Raymond James Financial Forecasts EXK FY2025 Earnings

Key Points

• Raymond James Financial has reduced their FY2025 earnings estimates for Endeavour Silver (EXK) from $0.20 to $0.11 per share, with the consensus estimate currently at ($0.07).
• Endeavour Silver reported a significantly negative earnings per share of (\$0.13) last quarter, missing analysts' expectations and generating lower revenue at $63.50 million.
• Despite mixed analyst ratings, EXK shares rose 2.1%, with a consensus rating of "Buy" and an average price target of $8.33.

Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR - Stock analysts at Raymond James Financial lowered their FY2025 EPS estimates for shares of Endeavour Silver in a report issued on Tuesday, August 5th. Raymond James Financial analyst C. Stanley now forecasts that the mining company will earn $0.11 per share for the year, down from their previous estimate of $0.20. The consensus estimate for Endeavour Silver's current full-year earnings is ($0.07) per share.

A number of other equities research analysts also recently issued reports on EXK. CIBC increased their target price on shares of Endeavour Silver from $7.25 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. Wall Street Zen downgraded shares of Endeavour Silver from a "hold" rating to a "sell" rating in a research report on Saturday. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research report on Friday, May 23rd. National Bank Financial upgraded shares of Endeavour Silver to a "strong-buy" rating in a research report on Thursday, June 12th. Finally, HC Wainwright raised their price target on shares of Endeavour Silver from $7.25 to $8.75 and gave the company a "buy" rating in a report on Wednesday, July 9th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $8.33.

Endeavour Silver Stock Up 3.2%

EXK stock traded up $0.18 during midday trading on Friday, reaching $5.72. The company had a trading volume of 7,848,581 shares, compared to its average volume of 11,758,041. Endeavour Silver has a 1 year low of $2.63 and a 1 year high of $6.04. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $1.66 billion, a P/E ratio of -21.94 and a beta of 1.23. The company has a 50 day moving average of $5.13 and a two-hundred day moving average of $4.30.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last released its earnings results on Tuesday, May 13th. The mining company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company had revenue of $63.50 million during the quarter, compared to analysts' expectations of $83.10 million.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EXK. Tidal Investments LLC grew its stake in Endeavour Silver by 52.9% in the 4th quarter. Tidal Investments LLC now owns 11,178,812 shares of the mining company's stock valued at $40,914,000 after buying an additional 3,869,920 shares during the last quarter. Millennium Management LLC acquired a new position in Endeavour Silver in the 4th quarter valued at $7,930,000. Invesco Ltd. grew its stake in Endeavour Silver by 529.5% in the 4th quarter. Invesco Ltd. now owns 2,116,652 shares of the mining company's stock valued at $7,747,000 after buying an additional 1,780,405 shares during the last quarter. Bastion Asset Management Inc. acquired a new position in Endeavour Silver in the 2nd quarter valued at $5,621,000. Finally, Azarias Capital Management L.P. acquired a new position in Endeavour Silver in the 2nd quarter valued at $5,606,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

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.