Endeavour Silver Corp. (NYSE:EXK) Given Consensus Rating of “Buy” by Analysts

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) has received an average recommendation of “Buy” from the seven research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $6.63.

A number of brokerages have recently commented on EXK. StockNews.com upgraded Endeavour Silver to a “sell” rating in a report on Friday, February 28th. Raymond James began coverage on Endeavour Silver in a research report on Friday. They set an “outperform” rating for the company. TD Securities raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Monday, March 10th. HC Wainwright boosted their price objective on shares of Endeavour Silver from $7.00 to $7.25 and gave the stock a “buy” rating in a research report on Wednesday, March 12th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Endeavour Silver in a research report on Wednesday, March 12th.

Institutional Investors Weigh In On Endeavour Silver

Institutional investors and hedge funds have recently made changes to their positions in the stock. Alpha Cubed Investments LLC acquired a new position in Endeavour Silver during the fourth quarter worth $37,000. Schroder Investment Management Group acquired a new position in shares of Endeavour Silver during the 4th quarter worth about $36,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Endeavour Silver during the 4th quarter worth about $43,000. Farringdon Capital Ltd. bought a new stake in shares of Endeavour Silver in the 4th quarter valued at about $55,000. Finally, Oxford Asset Management LLP acquired a new stake in Endeavour Silver in the 4th quarter valued at about $57,000. Institutional investors own 20.06% of the company’s stock.

Endeavour Silver Stock Performance

Shares of EXK opened at $4.65 on Monday. The firm has a market cap of $1.22 billion, a P/E ratio of -35.73 and a beta of 1.55. Endeavour Silver has a twelve month low of $2.12 and a twelve month high of $5.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39. The firm’s 50 day moving average price is $3.98 and its two-hundred day moving average price is $4.11.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings data on Tuesday, March 11th. The mining company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.03. The business had revenue of $42.20 million for the quarter, compared to analysts’ expectations of $69.90 million. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. On average, analysts forecast that Endeavour Silver will post -0.07 EPS for the current fiscal year.

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.