Endeavour Silver (NYSE:EXK) Trading 4.7% Higher - Time to Buy?

Endeavour Silver Corporation (NYSE:EXK - Get Free Report) TSE: EDR's stock price rose 4.7% on Tuesday . The company traded as high as $5.17 and last traded at $5.15. Approximately 2,152,424 shares changed hands during trading, a decline of 76% from the average daily volume of 8,904,019 shares. The stock had previously closed at $4.92.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Wall Street Zen raised shares of Endeavour Silver to a "sell" rating in a research report on Wednesday, May 14th. Raymond James Financial assumed coverage on shares of Endeavour Silver in a research report on Friday, March 21st. They set an "outperform" rating on the stock. National Bank Financial raised Endeavour Silver to a "strong-buy" rating in a research report on Thursday, June 12th. Alliance Global Partners reissued a "buy" rating on shares of Endeavour Silver in a research report on Wednesday, March 12th. Finally, TD Securities upgraded Endeavour Silver to a "strong-buy" rating in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, Endeavour Silver presently has an average rating of "Buy" and a consensus price target of $6.83.

Endeavour Silver Stock Performance

The company has a market capitalization of $1.47 billion, a P/E ratio of -19.50 and a beta of 1.49. The stock's fifty day moving average price is $4.06 and its 200-day moving average price is $3.95. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.77 and a current ratio of 1.14.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last released its quarterly earnings data on Tuesday, May 13th. The mining company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.16). Endeavour Silver had a negative net margin of 29.07% and a positive return on equity of 1.18%. The business had revenue of $63.50 million during the quarter, compared to the consensus estimate of $83.10 million. As a group, research analysts anticipate that Endeavour Silver Corporation will post -0.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EXK. Schroder Investment Management Group bought a new position in shares of Endeavour Silver during the fourth quarter worth approximately $36,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Endeavour Silver in the fourth quarter valued at about $43,000. Farringdon Capital Ltd. acquired a new position in shares of Endeavour Silver during the fourth quarter worth $55,000. Hohimer Wealth Management LLC lifted its stake in shares of Endeavour Silver by 28.9% in the first quarter. Hohimer Wealth Management LLC now owns 13,015 shares of the mining company's stock worth $56,000 after acquiring an additional 2,915 shares during the period. Finally, Oxford Asset Management LLP acquired a new stake in shares of Endeavour Silver during the fourth quarter worth $57,000. Institutional investors and hedge funds own 20.06% of the company's stock.

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.