B. Riley Predicts Endeavour Silver’s Q4 Earnings (NYSE:EXK)

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) – Investment analysts at B. Riley cut their Q4 2024 EPS estimates for shares of Endeavour Silver in a report issued on Wednesday, November 27th. B. Riley analyst L. Pipes now anticipates that the mining company will post earnings of ($0.01) per share for the quarter, down from their previous estimate of $0.03. The consensus estimate for Endeavour Silver’s current full-year earnings is ($0.07) per share. B. Riley also issued estimates for Endeavour Silver’s FY2025 earnings at $0.32 EPS and FY2026 earnings at $0.46 EPS.

Several other equities research analysts have also issued reports on EXK. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research note on Wednesday, November 6th. HC Wainwright upped their target price on Endeavour Silver from $6.00 to $7.25 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Ventum Cap Mkts raised Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. Finally, Alliance Global Partners boosted their price target on Endeavour Silver from $5.25 to $6.25 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Endeavour Silver presently has a consensus rating of “Moderate Buy” and an average target price of $6.63.

Endeavour Silver Stock Performance

Shares of EXK stock opened at $4.14 on Thursday. Endeavour Silver has a 12 month low of $1.42 and a 12 month high of $5.67. The company’s fifty day simple moving average is $4.55 and its 200-day simple moving average is $3.97. The firm has a market cap of $1.02 billion, a PE ratio of -31.85 and a beta of 1.67. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its earnings results on Tuesday, November 5th. The mining company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The business had revenue of $53.40 million for the quarter, compared to analyst estimates of $54.91 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. Endeavour Silver’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.04) EPS.

Hedge Funds Weigh In On Endeavour Silver

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Virtu Financial LLC acquired a new position in shares of Endeavour Silver in the third quarter valued at $80,000. Barclays PLC grew its stake in Endeavour Silver by 1,730,033.3% in the 3rd quarter. Barclays PLC now owns 51,904 shares of the mining company’s stock valued at $205,000 after buying an additional 51,901 shares during the last quarter. Geode Capital Management LLC raised its holdings in Endeavour Silver by 9.9% in the 3rd quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company’s stock valued at $460,000 after acquiring an additional 10,543 shares during the period. Public Employees Retirement System of Ohio bought a new position in Endeavour Silver in the 3rd quarter valued at about $261,000. Finally, National Bank of Canada FI lifted its position in Endeavour Silver by 3.4% during the third quarter. National Bank of Canada FI now owns 453,869 shares of the mining company’s stock worth $1,788,000 after acquiring an additional 15,075 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.