Brokerages Set Endeavour Silver Corp. (NYSE:EXK) Price Target at $6.63

Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR has been assigned a consensus rating of "Moderate Buy" from the five analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $6.63.

EXK has been the topic of a number of research analyst reports. StockNews.com upgraded shares of Endeavour Silver to a "sell" rating in a research note on Wednesday, November 6th. HC Wainwright raised their price target on shares of Endeavour Silver from $6.00 to $7.25 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. Finally, Alliance Global Partners raised their price target on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd.

Endeavour Silver Trading Down 0.2 %

Shares of Endeavour Silver stock traded down $0.01 during trading hours on Tuesday, hitting $4.42. The company's stock had a trading volume of 2,956,880 shares, compared to its average volume of 5,477,750. Endeavour Silver has a 1-year low of $1.42 and a 1-year high of $5.67. The business has a fifty day moving average of $4.23 and a 200 day moving average of $3.83. The company has a market capitalization of $1.09 billion, a PE ratio of -34.38 and a beta of 1.67. The company has a quick ratio of 1.65, a current ratio of 1.39 and a debt-to-equity ratio of 0.20.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last announced its earnings results on Tuesday, November 5th. The mining company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The business had revenue of $53.40 million during the quarter, compared to the consensus estimate of $54.91 million. During the same period in the prior year, the firm earned ($0.04) earnings per share. The business's quarterly revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts forecast that Endeavour Silver will post 0.04 EPS for the current year.

Hedge Funds Weigh In On Endeavour Silver

Several large investors have recently made changes to their positions in the business. Van ECK Associates Corp boosted its holdings in shares of Endeavour Silver by 126.3% in the second quarter. Van ECK Associates Corp now owns 24,467,240 shares of the mining company's stock worth $86,125,000 after buying an additional 13,657,121 shares during the period. Tidal Investments LLC bought a new position in Endeavour Silver during the first quarter valued at approximately $19,008,000. Jupiter Asset Management Ltd. raised its position in Endeavour Silver by 60.1% during the first quarter. Jupiter Asset Management Ltd. now owns 10,781,056 shares of the mining company's stock valued at $25,972,000 after acquiring an additional 4,046,065 shares in the last quarter. TD Asset Management Inc bought a new position in Endeavour Silver during the second quarter valued at approximately $9,452,000. Finally, National Bank of Canada FI raised its position in Endeavour Silver by 5,735.0% during the second quarter. National Bank of Canada FI now owns 438,794 shares of the mining company's stock valued at $1,522,000 after acquiring an additional 431,274 shares in the last quarter. Institutional investors own 20.06% of the company's stock.

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.