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

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 report published on Saturday morning.

EXK has been the topic of a number of other research reports. HC Wainwright reaffirmed a "buy" rating and set a $7.25 target price on shares of Endeavour Silver in a research report on Wednesday, May 14th. TD Securities upgraded shares of Endeavour Silver to a "strong-buy" rating in a report on Monday, March 10th. Alliance Global Partners reiterated a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. National Bank Financial upgraded Endeavour Silver to a "strong-buy" rating in a research note on Thursday, June 12th. Finally, Raymond James Financial started coverage on Endeavour Silver in a report on Friday, March 21st. They issued an "outperform" rating for the company. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $6.83.

Endeavour Silver Stock Performance

Shares of Endeavour Silver stock traded down $0.39 during trading on Friday, reaching $4.85. The company's stock had a trading volume of 12,964,625 shares, compared to its average volume of 9,072,096. Endeavour Silver has a one year low of $2.46 and a one year high of $5.67. 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 market cap of $1.40 billion, a price-to-earnings ratio of -18.65 and a beta of 1.50. The business's fifty day moving average price is $4.19 and its 200-day moving average price is $4.00.

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

Institutional Trading of Endeavour Silver

Several institutional investors have recently made changes to their positions in EXK. Schroder Investment Management Group bought a new position in Endeavour Silver during the fourth quarter worth about $36,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Endeavour Silver in the 4th quarter worth approximately $43,000. Hohimer Wealth Management LLC raised its holdings in shares of Endeavour Silver by 28.9% in the 1st quarter. Hohimer Wealth Management LLC now owns 13,015 shares of the mining company's stock worth $56,000 after buying an additional 2,915 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Endeavour Silver by 46,309.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 14,387 shares of the mining company's stock worth $61,000 after buying an additional 14,356 shares during the period. Finally, Farringdon Capital Ltd. acquired a new stake in Endeavour Silver in the 4th quarter valued at $55,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

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.