CIBC Raises Endeavour Silver Price Target to C$10 from C$7.25

CIBC analyst Cosmos Chiu raised Endeavour Silver's price target to C$10 from C$7.25 and maintained a Neutral rating. This change reflects the analyst's updated expectations for the company's financial performance. The updated price target suggests a potential increase in the stock's value, but the Neutral rating implies that the analyst does not see significant upside or downside potential for the shares.

In a recent update, CIBC analyst Cosmos Chiu has raised the price target for Endeavour Silver (EXK) to C$10 from C$7.25, while maintaining a Neutral rating on the shares [3]. This revision reflects the analyst's updated expectations for the company's financial performance.

The updated price target suggests a potential increase in the stock's value, although the Neutral rating indicates that the analyst does not foresee significant upside or downside potential for the shares. This stance is likely based on the current market conditions and the company's recent operational performance.

In the second quarter of 2025, Endeavour Silver reported a 17% increase in silver-equivalent ounces produced, driven by the addition of the Kolpa operation in May 2025 [1][2]. However, the company's silver production excluding Kolpa was down 16% year over year, and gold production fell 26% year over year. Despite these fluctuations, the company's total silver ounces sold increased by 21% year over year, and gold sales decreased by 22%.

The company's recent financial performance and the addition of the Kolpa operation may have influenced the analyst's decision to raise the price target. However, the Neutral rating suggests that the analyst remains cautious about the stock's potential for significant gains or losses.

Investors should closely monitor Endeavour Silver's future financial reports and any additional updates from CIBC to assess the validity of the new price target and the analyst's Neutral rating.

References:
[1] https://www.tradingview.com/news/zacks:23d357527094b:0-endeavour-silver-s-ageq-production-increases-17-y-y-in-q2/
[2] https://www.nasdaq.com/articles/endeavour-silvers-ageq-production-increases-17-y-y-q2
[3] https://www.tipranks.com/news/the-fly/endeavour-silver-price-target-raised-to-c10-from-c7-25-at-cibc-thefly