By Deborah Bacal
Proactive Investors
Shares of Endeavour Silver Corp. (TSE:EDR)(NYSE:EXK) were rising early Wednesday, after the precious metals miner reported strong silver production results for its second quarter, trending ahead of its guidance year-to-date.
The company, which owns and operates three silver-gold mines in Mexico, said silver production for the second quarter grew 9% to 1.67 million ounces, while gold output fell 24% to 15,136 ounces compared to the year ago period due to the over production of its Bolanitos mine in 2013.
Silver equivalent production fell 6% to 2.6 million ounces, according to the Vancouver-based company’s statement released earlier this morning.