Endeavour Silver Corp. (NYSE:EXK) Given Average Recommendation of "Buy" by Brokerages

Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR has been assigned an average rating of "Buy" from the six ratings firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $6.63.

EXK has been the topic of a number of recent research reports. TD Securities assumed coverage on shares of Endeavour Silver in a report on Friday, November 29th. They issued a "buy" rating on the stock. StockNews.com raised shares of Endeavour Silver to a "sell" rating in a research report on Wednesday, November 6th. HC Wainwright restated a "buy" rating and issued a $7.25 price objective on shares of Endeavour Silver in a report on Monday, December 2nd. Alliance Global Partners upped their target price on Endeavour Silver from $5.25 to $6.25 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. Finally, Ventum Cap Mkts upgraded Endeavour Silver to a "strong-buy" rating in a research note on Wednesday, November 13th.

Endeavour Silver Stock Down 1.7 %

EXK stock traded down $0.07 during trading hours on Friday, reaching $4.11. 3,040,641 shares of the stock were exchanged, compared to its average volume of 5,876,873. The firm's 50-day moving average is $4.58 and its 200-day moving average is $4.00. Endeavour Silver has a 12 month low of $1.42 and a 12 month high of $5.67. The company has a market cap of $1.08 billion, a price-to-earnings ratio of -31.62 and a beta of 1.62. 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 (NYSE:EXK - Get Free Report) TSE: EDR last posted its quarterly earnings data on Tuesday, November 5th. The mining company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The business had revenue of $53.40 million during the quarter, compared to the consensus estimate of $54.91 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. Endeavour Silver's quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the company earned ($0.04) earnings per share. On average, equities research analysts expect that Endeavour Silver will post -0.08 earnings per share for the current year.

Institutional Trading of Endeavour Silver

Hedge funds have recently made changes to their positions in the business. Blue Trust Inc. lifted its stake in shares of Endeavour Silver by 139.6% during the 3rd quarter. Blue Trust Inc. now owns 14,400 shares of the mining company's stock worth $57,000 after buying an additional 8,389 shares during the last quarter. Rathbones Group PLC lifted its position in Endeavour Silver by 58.8% during the second quarter. Rathbones Group PLC now owns 22,950 shares of the mining company's stock worth $81,000 after acquiring an additional 8,500 shares during the last quarter. Geode Capital Management LLC lifted its position in Endeavour Silver by 9.9% during the third quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company's stock worth $460,000 after acquiring an additional 10,543 shares during the last quarter. Hohimer Wealth Management LLC bought a new stake in shares of Endeavour Silver during the second quarter worth approximately $42,000. Finally, Baader Bank Aktiengesellschaft acquired a new position in shares of Endeavour Silver in the second quarter valued at approximately $42,000. 20.06% of the stock is owned by institutional investors and hedge funds.

About Endeavour Silver

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.