Endeavour Silver (NYSE:EXK) Upgraded to "Hold" at Wall Street Zen

Wall Street Zen upgraded shares of Endeavour Silver (NYSE:EXK - Free Report) TSE: EDR from a sell rating to a hold rating in a research report released on Saturday morning.

EXK has been the subject of several other research reports. HC Wainwright reiterated a "buy" rating and set a $7.25 price target on shares of Endeavour Silver in a research note on Wednesday, May 14th. TD Securities raised Endeavour Silver to a "strong-buy" rating in a report on Monday, March 10th. Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. Raymond James Financial assumed coverage on Endeavour Silver in a report on Friday, March 21st. They issued an "outperform" rating on the stock. Finally, National Bank Financial raised Endeavour Silver to a "strong-buy" rating in a report on Thursday, June 12th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $6.83.

Endeavour Silver Stock Performance

NYSE:EXK traded down $0.06 during trading on Friday, reaching $5.02. The company's stock had a trading volume of 7,054,874 shares, compared to its average volume of 9,028,273. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of -19.31 and a beta of 1.50. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.77 and a current ratio of 1.14. The firm has a 50 day moving average of $4.14 and a 200-day moving average of $3.98. Endeavour Silver has a 12 month low of $2.46 and a 12 month high of $5.67.

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

Hedge Funds Weigh In On Endeavour Silver

Institutional investors and hedge funds have recently bought and sold shares of the stock. Schroder Investment Management Group bought a new position in Endeavour Silver during the 4th quarter worth approximately $36,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Endeavour Silver during the 4th quarter worth approximately $43,000. Farringdon Capital Ltd. bought a new position in Endeavour Silver during the 4th quarter worth approximately $55,000. Hohimer Wealth Management LLC grew its position in Endeavour Silver by 28.9% during the 1st 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 last quarter. Finally, Oxford Asset Management LLP bought a new position in Endeavour Silver during the 4th quarter worth approximately $57,000. 20.06% of the stock is currently owned by institutional investors.

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.