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BMO Capital Retains an Outperform rating on Endeavour Silver Corp. (EXK)

By Fatima Gulzar | January 24, 2026, 6:22 AM

Endeavour Silver Corp. (NYSE:EXK) is among the 15 Best Performing Silver Stocks to Buy.

BMO Capital Retains an Outperform rating on Endeavour Silver Corp. (EXK)

On January 19, 2026, BMO Capital analyst Kevin O’Halloran upgraded Endeavour Silver Corp. (NYSE:EXK)’s price objective to C$17 from C$15.50. It retained an Outperform rating, based on a report published by TheFly. According to the corporation, its 2026 projection is generally negative, citing lower-than-expected production and higher-than-expected costs. Based on the research report, the analyst pointed out that Endeavour Silver still has one of the best growth profiles in the silver industry.

The company published production guidelines for Terronera, Guanacevi, and Kolpa for 2026 on January 16, 2026. It is anticipated that 8.3 million to 8.9 million ounces of silver and 46,000 to 48,000 ounces of gold would be produced. Kolpa is expected to generate 650-750 tons of copper, 16,000-18,000 tonnes of zinc, and 22,000-24,000 tonnes of lead. The combined output of the three mines is expected to be 14.6 million to 15.6 million silver equivalent ounces in the 2026 operating year.

Endeavour Silver Corp. (NYSE:EXK) is a Canadian mineral business that evaluates, acquires, explores for, develops, and exploits precious metal resources in Mexico and Chile.

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

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