Endeavor Silver Has Lowered Its Cash Costs And Reduces Its Net Debt

August 19, 2015 at 05:50AM

  • Endeavor Silver recently reported its second-quarter financial results and exploration results at its Bolanitos property.
  • The company reported a decrease in revenue and EBITDA due to lower silver prices, as expected.
  • However, Endeavor’s all-in sustaining costs fell 18% and the company reduced its debt by $4 million in the quarter; drill results at Bolanitos are very promising.
  • Endeavor Silver looks like a good buy here.

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