Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR had its price objective lowered by analysts at HC Wainwright from $7.25 to $7.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a "buy" rating on the mining company's stock. HC Wainwright's price target would suggest a potential upside of 97.18% from the company's current price.
EXK has been the subject of a number of other reports. TD Securities began coverage on shares of Endeavour Silver in a research report on Friday, November 29th. They set a "buy" rating for the company. StockNews.com raised shares of Endeavour Silver to a "sell" rating in a research report on Tuesday, December 24th. Ventum Cap Mkts raised shares of Endeavour Silver to a "strong-buy" rating in a report on Wednesday, November 13th. Finally, Alliance Global Partners lifted their target price on Endeavour Silver from $5.25 to $6.25 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $6.56.
Read Our Latest Report on EXK
Endeavour Silver Trading Up 0.6 %
EXK stock traded up $0.02 during trading on Friday, reaching $3.55. 6,798,220 shares of the stock traded hands, compared to its average volume of 7,882,820. The firm has a market capitalization of $931.24 million, a PE ratio of -27.31 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. The business's 50 day moving average price is $4.15 and its 200-day moving average price is $4.01. Endeavour Silver has a 52-week low of $1.42 and a 52-week high of $5.67.
Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last posted its quarterly earnings results on Tuesday, November 5th. The mining company reported $0.01 EPS 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 firm had revenue of $53.40 million for the quarter, compared to analyst estimates of $54.91 million. During the same quarter last year, the firm posted ($0.04) earnings per share. Endeavour Silver's revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Endeavour Silver will post -0.08 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. American Century Companies Inc. acquired a new position in Endeavour Silver during the 2nd quarter valued at about $589,000. Quest Partners LLC acquired a new position in shares of Endeavour Silver during the third quarter worth approximately $964,000. Van ECK Associates Corp grew its holdings in Endeavour Silver by 2.7% in the 3rd quarter. Van ECK Associates Corp now owns 25,125,455 shares of the mining company's stock worth $98,994,000 after buying an additional 658,215 shares in the last quarter. U S Global Investors Inc. acquired a new stake in Endeavour Silver in the 3rd quarter valued at approximately $1,382,000. Finally, Barclays PLC raised its stake in Endeavour Silver by 1,730,033.3% during the 3rd quarter. Barclays PLC now owns 51,904 shares of the mining company's stock valued at $205,000 after acquiring an additional 51,901 shares in the last quarter. Institutional investors and hedge funds own 20.06% of the company's stock.
Endeavour Silver Company Profile
(
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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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