Alliance Global Partners Lifts Endeavour Silver (EXK) Target to $7.75, Keeps Buy

Endeavour Silver Corp. (NYSE:EXK) is one of the best silver mining stocks to invest in right now. On November 10, Alliance Global Partners raised its price target for Endeavour Silver Corp. (NYSE:EXK) to $7.75 from $6 and maintained a Buy rating on the stock. The firm’s decision is based on what it described as Endeavour’s mixed Q3 2025 earnings report.

In the Q3 2025 earnings report, Endeavour reported $111 million in revenue, which is 109% higher than Q3 2024. The growth was driven by record silver sales and higher metal prices. However, this fell short of analyst estimates by 9.32%. EPS also undershot expectations by 131.85% – the reported EPS was -$0.01 against the projected $0.0314.

Silver production soared 102% to 1.77 million ounces, thanks to the new contribution from the Kolpa mine and higher throughput at Guanaceví, noted management. However, gold production dropped 22% to 7,285 ounces due to lower grades at Bolañitos.​

Commenting on the earnings, CEO Dan Dickson described the quarter as “transformational” but acknowledged the short-term financial noise. To him, the derivative losses, while hurting reported earnings, are a non-cash reflection of the company’s hedging strategy in a rising price environment.

Endeavour Silver Corp. (NYSE:EXK) is a Canadian mid-tier precious metals mining company. It engages in the acquisition, exploration, development, extraction, processing, and refining of mineral properties, primarily in Mexico and Peru. Its main products are silver bullion and gold bullion.

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