Analysts expect that Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) will report $36.96 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Endeavour Silver Corporation’s earnings, with the highest sales estimate coming in at $42.92 million and the lowest estimate coming in at $31.00 million. Endeavour Silver Corporation reported sales of $42.07 million in the same quarter last year, which indicates a negative year over year growth rate of 12.1%. The company is scheduled to announce its next earnings report on Thursday, November 2nd.

On average, analysts expect that Endeavour Silver Corporation will report full-year sales of $36.96 million for the current financial year, with estimates ranging from $133.00 million to $165.50 million. For the next year, analysts expect that the firm will post sales of $176.59 million per share, with estimates ranging from $154.00 million to $188.57 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover Endeavour Silver Corporation.

Several analysts have recently commented on the stock. Noble Financial restated a “buy” rating on shares of Endeavour Silver Corporation in a research note on Saturday, May 13th. Zacks Investment Research cut shares of Endeavour Silver Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 11th. HC Wainwright restated a “buy” rating and issued a $6.00 target price on shares of Endeavour Silver Corporation in a research note on Tuesday, July 4th. TheStreet upgraded shares of Endeavour Silver Corporation from a “d” rating to a “c-” rating in a research note on Tuesday, May 30th. Finally, BidaskClub cut shares of Endeavour Silver Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $5.71.

A number of institutional investors have recently made changes to their positions in EXK. Van ECK Associates Corp boosted its position in shares of Endeavour Silver Corporation by 32.5% in the first quarter. Van ECK Associates Corp now owns 20,341,055 shares of the mining company’s stock worth $64,685,000 after buying an additional 4,989,578 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Endeavour Silver Corporation by 0.5% in the first quarter. Renaissance Technologies LLC now owns 5,476,800 shares of the mining company’s stock worth $17,416,000 after buying an additional 29,500 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Endeavour Silver Corporation by 1,730.2% in the second quarter. Bank of Montreal Can now owns 2,058,260 shares of the mining company’s stock worth $6,278,000 after buying an additional 1,945,800 shares during the last quarter. Global X Management Co. LLC boosted its position in shares of Endeavour Silver Corporation by 15.2% in the first quarter. Global X Management Co. LLC now owns 1,510,720 shares of the mining company’s stock worth $4,804,000 after buying an additional 199,276 shares during the last quarter. Finally, ETF Managers Group LLC acquired a new position in shares of Endeavour Silver Corporation during the second quarter worth about $2,361,000. Institutional investors own 31.67% of the company’s stock.

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Endeavour Silver Corporation (NYSE:EXK) opened at 2.22 on Tuesday. The firm has a 50 day moving average of $2.83 and a 200-day moving average of $3.27. The firm has a market cap of $282.95 million, a P/E ratio of 43.53 and a beta of -0.01. Endeavour Silver Corporation has a 12 month low of $2.08 and a 12 month high of $5.89.

About Endeavour Silver Corporation

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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Earnings History and Estimates for Endeavour Silver Corporation (NYSE:EXK)

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