Endeavour Silver (NYSE:EXK) (TSE:EDR)‘s stock had its “buy” rating restated by analysts at Noble Financial in a research report issued to clients and investors on Friday.
A number of other equities analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Endeavour Silver from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 25th. HC Wainwright restated a “buy” rating and set a $6.00 price target on shares of Endeavour Silver in a research report on Friday, August 3rd. TheStreet lowered shares of Endeavour Silver from a “c” rating to a “d+” rating in a research report on Monday, August 27th. Finally, ValuEngine lowered shares of Endeavour Silver from a “hold” rating to a “sell” rating in a research report on Wednesday, July 11th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. Endeavour Silver has an average rating of “Hold” and an average price target of $5.00.
Shares of EXK stock traded down $0.07 on Friday, reaching $2.41. 1,158,664 shares of the company were exchanged, compared to its average volume of 1,149,968. The stock has a market capitalization of $297.98 million, a P/E ratio of 30.13 and a beta of -0.21. Endeavour Silver has a 1 year low of $1.94 and a 1 year high of $3.35.
Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its earnings results on Thursday, August 2nd. The mining company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). The company had revenue of $38.77 million for the quarter, compared to analysts’ expectations of $40.70 million. Endeavour Silver had a return on equity of 0.23% and a net margin of 0.21%. On average, equities research analysts expect that Endeavour Silver will post 0.04 earnings per share for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. LPL Financial LLC boosted its position in Endeavour Silver by 6.9% during the first quarter. LPL Financial LLC now owns 334,472 shares of the mining company’s stock worth $813,000 after acquiring an additional 21,544 shares during the last quarter. Sigma Planning Corp boosted its position in Endeavour Silver by 44.4% during the second quarter. Sigma Planning Corp now owns 94,906 shares of the mining company’s stock worth $296,000 after acquiring an additional 29,178 shares during the last quarter. Global X Management Co LLC boosted its position in Endeavour Silver by 5.2% during the second quarter. Global X Management Co LLC now owns 1,918,087 shares of the mining company’s stock worth $5,984,000 after acquiring an additional 94,233 shares during the last quarter. Ancora Advisors LLC boosted its position in Endeavour Silver by 36.3% during the first quarter. Ancora Advisors LLC now owns 372,133 shares of the mining company’s stock worth $904,000 after acquiring an additional 99,065 shares during the last quarter. Finally, Raymond James & Associates acquired a new position in Endeavour Silver during the second quarter worth about $406,000. Hedge funds and other institutional investors own 19.09% of the company’s stock.
About Endeavour Silver
Endeavour Silver Corp., a mid-tier precious metals mining company, engages in the mining, evaluation, acquisition, exploration, development, extraction, processing, refining, and reclamation of silver in Mexico and Chile. The company also explores for gold deposits. It owns interests in the Guanaceví mine located in the Guanaceví district, Durango, Mexico; and the Bolañitos and El Cubo silver-gold mines located in the northern parts of the Guanajuato and La Luz silver districts in the state of Guanajuato, Mexico.
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