Analysts expect that Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) will announce sales of $37.86 million for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Endeavour Silver’s earnings, with estimates ranging from $36.00 million to $39.71 million. Endeavour Silver posted sales of $28.70 million in the same quarter last year, which suggests a positive year-over-year growth rate of 31.9%. The company is scheduled to issue its next earnings results on Thursday, March 1st.

On average, analysts expect that Endeavour Silver will report full-year sales of $37.86 million for the current fiscal year, with estimates ranging from $145.00 million to $165.50 million. For the next financial year, analysts forecast that the company will report sales of $175.20 million per share, with estimates ranging from $161.00 million to $187.20 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Endeavour Silver.

A number of research analysts recently weighed in on EXK shares. HC Wainwright reiterated a “buy” rating and issued a $6.00 target price on shares of Endeavour Silver in a report on Thursday, August 31st. Canaccord Genuity started coverage on Endeavour Silver in a report on Thursday, September 7th. They issued a “hold” rating on the stock. Noble Financial reiterated a “buy” rating on shares of Endeavour Silver in a report on Wednesday, October 11th. Zacks Investment Research cut Endeavour Silver from a “hold” rating to a “strong sell” rating in a report on Thursday, October 12th. Finally, BMO Capital Markets started coverage on Endeavour Silver in a report on Friday, November 17th. They issued a “market perform” rating on the stock. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Endeavour Silver presently has a consensus rating of “Hold” and a consensus target price of $4.94.

A number of large investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC raised its position in Endeavour Silver by 5.5% in the second quarter. HighTower Advisors LLC now owns 37,200 shares of the mining company’s stock valued at $115,000 after purchasing an additional 1,925 shares during the period. Pacad Investment Ltd. raised its position in Endeavour Silver by 94.0% in the second quarter. Pacad Investment Ltd. now owns 74,090 shares of the mining company’s stock valued at $226,000 after purchasing an additional 35,900 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its position in Endeavour Silver by 622.8% in the third 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 period. Jane Street Group LLC raised its position in Endeavour Silver by 66.5% in the third 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 period. Finally, Dynamic Technology Lab Private Ltd raised its position in Endeavour Silver by 247.7% in the second quarter. Dynamic Technology Lab Private Ltd now owns 126,983 shares of the mining company’s stock valued at $387,000 after purchasing an additional 90,461 shares during the period. 23.26% of the stock is currently owned by institutional investors.

Shares of Endeavour Silver (NYSE:EXK) traded down $0.04 during trading on Thursday, reaching $2.00. The company had a trading volume of 1,243,433 shares, compared to its average volume of 2,091,186. Endeavour Silver has a 52-week low of $1.94 and a 52-week high of $4.90. The firm has a market capitalization of $266.38, a PE ratio of 104.50 and a beta of -0.14.

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

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