HC Wainwright Forecasts Weaker Earnings for Endeavour Silver

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) – Equities research analysts at HC Wainwright cut their FY2025 EPS estimates for Endeavour Silver in a note issued to investors on Wednesday, March 12th. HC Wainwright analyst H. Ihle now expects that the mining company will post earnings of $0.12 per share for the year, down from their prior estimate of $0.13. HC Wainwright has a “Buy” rating and a $7.25 price target on the stock. The consensus estimate for Endeavour Silver’s current full-year earnings is ($0.07) per share.

EXK has been the topic of a number of other research reports. Alliance Global Partners reaffirmed a “buy” rating on shares of Endeavour Silver in a report on Wednesday. TD Securities upgraded shares of Endeavour Silver to a “strong-buy” rating in a research report on Monday, March 10th. Finally, StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $6.63.

Endeavour Silver Trading Up 0.3 %

EXK opened at $4.72 on Friday. The stock has a market capitalization of $1.24 billion, a PE ratio of -36.27 and a beta of 1.55. Endeavour Silver has a 12-month low of $2.02 and a 12-month high of $5.67. The firm’s fifty day moving average price is $3.87 and its 200 day moving average price is $4.04. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings data on Tuesday, March 11th. The mining company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.03. The company had revenue of $42.20 million during the quarter, compared to the consensus estimate of $69.90 million. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%.

Hedge Funds Weigh In On Endeavour Silver

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EXK. Tidal Investments LLC grew its holdings in Endeavour Silver by 52.9% during the fourth quarter. Tidal Investments LLC now owns 11,178,812 shares of the mining company’s stock valued at $40,914,000 after purchasing an additional 3,869,920 shares during the last quarter. Jupiter Asset Management Ltd. grew its stake in shares of Endeavour Silver by 0.9% in the fourth quarter. Jupiter Asset Management Ltd. now owns 10,792,069 shares of the mining company’s stock worth $39,545,000 after acquiring an additional 99,900 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Endeavour Silver by 122.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,515,836 shares of the mining company’s stock worth $23,858,000 after acquiring an additional 3,581,936 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Endeavour Silver by 5.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,941,933 shares of the mining company’s stock worth $21,748,000 after acquiring an additional 288,166 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Endeavour Silver by 268.9% in the fourth quarter. American Century Companies Inc. now owns 2,657,573 shares of the mining company’s stock worth $9,728,000 after acquiring an additional 1,937,150 shares during the last quarter. Institutional investors own 20.06% of the company’s stock.

About Endeavour Silver

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.