Endeavour Mining reports record free cash flow and $301 million shareholder returns in H1 2026

Eureka Metals Corp. completed its 2026 exploration program at the fully‑optioned Cabin Lake silver‑lead‑zinc‑gold project in central British Columbia. The field work gathered 622 soil and 96 rock samples, documenting extensive epithermal vein formation, hydrothermal alteration and favorable structural settings. Laboratory analyses are pending.

Endeavour Mining plc announced a record $761 million of free cash flow for the first half of 2026, with 564,000 oz of gold produced at an all‑in sustaining cost of $1,871 per ounce. The company returned $301 million to shareholders — $230 million in dividends and $71 million in share repurchases — and outlined its growth plans, including a final investment decision on the Assafou project by year‑end and an underground expansion at Sabodala‑Massawa.

A drop in gold prices lowered Endeavour Mining’s royalty payments to West African governments to $118.2 million in Q2 2026, down from $125.2 million in Q1, reflecting a decline in the average realized gold price from $4,810 to $4,348 per ounce.

Endeavour Silver Corp. received a consensus “Moderate Buy” rating from nine brokerages, with an average target price of $14.50. In its Q2 2026 results the company produced 1.94 million ounces of silver and 10,474 ounces of gold, posted revenue 149 % higher year‑over‑year, generated $99.9 million of operating cash flow and held $236.6 million in cash.