Several other research firms have also commented on EXK. BMO Capital Markets reaffirmed a hold rating on shares of Endeavour Silver in a report on Friday, April 12th. HC Wainwright set a $4.00 target price on shares of BioTime and gave the stock a buy rating in a research note on Thursday, July 11th. Zacks Investment Research raised shares of Golub Capital BDC from a hold rating to a buy rating and set a $20.00 target price on the stock in a research note on Tuesday, July 16th. Finally, Noble Financial reissued a hold rating on shares of Endeavour Silver in a research note on Sunday, June 23rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $2.81.
NYSE:EXK opened at $2.36 on Wednesday. Endeavour Silver has a one year low of $1.68 and a one year 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 firm has a fifty day simple moving average of $1.94.
Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings results on Monday, May 6th. The mining company reported ($0.10) EPS for the quarter, missing the 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 business had revenue of $29.10 million during the quarter, compared to analysts’ expectations of $32.66 million. Sell-side analysts anticipate that Endeavour Silver will post -0.12 earnings per share for the current year.
Hedge funds have recently bought and sold shares of the company. Sigma Planning Corp boosted its stake in shares of Endeavour Silver by 334.4% during the 1st quarter. Sigma Planning Corp now owns 377,069 shares of the mining company’s stock worth $950,000 after acquiring an additional 290,261 shares in the last quarter. Two Sigma Securities LLC raised its position in shares of 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 purchasing an additional 23,479 shares during the last quarter. ETF Managers Group LLC raised its position in shares of Endeavour Silver by 8.8% during the 1st quarter. ETF Managers Group LLC now owns 663,918 shares of the mining company’s stock worth $1,673,000 after purchasing an additional 53,560 shares during the last quarter. Millennium Management LLC acquired a new position in shares of Endeavour Silver during the 4th quarter worth about $1,977,000. Finally, Raymond James & Associates raised its position in shares of Endeavour Silver by 27.7% during the 4th quarter. Raymond James & Associates now owns 219,797 shares of the mining company’s stock worth $473,000 after purchasing an additional 47,691 shares during the last quarter. 18.86% of the stock is currently owned by institutional investors and hedge funds.
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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