Endeavour Silver shares are trading higher after the company provided a Q3 update that it's near 77% completion of its Terronera project in Mexico and has spent $258 million.
Portfolio Pulse from Benzinga Newsdesk
Endeavour Silver's shares are rising following a Q3 update indicating that the Terronera project in Mexico is 77% complete, with $258 million spent.
October 21, 2024 | 1:42 pm
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POSITIVE IMPACT
Endeavour Silver's stock is trading higher due to positive progress on its Terronera project, which is 77% complete with $258 million spent.
The significant progress on the Terronera project, a key asset for Endeavour Silver, is likely boosting investor confidence, leading to a rise in stock price. The substantial investment and nearing completion are positive indicators for future revenue generation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100