What happened Shares of Endeavour Silver Corp (NYSE: EXK) jumped as much as 15.2% in trading Thursday after the company reported third-quarter earnings. The bottom line didn't hit expectations, but revenue was better than hoped. At 1:50 p.m. EDT, shares were still up 11.9% on the day. So what Revenue fell 5% to 39.8 million in the quarter, despite a 6% increase in silver ounces sold. Gold ounces sold fell 3%, realized silver price dropped 10%, and realized gold price was down 3%. That drove an 82% decline in net income to $1 million. Image source: Getty Images. On a per-share basis, earnings were $0.01, which was a penny below expectations, but that didn't seem to concern investors. Revenue easily topped the $36.4 million analysts were expecting, as the bar for gold and silver miners has come down significantly in recent months. Now what This is clearly a case of a company beating low expectations, but right now operations are hardly looking up. Production is down, costs are rising, and sale prices per ounce are dropping as well. None of those trends bode well for the company in the long term, which is why this is a pop I'll be staying away from today. 10 stocks we like better than Endeavour SilverWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Endeavour Silver wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of October 9, 2017Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.