Bradford Cooke, Founder and CEO of Endeavour Silver Corp (EXK), says he believes 2014 could be a turnaround year for precious metals. He says that will bode well for his company and its shareholders.
“Endeavour is one of the most leveraged of the silver producers, and for every $1 move in the price of silver, we could see an $11 million increase in our annual earnings before tax, EBITDA,” Cooke says. “That means we can potentially double our EBITDA for every 25% move in the price of silver.”
FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE.
Cooke says Endeavour Silver Corp is forecasting three years of organic growth, which he says will create shareholder value. In addition, he is anticipating stronger silver prices toward the end of this year.
“If the precious metal prices move into the next leg of the commodity cycle this year, the shares could and should outperform the metals,” Cooke says.
Silver (Ag) for Free Once the Mine Comes on Stream for Endeavour Silver Corp. (EXK)
November 30, 2018
Bradford Cooke, CEO of Endeavour Silver Corp., Develops Five Silver Mines in Mexico
December 13, 2017
Ultra Petroleum Corp. (UPL) Would Double EBITDA at $4.50 Natural Gas Price Level
January 21, 2014
Range Resources Corp. (RRC) Grows EBITDA and Production Despite Lower Natural Gas Prices
March 03, 2015
Move Inc. impressive to Jason Helfstein of Oppenheimer
April 24, 2009