Endeavour Silver (NYSE:EXK) Stock Rating Upgraded by TD Securities

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR was upgraded by equities research analysts at TD Securities to a "strong-buy" rating in a report released on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the company. HC Wainwright reduced their price objective on Endeavour Silver from $7.25 to $7.00 and set a "buy" rating for the company in a report on Friday, January 10th. StockNews.com raised Endeavour Silver to a "sell" rating in a report on Friday, February 28th. Finally, Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Endeavour Silver presently has an average rating of "Moderate Buy" and a consensus price target of $6.56.

Endeavour Silver Stock Performance

EXK stock opened at $4.53 on Monday. The firm has a market cap of $1.19 billion, a PE ratio of -34.81 and a beta of 1.55. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average of $3.82 and a 200-day moving average of $4.02. Endeavour Silver has a 12-month low of $2.02 and a 12-month high of $5.67.

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

Institutional Investors Weigh In On Endeavour Silver

Several institutional investors have recently made changes to their positions in the stock. LPL Financial LLC lifted its position in shares of Endeavour Silver by 1.0% during the fourth quarter. LPL Financial LLC now owns 282,520 shares of the mining company's stock worth $1,034,000 after acquiring an additional 2,661 shares in the last quarter. Vident Advisory LLC raised its position in shares of Endeavour Silver by 2.8% in the fourth quarter. Vident Advisory LLC now owns 235,043 shares of the mining company's stock worth $860,000 after buying an additional 6,441 shares in the last quarter. Cantor Fitzgerald L. P. raised its position in shares of Endeavour Silver by 33.0% in the fourth quarter. Cantor Fitzgerald L. P. now owns 30,200 shares of the mining company's stock worth $111,000 after buying an additional 7,500 shares in the last quarter. Swiss National Bank raised its position in shares of Endeavour Silver by 2.1% in the fourth quarter. Swiss National Bank now owns 485,900 shares of the mining company's stock worth $1,781,000 after buying an additional 9,800 shares in the last quarter. Finally, Alpha Cubed Investments LLC purchased a new stake in shares of Endeavour Silver in the fourth quarter worth $37,000. Hedge funds and other 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.

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