Shares of Endeavour Silver Corp (NYSE:EXK) (TSE:EDR) have been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $3.00.
EXK has been the subject of several analyst reports. GMP Securities downgraded shares of Endeavour Silver from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. HC Wainwright reissued a “buy” rating and issued a $3.00 price target on shares of Endeavour Silver in a report on Monday, January 13th. Pi Financial reissued a “hold” rating and issued a $3.00 price target on shares of Endeavour Silver in a report on Friday, November 22nd. ValuEngine downgraded shares of Endeavour Silver from a “buy” rating to a “hold” rating in a report on Wednesday, January 15th. Finally, Zacks Investment Research downgraded shares of Endeavour Silver from a “hold” rating to a “sell” rating in a report on Tuesday, December 10th.
Several hedge funds and other institutional investors have recently bought and sold shares of EXK. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Endeavour Silver by 105.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,562 shares of the mining company’s stock worth $28,000 after acquiring an additional 6,450 shares during the last quarter. Brookstone Capital Management bought a new stake in shares of Endeavour Silver during the 3rd quarter worth $43,000. FNY Investment Advisers LLC bought a new stake in shares of Endeavour Silver during the 3rd quarter worth $88,000. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Endeavour Silver by 6.8% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 79,026 shares of the mining company’s stock worth $161,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Virtu Financial LLC lifted its holdings in shares of Endeavour Silver by 287.3% during the 3rd quarter. Virtu Financial LLC now owns 124,668 shares of the mining company’s stock worth $277,000 after acquiring an additional 92,477 shares during the last quarter. 19.07% of the stock is owned by institutional investors.
NYSE:EXK traded down $0.03 during trading hours on Wednesday, hitting $2.11. The stock had a trading volume of 1,281,300 shares, compared to its average volume of 2,275,293. The company has a 50 day simple moving average of $2.23 and a two-hundred day simple moving average of $2.33. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.28 and a quick ratio of 2.46. Endeavour Silver has a one year low of $1.68 and a one year high of $3.20. The firm has a market capitalization of $302.38 million, a price-to-earnings ratio of -8.12 and a beta of 0.17.
Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings results on Tuesday, November 5th. The mining company reported ($0.05) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.01). Endeavour Silver had a negative net margin of 28.01% and a negative return on equity of 22.50%. The firm had revenue of $28.59 million during the quarter, compared to the consensus estimate of $28.00 million. Equities research analysts anticipate that Endeavour Silver will post -0.25 earnings per share for the current year.
About Endeavour Silver
Endeavour Silver Corp., a mid-tier silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mining properties in Mexico and Chile. The company also explores for gold deposits and precious metals. The company has interests in three producing silver-gold mines in Mexico, including the Guanaceví mine in Durango; the Bolañitos mine in Guanajuato; and the El Cubo mine in Guanajuato.
Further Reading: Risk Tolerance
Receive News & Ratings for Endeavour Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavour Silver and related companies with MarketBeat.com's FREE daily email newsletter.