Endeavour Silver Corp. (NYSE:EXK) Given Consensus Rating of “Buy” by Analysts

Shares of Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) have earned a consensus rating of “Buy” from the six analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $6.63.

A number of equities analysts have issued reports on the company. Ventum Cap Mkts upgraded Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. StockNews.com upgraded Endeavour Silver to a “sell” rating in a report on Tuesday, December 24th. Alliance Global Partners raised their price objective on Endeavour Silver from $5.25 to $6.25 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. TD Securities began coverage on shares of Endeavour Silver in a report on Friday, November 29th. They issued a “buy” rating for the company. Finally, HC Wainwright restated a “buy” rating and set a $7.25 price target on shares of Endeavour Silver in a report on Wednesday, December 18th.

Institutional Trading of Endeavour Silver

Hedge funds have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Endeavour Silver by 44,584.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,897 shares of the mining company’s stock worth $151,000 after purchasing an additional 42,801 shares during the period. Banque Cantonale Vaudoise bought a new stake in shares of Endeavour Silver in the second quarter valued at $87,000. TD Asset Management Inc purchased a new position in shares of Endeavour Silver during the 2nd quarter valued at $9,452,000. Hohimer Wealth Management LLC bought a new position in shares of Endeavour Silver during the 2nd quarter worth $42,000. Finally, National Bank of Canada FI increased its holdings in Endeavour Silver by 5,735.0% in the 2nd quarter. National Bank of Canada FI now owns 438,794 shares of the mining company’s stock worth $1,522,000 after acquiring an additional 431,274 shares during the last quarter. Institutional investors own 20.06% of the company’s stock.

Endeavour Silver Trading Down 3.0 %

NYSE EXK opened at $3.88 on Wednesday. Endeavour Silver has a 52 week low of $1.42 and a 52 week high of $5.67. The business has a 50 day moving average price of $4.30 and a 200-day moving average price of $4.01. 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 company has a market cap of $1.02 billion, a price-to-earnings ratio of -29.85 and a beta of 1.64.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings data on Tuesday, November 5th. The mining company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The firm had revenue of $53.40 million for the quarter, compared to the consensus estimate of $54.91 million. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.04) earnings per share. As a group, equities analysts expect that Endeavour Silver will post -0.08 earnings per share for the current fiscal year.

About Endeavour Silver

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.