Endeavour Silver (EXK) Jumps to Fresh Record as New Mine Site Sees Robust Mineral Recoveries

We recently published Market Downturn? Not for these 10 Stocks; 7 Jump to Record Highs. Endeavour Silver Corp. (NYSE:EXK) is one of the best performers on Thursday.

Endeavour Silver extended its winning streak to a 5th straight day on Thursday to climb to a new all-time high as investor sentiment was boosted by robust mineral recovery rates at its new mining site in Jalisco, Mexico.

In intra-day trading, the stock soared to a 52-week high of $10.37 before paring gains to end the day just up by 6.95 percent at $10.15 apiece.

In a statement, Endeavour Silver Corp. (NYSE:EXK) said its new facility—the Terronera mine—consistently operated for 100 days after a successful commissioning phase, recording only eight days of downtime. The mine also sustained metal recoveries since mid-August.

Both mining and processing operations were operating at over 90 percent of their designed capacity of 2,000 tons, while metal recoveries were likewise sustained above 90 percent.

Over the next six months, Endeavour Silver Corp. (NYSE:EXK) said it targets to produce approximately 360,000 tons, with average grades of 122 g/t for silver and 2.52 g/t for gold. Higher grade zones are expected to be accessed in the middle of 2026.

“Bringing Terronera into commercial production marks a huge milestone for [the company] and represents a truly transformational moment in our … history,” said Endeavour Silver Corp. (NYSE:EXK) CEO Dan Dickson.

“This achievement not only reinforces our commitment to sustainable growth but also positions Endeavour as a leading mid-tier silver producer with a solid foundation for future expansion.”

While we acknowledge the potential of EXK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.