Endeavour Silver (NYSE:EXK) (TSE:EDR)‘s stock had its “buy” rating reissued by equities researchers at Noble Financial in a report released on Thursday, January 11th.
A number of other brokerages have also recently commented on EXK. Zacks Investment Research cut Endeavour Silver from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 12th. HC Wainwright reaffirmed a “buy” rating and set a $6.00 price target on shares of Endeavour Silver in a research report on Wednesday, October 25th. ValuEngine cut Endeavour Silver from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Finally, BMO Capital Markets assumed coverage on Endeavour Silver in a research report on Friday, November 17th. They set a “market perform” rating on the stock. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Endeavour Silver presently has a consensus rating of “Hold” and an average price target of $4.94.
Shares of Endeavour Silver (EXK) traded up $0.02 during trading on Thursday, reaching $2.26. The company had a trading volume of 2,310,000 shares, compared to its average volume of 1,490,000. Endeavour Silver has a 1-year low of $1.94 and a 1-year high of $4.90. The company has a market capitalization of $288.78, a P/E ratio of 113.00 and a beta of -0.03.
Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings data on Thursday, November 2nd. The mining company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.01). Endeavour Silver had a return on equity of 1.30% and a net margin of 1.32%. The business had revenue of $39.78 million during the quarter, compared to analysts’ expectations of $35.10 million. sell-side analysts expect that Endeavour Silver will post 0.06 EPS for the current fiscal year.
Institutional investors and hedge funds have recently modified their holdings of the stock. HighTower Advisors LLC lifted its holdings in Endeavour Silver by 5.5% during the 2nd quarter. HighTower Advisors LLC now owns 37,200 shares of the mining company’s stock worth $115,000 after purchasing an additional 1,925 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in Endeavour Silver by 622.8% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 79,556 shares of the mining company’s stock worth $194,000 after acquiring an additional 68,550 shares during the last quarter. JPMorgan Chase & Co. bought a new position in Endeavour Silver in the 3rd quarter worth about $226,000. Cubist Systematic Strategies LLC bought a new position in Endeavour Silver in the 2nd quarter worth about $361,000. Finally, Dynamic Technology Lab Private Ltd increased its stake in Endeavour Silver by 247.7% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 126,983 shares of the mining company’s stock worth $387,000 after acquiring an additional 90,461 shares during the last quarter. 21.67% of the stock is currently owned by institutional investors and hedge funds.
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Endeavour Silver Company Profile
Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.
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