Tale of the Tape: A Permitted Northern Silver Mine Squares Off With Four Producers
Key Highlights
- ➤Honey Badger’s PC Silver PEA shows C$1.7B after-tax NPV5% and 29% IRR
- ➤Hecla Q3 silver production reached 4.2 million ounces with record $151M free cash flow
- ➤First Majestic Q3 revenue rose 38% to $394.1M; San Dimas operations remain suspended
- ➤Pan American reported $1.006B Q3 revenue and returned $300M to shareholders
- ➤Endeavour revised 2026 guidance to 7.8–8.1M silver ounces and 42,000–43,500 gold ounces
TORONTO, Nov. 13, 2026 (GLOBE NEWSWIRE) -- USA Newsroom News Commentary - Four NYSE-listed silver producers reported third quarter results between November 3 and November 9, with figures that range from record free cash flow to a suspended mine. In the other corner sits a development company that acquired a Canadian silver mine built in the early 1980s, and has since completed a new economic study on it. The card below sets them side by side on the same four lines. Companies mentioned in today’s commentary include: Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) (FSE: 1QA), Hecla Mining Company (NYSE: HL), First Majestic Silver Corp. (NYSE: AG), Pan American Silver Corp. (NYSE: PAAS), Endeavour Silver Corp. (NYSE: EXK).
Every company below is measured on the same four lines. Weight class is the stage the company is at. Home turf is where its assets sit. Reach is the latest set of numbers the company itself has reported. Next bout is what the company says comes next. This is a side-by-side, not a scorecard, and no winner is declared. The figures are taken from each company’s own news releases and filings.
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