Endeavour Silver To Suspend Operations at the El Cubo Mine in Mexico
Endeavour Silver Corporation Ordinary Shares (Canada) (EXK)
Last endeavour silver corporation ordinary shares (canada) earnings: 2/24 06:50 am
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US:NYSE Investor Relations:
edrsilver.com/investors/financials
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Source: GlobeNewswire
VANCOUVER, British Columbia, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) announces that based on an updated review of the reserves and resources, which are now exhausted, the Company will suspend operations at the El Cubo underground mine in Guanajuato, Mexico. All employees will be laid off and the mine, plant and tailings facilities will be placed on short term care and maintenance while management conducts an evaluation of the alternatives including final closure. Mining operations will cease on November 30, 2019 and milling operations will continue for approximately one week until the ore stockpile has been processed and the mill cleaned of concentrates. Suspension costs are estimated to be approximately $3.5-4.0 million, primarily in Q4, 2019 including final severance payments for all employees. Following suspension of the operations, Company and contract personnel will continue to maintain the security of the mine, plant and tailing
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News
- Endeavour Silver Corp. (NYSE: EXK) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $7.25 price target on the stock.MarketBeat
- Guanaceví Mill Operating at Full Capacity After Trunnion Installation [Yahoo! Finance]Yahoo! Finance
- Guanaceví Mill Operating at Full Capacity After Trunnion InstallationGlobeNewswire
- Endeavour Silver Corp. (NYSE: EXK) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $7.25 price target on the stock.MarketBeat
- Endeavour Silver Corp. (NYSE: EXK) is now covered by analysts at TD Securities. They set a "buy" rating on the stock.MarketBeat
EXK
Earnings
- 11/5/24 - Beat
EXK
Sec Filings
- 12/17/24 - Form 6-K
- 11/29/24 - Form 6-K
- 11/27/24 - Form 6-K
- EXK's page on the SEC website