07:22 AM EDT, 05/06/2019 (MT Newswires) -- Endeavour Silver (EDR.TO) reported Monday net loss per diluted share of US$0.10 ($0.13) for Q1, compared to last year's net income per diluted share of US$0.02.

Revenue was US$29.1 million, a steep decline from the US$40.3 million recorded in the same period a year ago.

The company produced 1.1 million ounces of silver and 10,055 ounces of gold, down 21% and 24%, respectively, from last year. Silver equivalent production was 1.9 million ounces, a year-over-year decrease of 22%.

Despite results, the company said it expects silver grades to improve in the second half of the year at its Guanacev'i mine in Durango, Mexico.

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