Endeavour Silver Corp. (NYSE:EXK – Get Free Report) (TSE:EDR) shares fell 3.3% on Wednesday after HC Wainwright lowered their price target on the stock from $6.25 to $6.00. HC Wainwright currently has a buy rating on the stock. Endeavour Silver traded as low as $4.11 and last traded at $4.13. 473,307 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 5,401,128 shares. The stock had previously closed at $4.27.
EXK has been the subject of several other research reports. Alliance Global Partners upped their price target on shares of Endeavour Silver from $4.00 to $5.25 and gave the company a “buy” rating in a research report on Wednesday, July 10th. BMO Capital Markets initiated coverage on Endeavour Silver in a report on Monday, June 17th. They set an “outperform” rating and a $6.00 price objective on the stock. Finally, CIBC lifted their target price on shares of Endeavour Silver from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $6.06.
Get Our Latest Analysis on EXK
Institutional Investors Weigh In On Endeavour Silver
Endeavour Silver Price Performance
The company’s 50 day moving average price is $3.44 and its 200 day moving average price is $3.44. The firm has a market capitalization of $1.02 billion, a P/E ratio of -213.75 and a beta of 1.71. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.02 and a quick ratio of 1.65.
Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) last issued its earnings results on Thursday, August 1st. The mining company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.04). The business had revenue of $58.30 million for the quarter, compared to the consensus estimate of $62.01 million. Endeavour Silver had a negative net margin of 6.53% and a negative return on equity of 1.25%. The business’s revenue was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.01 EPS. As a group, sell-side analysts anticipate that Endeavour Silver Corp. will post 0.04 EPS for the current fiscal year.
Endeavour Silver Company Profile
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.
Read More
- Five stocks we like better than Endeavour Silver
- Investing in Construction Stocks
- 2 Defense Giants Soaring: Chase Gains or Wait for a Dip?
- Why Invest in 5G? How to Invest in 5G Stocks
- Insiders Hold Tight as Helen of Troy Prepares for a Major Rebound
- How to Capture the Benefits of Dividend Increases
- Is SelectQuote a Double-Bagger Stock? Analysts Predict Huge Gains
Receive News & Ratings for Endeavour Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavour Silver and related companies with MarketBeat.com's FREE daily email newsletter.