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

Shares of Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR have earned an average recommendation of "Buy" from the six analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $6.63.

A number of equities research analysts have recently weighed in on the company. HC Wainwright raised their price target on Endeavour Silver from $7.00 to $7.25 and gave the stock a "buy" rating in a research note on Wednesday, March 12th. StockNews.com raised Endeavour Silver to a "sell" rating in a report on Friday, February 28th. Alliance Global Partners reissued a "buy" rating on shares of Endeavour Silver in a report on Wednesday, March 12th. Finally, TD Securities raised Endeavour Silver to a "strong-buy" rating in a report on Monday, March 10th.

Institutional Trading of Endeavour Silver

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EXK. Schroder Investment Management Group bought a new stake in shares of Endeavour Silver in the 4th quarter worth approximately $36,000. Alpha Cubed Investments LLC bought a new stake in shares of Endeavour Silver in the 4th quarter worth approximately $37,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Endeavour Silver in the 4th quarter worth approximately $43,000. Farringdon Capital Ltd. bought a new stake in shares of Endeavour Silver in the 4th quarter worth approximately $55,000. Finally, Oxford Asset Management LLP bought a new stake in shares of Endeavour Silver in the 4th quarter worth approximately $57,000. Institutional investors and hedge funds own 20.06% of the company's stock.

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Endeavour Silver Stock Down 1.5 %

Endeavour Silver stock traded down $0.08 during mid-day trading on Monday, hitting $4.85. The company's stock had a trading volume of 8,774,429 shares, compared to its average volume of 6,737,599. The firm's 50 day moving average is $3.93 and its 200 day moving average is $4.08. The company has a market cap of $1.27 billion, a PE ratio of -37.27 and a beta of 1.55. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. Endeavour Silver has a 52-week low of $2.02 and a 52-week high of $5.67.

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 for the quarter, topping analysts' consensus estimates of ($0.01) by $0.03. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The company had revenue of $42.20 million during the quarter, compared to the consensus estimate of $69.90 million. On average, 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.