Endeavour Silver Reports Record Q1 Production, Shares Surge 8.6% Capping Silver Miners' Earnings Rally
Endeavour Silver capped a stellar week for silver miners with Q1 2026 record production of ~2.0M oz silver and ~12k oz gold, driving an ~8.6% share price surge to C$13.78 as the Kolpa plant expansion nears completion. This follows Pan American Silver's May 5 disclosure of $488M attributable free cash flow, $456M net earnings on ~$1.15B revenue, and a record ~$1.8B cash balance enabling up to $1B shareholder returns. GoGold added momentum on May 6 with record $21.2M operating cash flow from $30.3M revenue on 383,695 SEO at $79.04/SEO, building $262.2M cash to fund Los Ricos South. Robust results amid high metal prices bolster XAGUSD sentiment and miner equities.