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.

EXK has been the topic of several other reports. HC Wainwright restated a "buy" rating and issued a $7.25 price objective on shares of Endeavour Silver in a report on Wednesday, May 14th. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. Raymond James Financial began coverage on shares of Endeavour Silver in a report on Friday, March 21st. They issued an "outperform" rating on the stock. National Bank Financial upgraded shares of Endeavour Silver to a "strong-buy" rating in a report on Thursday, June 12th. Finally, Alliance Global Partners restated a "buy" rating on shares of Endeavour Silver in a report on Wednesday, March 12th. Two analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $6.83.

Endeavour Silver Trading Up 0.9%

NYSE:EXK traded up $0.05 on Friday, hitting $5.13. The stock had a trading volume of 8,298,019 shares, compared to its average volume of 9,026,221. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.25. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of -19.75 and a beta of 1.50. The company has a fifty day moving average price of $4.14 and a two-hundred day moving average price of $3.98. Endeavour Silver has a 1-year low of $2.46 and a 1-year high of $5.67.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last posted its 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 during the quarter, compared to analyst estimates of $83.10 million. Endeavour Silver had a negative net margin of 29.07% and a positive return on equity of 1.18%. Equities research analysts expect that Endeavour Silver will post -0.07 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in shares of Endeavour Silver by 239.2% in the 4th quarter. Bank of America Corp DE now owns 256,399 shares of the mining company's stock worth $938,000 after acquiring an additional 180,800 shares during the period. Deutsche Bank AG lifted its stake in shares of Endeavour Silver by 5,119.2% in the 4th quarter. Deutsche Bank AG now owns 416,856 shares of the mining company's stock worth $1,526,000 after acquiring an additional 408,869 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Endeavour Silver by 82.4% in the 4th quarter. Renaissance Technologies LLC now owns 185,100 shares of the mining company's stock worth $677,000 after acquiring an additional 83,600 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of Endeavour Silver in the 4th quarter worth $732,000. Finally, Two Sigma Investments LP lifted its stake in shares of Endeavour Silver by 88.4% in the 4th quarter. Two Sigma Investments LP now owns 727,762 shares of the mining company's stock worth $2,664,000 after acquiring an additional 341,468 shares during the period. 20.06% of the stock is owned by hedge funds and other 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.