Endeavour Silver Corp. (NYSE:EXK) Receives $6.56 Average Price Target from Analysts

Shares of Endeavour Silver Corp. (NYSE:EXKGet Free Report) (TSE:EDR) have earned an average rating of “Buy” from the six research firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $6.56.

Several research firms have weighed in on EXK. Alliance Global Partners increased their target price on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Ventum Cap Mkts raised Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. TD Securities assumed coverage on Endeavour Silver in a research note on Friday, November 29th. They issued a “buy” rating for the company. StockNews.com raised Endeavour Silver to a “sell” rating in a research report on Tuesday, December 24th. Finally, HC Wainwright lowered their target price on Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a research note on Friday, January 10th.

Get Our Latest Stock Analysis on EXK

Institutional Trading of Endeavour Silver

Hedge funds and other institutional investors have recently made changes to their positions in the business. Alpha Cubed Investments LLC acquired a new position in Endeavour Silver during the fourth quarter worth $37,000. Blue Trust Inc. boosted its stake in shares of Endeavour Silver by 139.6% during the 3rd quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock worth $57,000 after buying an additional 8,389 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Endeavour Silver in the 3rd quarter valued at about $80,000. Quantbot Technologies LP bought a new stake in Endeavour Silver during the third quarter worth about $100,000. Finally, Walleye Capital LLC bought a new stake in Endeavour Silver during the third quarter worth about $111,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Endeavour Silver Stock Up 4.8 %

Shares of Endeavour Silver stock opened at $3.60 on Friday. Endeavour Silver has a 12 month low of $1.42 and a 12 month high of $5.67. The business has a fifty day simple moving average of $3.90 and a 200 day simple moving average of $3.98. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. The stock has a market cap of $943.05 million, a PE ratio of -27.65 and a beta of 1.64.

Endeavour Silver (NYSE:EXKGet Free Report) (TSE:EDR) last announced its quarterly earnings results on Tuesday, November 5th. The mining company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The company had revenue of $53.40 million during the quarter, compared to analysts’ expectations of $54.91 million. During the same period in the prior year, the business posted ($0.04) EPS. Endeavour Silver’s revenue was up 7.9% on a year-over-year basis. Research analysts predict that Endeavour Silver will post -0.07 EPS for the current year.

About Endeavour Silver

(Get Free Report

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.

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Analyst Recommendations for Endeavour Silver (NYSE:EXK)

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