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BRIEF-Endeavour Silver Q2 Loss Per Share $0.08

Published 2019-08-08, 06:52 a/m
© Reuters.  BRIEF-Endeavour Silver Q2 Loss Per Share $0.08
EDR
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Aug 8 (Reuters) - Endeavour Silver Corp EDR.TO :

* ENDEAVOUR SILVER REPORTS SECOND QUARTER, 2019 FINANCIAL RESULTS; CONFERENCE CALL AT 10AM PDT (1PM EDT) TODAY

* Q2 REVENUE $29.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $29.1 MILLION

* Q2 LOSS PER SHARE $0.08

* Q2 EARNINGS PER SHARE ESTIMATE $-0.06 -- REFINITIV IBES DATA

* REVISED 2019 PRODUCTION AND COST GUIDANCE

* ENDEAVOUR - ANTICIPATES 2H PRODUCTION TO BE HIGHER THAN FIRST HALF PRODUCTION AND SECOND HALF COSTS FORECASTED TO BE LOWER THAN FIRST HALF COSTS

* 2019 FULL YEAR PRODUCTION IS EXPECTED TO BE LOWER THAN ORIGINAL 2019 GUIDANCE

* ENDEAVOUR SILVER - QTRLY SILVER PRODUCTION DECREASED 22% TO 1.1 MILLION OZ

* 2019 COSTS ARE ANTICIPATED TO BE HIGHER THAN ORIGINALLY ESTIMATED.

* ESTIMATES ITS CONSOLIDATED CASH COST WILL BE $10-11 PER OZ SILVER FOR 2019

* QTRLY SILVER OZ SOLD DECREASED 13% TO 1.1 MILLION OZ

* QTRLY GOLD PRODUCTION DECREASED 30% TO 9,558 OZ

* BULLION INVENTORY AT QUARTER-END INCLUDED 68,559 OZ SILVER AND 247 OZ GOLD

* FY ALL-IN SUSTAINING COST IS ESTIMATED TO BE $17-18 PER OZ SILVER

* CONCENTRATE INVENTORY AT QUARTER-END INCLUDED 49,562 OZ SILVER AND 1,656 OZ GOLD

* QTRLY GOLD OZ SOLD DECREASED 32% TO 9,416 OZ

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