Endeavour Silver Corp (NYSE:EXK) (TSE:EDR) – Investment analysts at National Bank Financial increased their Q4 2017 earnings estimates for shares of Endeavour Silver in a research report issued on Wednesday, Zacks Investment Research reports. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings of ($0.01) per share for the quarter, up from their prior forecast of ($0.02). National Bank Financial also issued estimates for Endeavour Silver’s FY2018 earnings at ($0.02) EPS.
Several other research analysts have also commented on EXK. Zacks Investment Research raised Endeavour Silver from a “strong sell” rating to a “hold” rating in a research report on Friday, October 20th. HC Wainwright restated a “buy” rating and set a $6.00 target price on shares of Endeavour Silver in a research note on Wednesday, October 25th. BMO Capital Markets started coverage on Endeavour Silver in a research note on Friday, November 17th. They set a “market perform” rating on the stock. ValuEngine downgraded Endeavour Silver from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Finally, Noble Financial restated a “buy” rating on shares of Endeavour Silver in a research note on Thursday, January 11th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. Endeavour Silver currently has a consensus rating of “Hold” and an average price target of $4.94.
Endeavour Silver (EXK) opened at $2.23 on Monday. The company has a market capitalization of $268.93, a price-to-earnings ratio of 111.50 and a beta of -0.03. Endeavour Silver has a 1 year low of $1.94 and a 1 year high of $4.85.
A number of hedge funds have recently made changes to their positions in the stock. Van ECK Associates Corp grew its stake in Endeavour Silver by 11.2% during the 3rd quarter. Van ECK Associates Corp now owns 9,370,190 shares of the mining company’s stock worth $22,301,000 after buying an additional 944,317 shares during the last quarter. Global X Management Co. LLC grew its stake in Endeavour Silver by 5.0% during the 4th quarter. Global X Management Co. LLC now owns 1,698,354 shares of the mining company’s stock valued at $4,059,000 after purchasing an additional 81,057 shares during the last quarter. Global X MANAGEMENT CO LLC grew its stake in Endeavour Silver by 8.2% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 1,617,297 shares of the mining company’s stock valued at $3,849,000 after purchasing an additional 122,180 shares during the last quarter. Ninepoint Partners LP grew its stake in Endeavour Silver by 26.4% during the 4th quarter. Ninepoint Partners LP now owns 1,022,261 shares of the mining company’s stock valued at $2,443,000 after purchasing an additional 213,800 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Endeavour Silver by 666.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 335,238 shares of the mining company’s stock valued at $1,023,000 after purchasing an additional 291,507 shares during the last quarter. Hedge funds and other institutional investors own 21.70% of the company’s stock.
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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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