HC Wainwright set a $3.00 target price on Endeavour Silver (NYSE:EXK) (TSE:EDR) in a report issued on Thursday morning, Stock Target Advisor reports. The firm currently has a buy rating on the mining company’s stock.
Several other equities research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of ExlService from a hold rating to a sell rating in a research note on Wednesday. Noble Financial restated a hold rating on shares of Endeavour Silver in a research note on Sunday, June 23rd. Finally, BMO Capital Markets restated a hold rating on shares of Endeavour Silver in a research note on Friday, April 12th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Endeavour Silver has an average rating of Hold and a consensus price target of $2.81.
EXK opened at $1.75 on Thursday. Endeavour Silver has a fifty-two week low of $1.68 and a fifty-two week high of $3.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.57 and a current ratio of 3.31. The business’s fifty day simple moving average is $1.90.
Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued its earnings results on Monday, May 6th. The mining company reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.07). Endeavour Silver had a negative net margin of 20.16% and a negative return on equity of 16.79%. The firm had revenue of $29.10 million during the quarter, compared to analyst estimates of $32.66 million. On average, sell-side analysts anticipate that Endeavour Silver will post -0.1 EPS for the current fiscal year.
Large investors have recently modified their holdings of the company. Advisor Group Inc. boosted its stake in shares of Endeavour Silver by 93.5% in the 4th quarter. Advisor Group Inc. now owns 16,832 shares of the mining company’s stock valued at $36,000 after purchasing an additional 8,132 shares in the last quarter. Two Sigma Securities LLC lifted its position in Endeavour Silver by 200.1% during the 4th quarter. Two Sigma Securities LLC now owns 35,215 shares of the mining company’s stock worth $76,000 after buying an additional 23,479 shares in the last quarter. Toronto Dominion Bank lifted its position in Endeavour Silver by 164.5% during the 1st quarter. Toronto Dominion Bank now owns 37,186 shares of the mining company’s stock worth $93,000 after buying an additional 23,126 shares in the last quarter. Candriam Luxembourg S.C.A. acquired a new position in Endeavour Silver during the 4th quarter worth about $107,000. Finally, WESPAC Advisors LLC acquired a new position in Endeavour Silver during the 1st quarter worth about $126,000. Institutional investors own 19.04% of the company’s stock.
Endeavour Silver Company Profile
Endeavour Silver Corp., a mid-tier silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mining properties in Mexico and Chile. The company also explores for gold deposits and precious metals. The company has interests in three producing silver-gold mines in Mexico, including the Guanaceví mine in Durango; the Bolañitos mine in Guanajuato; and the El Cubo mine in Guanajuato.
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