HC Wainwright Forecasts Lower Earnings for Endeavour Silver

Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR - Equities research analysts at HC Wainwright cut their FY2025 EPS estimates for shares of Endeavour Silver in a research report issued to clients and investors on Wednesday, March 12th. HC Wainwright analyst H. Ihle now expects that the mining company will post earnings of $0.12 per share for the year, down from their previous estimate of $0.13. HC Wainwright has a "Buy" rating and a $7.25 price target on the stock. The consensus estimate for Endeavour Silver's current full-year earnings is ($0.07) per share.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last announced its earnings results on Tuesday, March 11th. The mining company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The firm had revenue of $42.20 million during the quarter, compared to the consensus estimate of $69.90 million.

EXK has been the subject of a number of other research reports. StockNews.com raised shares of Endeavour Silver to a "sell" rating in a research note on Friday, February 28th. TD Securities raised shares of Endeavour Silver to a "strong-buy" rating in a research note on Monday, March 10th. Finally, Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $6.63.

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Endeavour Silver Price Performance

EXK stock traded up $0.13 during trading on Friday, hitting $4.93. The stock had a trading volume of 13,602,027 shares, compared to its average volume of 6,691,735. The company's 50 day moving average price is $3.89 and its two-hundred day moving average price is $4.06. Endeavour Silver has a 1-year low of $2.02 and a 1-year high of $5.67. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of -37.88 and a beta of 1.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39.

Institutional Trading of Endeavour Silver

A number of institutional investors have recently modified their holdings of the company. Quest Partners LLC purchased a new position in Endeavour Silver in the 3rd quarter worth approximately $964,000. Quantbot Technologies LP purchased a new position in Endeavour Silver in the 3rd quarter worth approximately $100,000. Walleye Capital LLC purchased a new position in Endeavour Silver in the 3rd quarter worth approximately $111,000. National Bank of Canada FI boosted its holdings in Endeavour Silver by 3.4% in the 3rd quarter. National Bank of Canada FI now owns 453,869 shares of the mining company's stock worth $1,788,000 after acquiring an additional 15,075 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in Endeavour Silver in the 3rd quarter worth approximately $261,000. 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.