Endeavour Silver Plummets... $260 Million Vanished in a Day

Endeavour Silver Corp (NYSE: EXK) closed at $9.47 on the New York Stock Exchange, down 7.52% from the previous session, with trading volume topping 7.1 million shares.

Its market capitalization slipped to about $2.8 billion (roughly KRW 3.8 trillion), erasing nearly $196 million (KRW 260 billion) in a single day. Having reached a 52-week high of $11.54 just two months ago, the sharp run-up appears to have triggered profit-taking.

In a January 8 disclosure, the company reported record 2025 production of 6.48 million ounces of silver and 37,164 ounces of gold—equivalent to 11.20 million ounces of silver. It noted that it is balancing growth investments with financial restructuring, including the start of commercial production at its Terronera mine in Mexico, the issuance of $350 million in convertible notes, and the planned sale of its Bolanitos mine.

Fourth-quarter 2025 results released earlier this month showed that, despite increased output, Endeavour continued to post net losses and faced cost pressures. Analysts say that silver price trends and the profitability of new mines will be key drivers of the stock’s future performance.

Endeavour Silver is a mid-tier producer operating multiple silver and gold mines in Mexico and Peru and developing projects such as Terronera, Copala, and Pitarrilla. Leveraging exploration assets across Mexico, Chile, and the United States, the company aims to become a premier global silver producer over the long term.