DALLAS, Aug. 23, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Endeavour Silver Corp. (NYSE:EXK). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/EXK
Endeavour Silver Corp. (EXK) is a mid-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. It owns and operates two high-grade, underground, silver-gold mines: the Guanacevi Mines in Durango State and the Guanajuato Mines in Guanajuato State. Since its start-up in 2004, EXK has posted six consecutive years of growing silver production, reserves and resources.
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In the report, the analyst notes:
"The Company earlier this month announced its earnings for the second quarter of 2011, posting a 657% to $10.6 million jump in adjusted earnings. EXK attributed the sharp increase to rising silver-gold production and precious metal prices."
"EXK's consolidated silver production rose 3% to 850,476 oz and gold production climbed 8% to 4,831 oz in the second quarter, attributable to higher plant throughput at both Guanacevi and Guanajuato, partially offset by slightly lower silver grades and recoveries and enhanced by slightly higher gold grades and recoveries."
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