TSX:EDRMetals and Mining
Assessing Endeavour Silver (TSX:EDR) After Its $300 Million Convertible Notes Offering and Recent Share Price Surge
Endeavour Silver (TSX:EDR) just closed a $300 million offering of senior unsecured convertible notes due 2031, a material financing move that gives the miner fresh flexibility to fund growth or tidy up its balance sheet.
See our latest analysis for Endeavour Silver.
The $300 million notes come after a powerful run, with a roughly 45% 90 day share price return and a near doubling of one year total shareholder return. This suggests momentum investors are leaning into Endeavour Silver’s growth...