Endeavour Silver Corp (NYSE:EXK) (TSE:EDR) has earned an average recommendation of “Hold” from the ten brokerages that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $6.00.
EXK has been the topic of a number of research analyst reports. HC Wainwright set a $6.00 target price on Endeavour Silver and gave the stock a “buy” rating in a research note on Thursday, November 16th. Noble Financial restated a “buy” rating on shares of Endeavour Silver in a research note on Thursday, January 11th. BMO Capital Markets initiated coverage on Endeavour Silver in a research note on Friday, November 17th. They issued a “market perform” rating on the stock. ValuEngine lowered Endeavour Silver from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Finally, Zacks Investment Research lowered Endeavour Silver from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th.
Shares of Endeavour Silver (NYSE:EXK) traded down $0.01 during midday trading on Friday, reaching $2.47. The company’s stock had a trading volume of 465,420 shares, compared to its average volume of 1,377,798. The company has a market cap of $316.17, a price-to-earnings ratio of 30.82 and a beta of 0.06. Endeavour Silver has a fifty-two week low of $1.94 and a fifty-two week high of $3.73.
Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its earnings results on Monday, February 26th. The mining company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. The business had revenue of $41.64 million for the quarter, compared to analyst estimates of $39.19 million. Endeavour Silver had a return on equity of 6.78% and a net margin of 6.43%. equities analysts anticipate that Endeavour Silver will post 0.16 earnings per share for the current fiscal year.
Several institutional investors have recently made changes to their positions in EXK. Goldman Sachs Group Inc. bought a new position in shares of Endeavour Silver during the 4th quarter valued at about $114,000. Essex Investment Management Co. LLC bought a new position in shares of Endeavour Silver during the 4th quarter valued at about $142,000. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Endeavour Silver by 622.8% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 79,556 shares of the mining company’s stock valued at $194,000 after purchasing an additional 68,550 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of Endeavour Silver during the 3rd quarter valued at about $226,000. Finally, Jane Street Group LLC increased its position in shares of Endeavour Silver by 66.5% during the 3rd quarter. Jane Street Group LLC now owns 192,707 shares of the mining company’s stock valued at $459,000 after purchasing an additional 76,937 shares during the last quarter. Hedge funds and other institutional investors own 20.58% of the company’s stock.
Endeavour Silver Company Profile
Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.
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