2 weeks Ago By ABMN Staff
Endeavour Silver Corp. ( NYSE:EXK – Get Free Report ) (TSE:EDR)’s stock price fell 4.7% on Friday .
The company traded as low as $4.07 and last traded at $4.08.
2,423,828 shares were traded during trading, a decline of 55% from the average session volume of 5,411,944 shares. The stock had previously closed at $4.28.
Wall Street Analysts Forecast Growth Several research firms recently weighed in on EXK. Alliance Global Partners lifted their target price on shares of Endeavour Silver from $4.00 to $5.
25 and gave the company a “buy” rating in a report on Wednesday, July 10th. BMO Capital Markets began coverage on Endeavour Silver in a research note on Monday, June 17th. They issued an “outperform” rating and a $6.
00 price objective for the company. HC Wainwright decreased their target price on Endeavour Silver from $6.50 to $6.
25 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Finally, CIBC lifted their target price on Endeavour Silver from $6.00 to $7.
00 and gave the company a “neutral” rating in a research report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $6.
13. Read Our Latest Stock Analysis on EXK Endeavour Silver Stock Performance Endeavour Silver ( NYSE:EXK – Get Free Report ) (TSE:EDR) last posted its quarterly earnings results on Thursday, August 1st. The mining company reported ($0.
02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04).
Endeavour Silver had a negative net margin of 6.53% and a negative return on equity of 1.25%.
The company had revenue of $58.30 million during the quarter, compared to analyst estimates of $62.01 million.
During the same period in the prior year, the business earned $0.01 EPS. Endeavour Silver’s revenue for the quarter was up 16.
6% on a year-over-year basis. As a group, sell-side analysts expect that Endeavour Silver Corp. will post 0.
04 earnings per share for the current fiscal year. Institutional Investors Weigh In On Endeavour Silver Several institutional investors have recently modified their holdings of EXK. MCIA Inc purchased a new stake in Endeavour Silver during the first quarter worth approximately $34,000.
Baader Bank Aktiengesellschaft purchased a new stake in shares of Endeavour Silver during the 2nd quarter worth approximately $42,000. Hohimer Wealth Management LLC acquired a new position in shares of Endeavour Silver in the 2nd quarter valued at $42,000. SG Americas Securities LLC grew its position in shares of Endeavour Silver by 61.
6% in the 1st quarter. SG Americas Securities LLC now owns 20,603 shares of the mining company’s stock valued at $50,000 after buying an additional 7,852 shares during the last quarter. Finally, Oxbow Advisors LLC acquired a new stake in Endeavour Silver during the 2nd quarter worth $51,000.
20.06% of the stock is owned by hedge funds and other institutional investors. Endeavour Silver Company Profile ( 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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