The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1027 ET – Endeavour Silver’s sale of its Bolanitos mine in Mexico should help “provide additional balance sheet flexibility given the ongoing ramp up at Terronera, while refocusing attention on the ramp up given recent operational challenges at Bolanitos,” TD Cowen analyst Wayne Lam says in a report. On the production side, Lam doesn’t see any issues given the acquisition of Minera Kolpa in Peru earlier this year. “We view the production profile having been bolstered by a longer life asset, offsetting shorter reserve lives at Bolanitos and Guanacevi,” he says.” (
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