H.C. Wainwright Increases PT on Endeavour Silver Corp. From $11 to $14.50, Keeps Buy Rating

Endeavour Silver Corp. (NYSE:EXK) is one of the 10 Best Precious Metal Stocks to Buy After the U.S. Venezuela Mission.

On January 9, H.C. Wainwright increased the price target on Endeavour Silver Corp. (NYSE:EXK) from $11 to $14.50, keeping the Buy rating, as reported by TheFly. Heiko Ihle from H.C. Wainwright lifted the price target as the analyst cites the company’s production results for the target bump.

Similarly, Alliance Global Partners raised the price target on EXK from $7.75 to $11 on January 9, reiterating its Buy rating, according to TheFly. Jake Sekelsky at Alliance Global sees the recent rise in silver and gold prices to fresh highs as a catalyst for a target upgrade.

On December 8, Endeavour Silver Corp. (NYSE:EXK) reported its full-year 2025 production. The company produced a total of 6.49 million ounces of silver and 37,164 ounces of gold. In Q4 2025 alone, silver production was approximately 2.03 million ounces, and total gold production was 13,785 ounces. The company achieved commercial production at the Terronera mine on October 1, 2025, adding approximately 352,002 ounces of silver and 8,148 ounces of gold in the fourth quarter of 2025. Project Guanaceví ended with 14% higher gold production from a year ago, driven by higher throughput amid the resolution of a 2024 trunnion failure.

In 2026, the company will sell the Bolañitos mine for $30 million and receive $10 million in Guanajuato Silver shares, plus contingent consideration payable based on production milestones at the Bolañitos mine. Kolpa’s production was in line with expectations, with a throughput of approximately 198,930 tonnes. The ongoing expansion planned at Kolpa is expected to be completed in the first quarter of 2026.

Endeavour Silver Corp. (NYSE:EXK) is primarily a silver mining company and engages in the acquisition, exploration, and development of mineral properties. The company explores for silver and gold deposits, and precious metals, along with polymetals.

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