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Endeavour Silver Reports Record Earnings, Cash Flow and Revenue in 2012; Shares Up 11% from Near Yr Lows

Endeavour Silver Corp. (EDR.TO) announced today record earnings, cash flow and revenue for the year ended December 31, 2012.

Highlights of Fiscal 2012 (Compared to Fiscal 2011)

Financial

- Net earnings increased 124% to $42.1 million ($0.45 per share) compared to $18.8 million ($0.22 per share)

- Adjusted earnings(1) increased 24% to $40.2 million ($0.42 per share) compared to $32.4 million ($0.37 per share)

- EBITDA increased 71% to $90.5 million

- Cash flow from operations before working capital changes increased 30% to $82.9 million

- Mine operating cash flow increased 32% to $114.4 million

- Revenue increased 63% to $208.1 million

Endeavour is up 64 cents (10.76%) to $6.59 near midday, still near a yr low of $5.15. Volume traded is 283,233.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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