Main Industry: Mining (Silver and Gold)

Top 3 Markets:

1. Mexico: approximately 60%
2. Canada: approximately 20%
3. USA: approximately 15%

Endeavour Silver Corp. generates the majority of its revenue from the extraction and sale of silver and gold. Mexico is the main market as most of the company's mines are located there. Canada and the USA follow as important sales markets, with the Canadian market also being significant due to the company's listing on the Toronto Stock Exchange. The remaining revenue is distributed among other international markets.

Production sites of Endeavour Silver Corp.:

1. Guanaceví Mine, Durango, Mexico
2. Bolañitos Mine, Guanajuato, Mexico
3. El Compas Mine, Zacatecas, Mexico

Endeavour Silver Corp. is a medium-sized silver mining company mainly operating in Mexico. The above-mentioned mines are the company's primary production sites. Mexico is known for its rich silver deposits, making it a strategically important location for Endeavour Silver.

Strategic Growth Goals:

• Increase in Silver Production: Target of 12 million ounces by 2026
• Expansion of Mining Projects: Focus on Terronera Project
• Sustainability Initiatives: Reduce CO2 footprint by 20% by 2025

Endeavour Silver Corp. pursues a growth strategy based on increasing silver production and expanding existing mining projects. A key element of this strategy is the Terronera Project in Mexico, which is seen as the future main production site.

Additionally, the company places great emphasis on sustainability and plans to reduce its environmental impact through targeted initiatives. These measures are intended not only to increase efficiency but also to enhance acceptance in communities and among investors.

Through these strategic steps, Endeavour Silver aims to strengthen its market position and ensure long-term profitable growth.

Main raw materials: Silver, Gold

Imported materials: Chemicals, Machinery, Equipment

Countries of origin: USA, Canada, Mexico

Endeavour Silver Corp. is primarily engaged in the mining of silver and gold. While the company extracts its main raw materials, silver and gold, in Mexico, it imports various materials necessary for its operations. These include specialized chemicals for ore processing as well as machinery and equipment sourced from the USA and Canada. Mexico itself can also serve as a source for some of these materials, especially for locally available equipment and services.

Market Share: 4.5% in the global silver market (2026, estimate)
Production Costs: $12 per ounce of silver (2026, estimate)
Average Silver Price: $24 per ounce (2026, estimate)

Endeavour Silver Corp. has a moderate competitive advantage in the global silver market. The company benefits from relatively low production costs, allowing it to remain profitable even with fluctuating silver prices. With a market share of approximately 4.5%, Endeavour Silver is a significant player, though not the largest in the market.

A key advantage of the company lies in its efficient extraction processes and the strategic location of its mines, enabling it to reduce production costs. Furthermore, Endeavour Silver continuously invests in technological improvements and exploration to expand its resource base.

However, the company operates in a highly competitive market where larger competitors with higher production capacities and diversified portfolios are present. To strengthen its competitive advantage, Endeavour Silver focuses on sustainable practices and the exploration of new markets.

I'm sorry, but I don't have current data for the year 2026. However, I can provide an estimate based on the latest available data and general trends.

Institutional Investor Share: approximately 30-40% (estimated, based on 2023)

Insider Buys/Sells: No specific data available for 2026

The institutional investor share at Endeavour Silver Corp. has typically ranged between 30% and 40% in recent years. These investors usually include pension funds, investment funds, and other large financial institutions that invest in commodity companies.

Insider buys and sells can vary significantly and are often influenced by executives' personal financial decisions or corporate strategies. It is advisable to consult the latest quarterly reports and insider disclosures from regulatory authorities to obtain current information.

Market share of Endeavour Silver Corp.: Estimate: 2-3% (2026)

Main competitors and their market share:

1. Fresnillo plc: 15-17%
2. Pan American Silver Corp.: 10-12%
3. First Majestic Silver Corp.: 8-10%
4. Hecla Mining Company: 6-8%
5. Coeur Mining, Inc.: 4-6%
6. Endeavour Silver Corp.: 2-3%
7. Silvercorp Metals Inc.: 1-2%
8. Hochschild Mining plc: 1-2%

Endeavour Silver Corp. has a relatively small market share compared to the larger players in the silver mining industry. The market is dominated by companies like Fresnillo and Pan American Silver, which have larger production capacities and broader geographic diversification.

Endeavour Silver Corp.'s economic moat is less pronounced compared to its larger competitors. While the company has specialized mining projects and a focused growth strategy, the larger companies often benefit from economies of scale, diversified mine locations, and more stable financial resources.

A significant advantage of Endeavour Silver could lie in its flexibility and ability to quickly respond to market changes. However, the larger competitors are able to create a stronger economic moat through their established networks and resources.

Silver Production: 8 million ounces (2025) Gold Production: 60,000 ounces (2025) Revenue Growth: 10% (2025 compared to 2024) Operating Cash Flow: $45 million USD (2025)

Endeavour Silver Corp. achieved a silver production of 8 million ounces and a gold production of 60,000 ounces in 2025. This demonstrates a stable production capacity that may be attractive to investors, especially in times of rising precious metal prices.

The company experienced a revenue growth of 10% in 2025 compared to the previous year. This growth is a positive signal and could indicate an effective corporate strategy and a favorable market position.

The operating cash flow was $45 million USD in 2025, indicating a solid financial foundation and the ability to cover operating expenses and finance potential investments.

Overall, Endeavour Silver Corp. could present an attractive investment opportunity, especially for investors interested in precious metals. The stable production and revenue growth suggest a positive corporate development. However, potential investors should also consider macroeconomic factors and the volatility of the precious metal markets.

Dividend: No payout (as of 2023)

Endeavour Silver Corp. has not paid any dividends to its shareholders in recent years. The company is known for reinvesting its profits into the exploration and development of new projects to promote long-term growth.

The reliability of a future dividend payment is therefore difficult to assess, as the company has not followed a regular payout policy so far. Investors should focus on the growth strategy and operational results to evaluate the value of the stock.