Endeavour Silver widens third-quarter loss, to miss guidance

Precious metals miner Endeavour Silver, which operates four silver/gold mines in Mexico, on Tuesday reported a third-quarter loss of $68-million, compared with a loss of $5.5-million, as its generated lower revenue on weaker production results.

Silver-equivalent production fell 30% year-on-year to 1.73-million ounces in the September quarter, with silver production down 34% to 948 547 oz and gold production down to 9 716 oz.