Endeavour Silver's (EXK) "Buy" Rating Reiterated at HC Wainwright

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR's stock had its "buy" rating reissued by HC Wainwright in a research note issued on Wednesday,Benzinga reports. They currently have a $7.25 target price on the mining company's stock. HC Wainwright's price objective points to a potential upside of 95.95% from the company's previous close.

Several other equities analysts have also recently issued reports on EXK. TD Securities began coverage on Endeavour Silver in a research note on Friday, November 29th. They issued a "buy" rating for the company. Alliance Global Partners lifted their price target on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a report on Wednesday, November 13th. Finally, StockNews.com upgraded shares of Endeavour Silver to a "sell" rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $6.63.

Endeavour Silver Stock Down 7.7 %

Endeavour Silver stock traded down $0.31 during mid-day trading on Wednesday, reaching $3.70. 10,476,003 shares of the company's stock were exchanged, compared to its average volume of 5,561,468. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Endeavour Silver has a twelve month low of $1.42 and a twelve month high of $5.67. The company has a market cap of $970.59 million, a P/E ratio of -28.46 and a beta of 1.62. The company has a fifty day moving average of $4.56 and a 200-day moving average of $4.01.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last announced its quarterly earnings data on Tuesday, November 5th. The mining company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The business had revenue of $53.40 million for the quarter, compared to analysts' expectations of $54.91 million. During the same period last year, the firm earned ($0.04) earnings per share. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. Sell-side analysts expect that Endeavour Silver will post -0.08 EPS for the current year.

Hedge Funds Weigh In On Endeavour Silver

Several hedge funds have recently added to or reduced their stakes in EXK. Hohimer Wealth Management LLC acquired a new position in shares of Endeavour Silver in the 2nd quarter valued at $42,000. Blue Trust Inc. lifted its position in Endeavour Silver by 139.6% in the third quarter. Blue Trust Inc. now owns 14,400 shares of the mining company's stock valued at $57,000 after acquiring an additional 8,389 shares during the last quarter. Oxbow Advisors LLC acquired a new position in Endeavour Silver in the second quarter valued at $51,000. Virtu Financial LLC purchased a new position in shares of Endeavour Silver during the third quarter worth about $80,000. Finally, Rathbones Group PLC increased its position in shares of 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 purchasing an additional 8,500 shares in the last quarter. 20.06% of the stock is currently owned by hedge funds and other institutional investors.

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.