05:28:52 EST Tue 11 Nov 2025
Enter Symbol
or Name
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CA



Endeavour Silver Corp
Symbol EDR
Shares Issued 99,741,010
Close 2013-07-12 C$ 3.37
Market Cap C$ 336,127,204
Recent Sedar Documents

Endeavour Silver adjusts Q2 revenue to $71.3-million

2013-07-15 07:58 ET - News Release

Ms. Meghan Brown reports

ENDEAVOUR SILVER ADJUSTS SECOND QUARTER 2013 REVENUES 12% HIGHER; SECOND QUARTER 2013 FINANCIAL RESULTS TO BE RELEASED TUESDAY, AUGUST 6

Endeavour Silver Corp.'s second-quarter 2013 revenues, reported on July 10, 2013, were understated by 12 per cent due to the marking to market of certain concentrate sales that had already received final pricing during the quarter.

The revised revenues for second-quarter 2013 are $71.3-million, a new quarterly record for the company, up 76 per cent from second-quarter 2012. The realized metal prices were also understated and have been revised upward to $21.38 per ounce of silver and $1,297 per ounce of gold sold (see the revised table of second-quarter 2013 operating results).


          REVISED OPERATING RESULTS

  Three months ended         Six months ended
            June 30,                 June 30,
2013            2012          2013       2012

71.3            40.5         141.1       89.5
1,787,571  1,075,000     3,302,648  2,175,000
25,477         5,650        41,201     13,146
21.38 (2)      29.21     25.05 (2)      31.18

1,297 (2)      1,599     1,417 (2)      1,648

(1) Silver-equivalent ounces are calculated 
using a 60:1 ratio. 
(2) Revenue from the sale of concentrates is 
subject to adjustments upon final settlement. 
Concentrate sales are subject to mark-to-
market accounting treatments resulting in 
quarterly closing prices used for a 
significant portion of metal sales. 
Furthermore, reported revenue and realized 
prices include adjustments to prior-quarter 
sales on final settlement.

The company plans to release its second-quarter 2013 financial results after the market closes on Tuesday, Aug. 6, 2013. A telephone conference call to discuss the second-quarter 2013 financial results will be held at 10 a.m. PDT (1 p.m. EDT) on Wednesday, Aug. 7, 2013. To participate in the conference call, please dial the following:

  • 800-319-4610 in Canada and the United States (toll-free);
  • 604-638-5340 in Vancouver;
  • 604-638-5340 outside of Canada and the U.S.;
  • No passcode is needed to participate in the conference call.

A replay of the conference call will be available by dialling 1-800-319-6413 in Canada and the U.S. (toll-free) or 1-604-638-9010 outside of Canada and the U.S. The required passcode is 4890 followed by the pound sign.

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