Thank you for standing by. This is the conference operator. Welcome to the Endeavour Silver Second Quarter Financial Results Conference Call. [Operator Instructions]
I would now like to turn the conference over to Galina Meleger, Director of Investor Relations. Please go ahead.
Thank you, operator. Good morning, everyone, and welcome to the Endeavour Silver 2020 Second Quarter Financial Results Conference Call. With me on the line today, we have the company's Chief Executive Officer, Bradford Cooke; our Chief Financial Officer, Dan Dickson; and our Chief Operating Officer, Godfrey Walton.
Before we get started, I'm required to remind you that certain statements on today's call will contain forward-looking information within the meaning of applicable securities laws. These may include statements regarding Endeavour's anticipated performance in 2020 and future years, including revenue and cost figures, silver and gold production, grades and recoveries, and the timing and expenditures required to develop new silver mines and mineralized zones. We do not intend to and do not assume any obligation to update such forward-looking information other than as required by applicable law.
On behalf of Endeavour Silver, I'd like to thank you again for joining our call.
And I'll now turn it over to our CEO, Bradford Cooke.
Great. Thank you, Galina, and welcome everybody to this financial results for the second quarter conference call. We had a lot of challenges thrown at us during the second quarter not the least, of which was the COVID-19 pandemic, the government-mandated shutdown of mines in Mexico, since reopened, and all the issues related to that. I am pleased to report that, notwithstanding all of that, Endeavour was actually able to deliver a decent quarter.
We reduced our net loss quarter-on-quarter. Each mine generated positive line free cash flow. And that was generally due to the -- not only the higher metal -- precious metal prices but our improved operating performance across the three mines.
So I'm just going to go through the highlights of today's news release and then we'll open it up for Q&A. Top line revenue was $20.2 million in the second quarter. And of course with reduced production that was quite an accomplishment. Our cash flow came in at $1.9 million before -- sorry that's from operations before working capital changes.
Net income was a loss of $3.3 million or $0.02 per share, but virtually all of that could be found in the care and maintenance costs during the mine suspension period when we actually had to send our employees home on their full wages and wait out the suspension period, and also in general and administrative costs related to the mark-to-market of our deferred share units, due to the higher share price.
So balance sheet improved during the quarter. We finished the quarter with more than $30 million in cash, and more than $44 million working capital. That was partly, due to making use of our ATM equity financing, but also due to the performance of the operations.
Metal production as a reminder was
Director of Investor Relations
Chief Executive Officer
Chief Financial Officer
President and Chief Operating Officer
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