Endeavour Silver Says Q2 Revenues Were Understated By 12% - Quick Facts

(RTTNews) - Endeavour Silver Corp. (EXK, EDR.TO), a mid-tier silver mining company, Monday said that the second quarter revenues which were reported on July 10 were understated by 12 percent due to the marking to market of certain concentrate sales that had already received final pricing during the quarter. Following this, the revised revenue for the three-month period were $71.3 million, a 76 percent increase from the same period last year.

The realized metal prices were also understated and have been revised upwards to $21.38 per ounce silver and $1,297 per ounce gold sold. The Company plans to release its second quarter financial results after the market closes on August 6.