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In Q2, Endeavour's silver-equivalent production was 2.1 million ounces, which took the January-June volume to 4.1 million AgEq oz, against 2022 guidance of 6.7 million-7.6 million oz.
The Q2 production consisted of 1.34 million Ag oz and 9,289 Au oz.
"Amid ongoing turmoil in the markets due to supply constraints, continued inflation concerns, and uncertainty from the raising of interest rates from historical lows, we had another solid quarter of production," Endeavour's CEO Dan Dickson said.
"Despite the current macro trends, the company and precious metals outlook remains optimistic. Given our positive view for short-term precious metal prices, we are comfortable holding back bullion inventory over the quarter for future sale," he said.
The Canada-based company operates two high-grade underground silver-gold mines in Mexico: Guanacevi and Bolanitos.
The company's share price was C$4.07 (US$3.14) on July 10, giving it a market capitalization of C$736.88 million.
