Endeavour Silver (NYSE:EXK) Raised to "Strong-Buy" at National Bank Financial

National Bank Financial upgraded shares of Endeavour Silver (NYSE:EXK - Free Report) TSE: EDR to a strong-buy rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other research firms have also commented on EXK. Wall Street Zen raised shares of Endeavour Silver to a "sell" rating in a research note on Wednesday, May 14th. HC Wainwright reissued a "buy" rating and issued a $7.25 target price on shares of Endeavour Silver in a research report on Wednesday, May 14th. Raymond James assumed coverage on Endeavour Silver in a research note on Friday, March 21st. They issued an "outperform" rating for the company. Ventum Cap Mkts raised shares of Endeavour Silver to a "strong-buy" rating in a research note on Friday, May 23rd. Finally, Alliance Global Partners reissued a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $6.63.

Endeavour Silver Stock Performance

NYSE EXK traded up $0.17 during trading hours on Thursday, reaching $4.97. The company's stock had a trading volume of 18,407,791 shares, compared to its average volume of 8,704,543. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. The business has a 50-day simple moving average of $3.83 and a 200 day simple moving average of $3.90. The stock has a market cap of $1.44 billion, a PE ratio of -38.19 and a beta of 1.42. Endeavour Silver has a 52 week low of $2.46 and a 52 week high of $5.67.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last issued its quarterly earnings data 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 the consensus estimate of $83.10 million. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. Equities research analysts predict that Endeavour Silver will post -0.07 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EXK. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Endeavour Silver by 162.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 527,300 shares of the mining company's stock worth $2,252,000 after purchasing an additional 326,508 shares during the period. Goldman Sachs Group Inc. raised its holdings in Endeavour Silver by 133.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,309,093 shares of the mining company's stock valued at $5,590,000 after acquiring an additional 747,556 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Endeavour Silver in the 1st quarter worth approximately $100,000. Millennium Management LLC grew its holdings in shares of Endeavour Silver by 13.3% during the 1st quarter. Millennium Management LLC now owns 2,455,127 shares of the mining company's stock worth $10,483,000 after purchasing an additional 289,096 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Endeavour Silver by 11.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,622,735 shares of the mining company's stock valued at $28,279,000 after buying an additional 680,802 shares during the period. Institutional investors 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.