Endeavour Silver Q3 2026 net earnings swing to USD 26.4 million profit
Bitget2026/11/09 22:09- Endeavour Silver swung to Q3 2026 net earnings of USD 26.4 million from a year-earlier loss of USD 42.01 million.
- Revenue rose to USD 184.5 million, supported by higher metal prices.
- Silver production climbed 19% year-over-year to 2,096,545 ounces, while gold output increased 39% to 10,126 ounces.
- Revised 2026 production guidance targets 7,800,000–8,100,000 ounces of silver and 42,000–43,500 ounces of gold.
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Saudi Arabia's oil production in October surged by 26%, reaching the highest level since the onset of the conflict, while Brent crude has dropped over 20% this month
OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.
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