Shares in Endeavour Silver (TSX:EDR), (NYSE:EXK) traded 5 cents lower in New York on Tuesday after a significant drop in silver output at its three Mexican mines in Q3-2016. The Vancouver-based miner reported that silver output dropped 29% to 1,284,646 ounces in the quarter compared to Q3-2015; gold production also decreased 6% to 14,364 ounces. Endeavour Silver currently has eight drill rigs working on five projects. The company says it is still on track to meet its full-year revised guidance of 5.5-6 million ounces of silver, 49,000-54,000 ounces gold and 9-9.8 million ounces of silver equivalents. Soft silver prices had prompted cutbacks earlier this year, but Endeavour Silver is now investing in new ore bodies at its Guanaceví mine in Durango state, as well as at its Bolañitos and El Cubo mines in Guanajuato state. It continues to work on the prefeasibility study for Terronera and a preliminary economic assessment for El Compás, due to be completed by the end of the year. Endeavour Silver is also working to integrate its recently-acquired Parral properties in the historic Hidalgo de Parral district into its project pipeline.