Endeavour Silver (EXK +3.1%) says it posted strong Q1 production results from its three operating silver mines in Mexico.
Total silver production rose 27% Y/Y to nearly 1.9M oz., and gold production increased 23% to 18.5K oz.; silver equiv. output gained 26% to 3M oz. using a 60:1 silver gold ratio.
EXK is already ahead of its production plan for the year even though it did not forecast any production growth in 2014, according to EXK CEO Bradford Cooke.