaceví. However, gold production experienced a 22% decline to 7,285 ounces due to lower grades at Bolañitos.

CEO Dan Dickson commented on the earnings, describing the quarter as “transformational” despite acknowledging the short-term financial noise. He explained that the derivative losses, while impacting reported earnings, are a non-cash reflection of the company’s hedging strategy in a rising price environment.

Endeavour Silver Corp. (NYSE:EXK) is a Canadian mid-tier precious metals mining company that is primarily focused on the acquisition, exploration, development, extraction, processing, and refining of mineral properties in Mexico and Peru. The company’s main products include silver bullion and gold bullion.

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Disclosure: None. This article was originally published at Insider Monkey.

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