Endeavour Silver Corp. (NYSE:EXK) Given Consensus Recommendation of "Buy" by Analysts

Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR has been assigned a consensus recommendation of "Buy" from the seven brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $6.63.

EXK has been the subject of a number of analyst reports. TD Securities upgraded Endeavour Silver to a "strong-buy" rating in a report on Monday, March 10th. Raymond James initiated coverage on Endeavour Silver in a research note on Friday, March 21st. They issued an "outperform" rating on the stock. StockNews.com upgraded shares of Endeavour Silver to a "sell" rating in a research note on Friday, February 28th. HC Wainwright reissued a "buy" rating and set a $7.25 target price on shares of Endeavour Silver in a research note on Thursday, April 10th. Finally, Alliance Global Partners reissued a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th.

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Institutional Investors Weigh In On Endeavour Silver

Institutional investors have recently modified their holdings of the stock. Schroder Investment Management Group acquired a new stake in Endeavour Silver during the fourth quarter valued at $36,000. Alpha Cubed Investments LLC acquired a new position in Endeavour Silver in the fourth quarter worth approximately $37,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Endeavour Silver during the fourth quarter valued at approximately $43,000. Farringdon Capital Ltd. acquired a new stake in Endeavour Silver in the fourth quarter valued at approximately $55,000. Finally, Oxford Asset Management LLP bought a new stake in Endeavour Silver in the fourth quarter worth approximately $57,000. Institutional investors and hedge funds own 20.06% of the company's stock.

Endeavour Silver Trading Up 2.3 %

EXK traded up $0.10 during midday trading on Friday, hitting $4.15. The company's stock had a trading volume of 1,435,114 shares, compared to its average volume of 10,440,351. The firm has a market cap of $1.14 billion, a P/E ratio of -32.04 and a beta of 1.47. Endeavour Silver has a 52-week low of $2.42 and a 52-week high of $5.67. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $4.05 and a two-hundred day moving average price of $4.15.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last posted its quarterly earnings results on Tuesday, March 11th. The mining company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.03. The firm had revenue of $42.20 million during the quarter, compared to the consensus estimate of $69.90 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. On average, research analysts anticipate that Endeavour Silver will post -0.07 earnings per share for the current year.

Endeavour Silver Company Profile

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.