Endeavour Silver +3% on Q1 production results

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.

Comments (1)
  • milo3131
    , contributor
    Comments (36) | Send Message
    Great numbers:) The stock is a buy right here, more importantly after Cramer and thestreet.com put a "Sell" recommendation on the stock when it went down to $4.20. This is actually a better BUY signal for every investor since Cramer and Co. serving the interest of Goldman Sachs, who recs shorting gold and silver stocks. The last time thestreet.com and Cramer had a "Sell" rec on a silver mining stock - it was PAAS at $10 a share and then the stock went up to $15.20, +50%. These guys are totally off the charts, they have been recommending heavily to people to buy FB $66...WHAT ELSE CAN WE SAY?
    10 Apr 2014, 10:13 AM Reply Like
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