Endeavour Silver shares are trading lower by 9% during Tuesday's session. The company announced a $145 million acquisition of Minera Kolpa and Huachocolpa Uno Mine.
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Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) provides a construction progress update for its ...
Endeavour Silver's shares declined after the company said it will buy a silver mine in Peru and sell stock. The stock was down 13% to $3.72 on the NYSE and is up about 1.6% this year.
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Endeavour Silver struck a $145 million deal to buy its third producing mine, its first foray into Peru and a big step toward its goal of becoming a major silver miner.
The acquisition, says Endeavour CEO Dan Dickson, brings the company closer to becoming a senior silver producer.
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