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Endeavour Silver Corp. (NYSE:EXK) declared late on Monday its historic earnings, cash flow and revenue for the year concluded on December 31, 2012, courtesy to the firm’s eighth straight year of increasing silver and gold production. Endeavour possesses and operates manages three underground silver-gold mines in Mexico: the Guanacevi mine in Durango state, and the Bolanitos and El Cubo mines in Guanajuato state.
What were Endeavour Silver earnings figure on Tuesday? Find out here
Net earnings for the year hiked up 124% to $42.1 million, or 45 cents a share, in contrast with $18.8 million, or 22 cents a share, in 2011. In the meantine, sales jumped up 63% to $208.1 million.
Silver production for last year was higher 20% to 4,485,476 ounces. Its confirmed and possible reserves hiked 37% to 23.1 million silver ounces.
Cash cost, net of gold by-product credits, hiked 44% to $7.33 per ounce of silver produced, mainly because of the takeover of the El Cubo mine.
How Cabela’s shares gained investors focus on Tuesday? Find out here
Cabela's Inc. (NYSE:CAB) stock surged to a new 52-week peak on Tuesday following the fishing, hunting and outdoors retailer reported that it predicts first-quarter profit would arrive higher than market predictions. The stock jumped up $6.48, or 12 percent, to $60.38 in midday trading session on Tuesday.
Cabela's (CAB) reported its sales are robust throughout most of its merchandise segments. Consequently, it predicts its earning per share would be 10 to 15 cents superior than the market forecasted for the initial quarter.
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Tags: Cabela's, NYSE:CAB, Endeavour Silver, NYSE:EXK, EXK, CAB
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