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Endeavour Silver suspends Guanaceví mill, expects Q3 output hit

Endeavour Silver (NYSE: EXK) (TSX: EDR) has suspended ore processing at its Guanaceví operation in Mexico after the trunnion on the primary ball mill stopped working. The equipment could take up to 12 weeks to replace, the miner said.

Shares of Endeavour Silver plunged on the news, down 19.3% to $3.40 by 11:25 a.m. in Toronto, for a market capitalization of C$848.8 million ($617.5 million).

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