Endeavour Silver Completes $40 Million Sale of Bolañitos Mine to Guanajuato Silver
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
0mins
Source: Globenewswire
- Transaction Completion: Endeavour Silver has successfully completed the sale of the Bolañitos silver and gold mine for a total of $40 million, with $30 million paid in cash and $10 million in common shares of Guanajuato Silver, marking a strategic shift towards focusing on core silver assets.
- Contingent Payment Structure: Guanajuato Silver will make two contingent payments of $5 million each based on the production milestones from the Bolañitos Mine, further incentivizing mineral development and strengthening the partnership between the companies.
- Investor Rights Agreement: Following the transaction, Endeavour and Guanajuato Silver entered into an investor rights agreement, ensuring that Endeavour will vote its shares in accordance with Guanajuato Silver's board recommendations for 12 months, enhancing its influence in future investments.
- Market Outlook: This sale not only provides Endeavour with immediate capital but also allows the company to concentrate on the development of projects like Terronera and Pitarrilla, which is expected to drive long-term growth in the silver mining sector.
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Analyst Views on EXK
Wall Street analysts forecast EXK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXK is 11.74 USD with a low forecast of 9.00 USD and a high forecast of 14.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.810
Low
9.00
Averages
11.74
High
14.50
Current: 13.810
Low
9.00
Averages
11.74
High
14.50
About EXK
Endeavour Silver Corp. is a Canada-based mid-tier silver producer with three operating mines in Mexico and Peru and a pipeline of exploration projects across Mexico, Chile, and the United States. The Company is engaged in silver mining and related activities including acquisition, exploration, development, extraction, processing, refining and reclamation. The Company’s Guanacevi mines is a highest-grade silver mine, which is located in Durango, Mexico. The Terronera Project, located approximately 40 kilometers (km) northeast of Puerto Vallarta in the state of Jalisco, Mexico, hosts a high-grade silver-gold mineral resource along the Terronera vein. The Kolpa operation is a silver mine located in the Huachocolpa region of Huancavelica, over 490 km southeast of Lima. Its Pitarrilla Project is an undeveloped silver, lead, and zinc project located 160 km north of Durango City, in northern Mexico. Its other exploration projects include Parral, Bruner, Aida, and Lourdes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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