Endeavour Silver shares are trading lower. The company issued FY24 guidance and said ongoing challenges include escalating costs.
Portfolio Pulse from Benzinga Newsdesk
Endeavour Silver's stock is trading lower after the company released its FY24 guidance, highlighting escalating costs as an ongoing challenge.
January 11, 2024 | 4:58 pm
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NEGATIVE IMPACT
Endeavour Silver Corp. shares are down following the issuance of FY24 guidance, which points to increasing costs as a key concern.
The negative sentiment surrounding the company's FY24 guidance, particularly the mention of escalating costs, is likely to concern investors about profitability and margins, leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100