Endeavour Silver (NYSE:EXK) Shares Gap Down to $2.67

Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR's share price gapped down before the market opened on Tuesday . The stock had previously closed at $2.67, but opened at $2.54. Endeavour Silver shares last traded at $2.59, with a volume of 1,908,476 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. TD Securities upgraded shares of Endeavour Silver from a "hold" rating to a "buy" rating in a report on Tuesday, January 9th. HC Wainwright cut their price target on shares of Endeavour Silver from $7.25 to $6.00 and set a "buy" rating on the stock in a report on Thursday, January 11th. Finally, StockNews.com upgraded shares of Endeavour Silver to a "sell" rating in a report on Friday, February 23rd.

Endeavour Silver Stock Down 4.7 %

The stock has a market cap of $611.67 million, a P/E ratio of 127.31 and a beta of 1.68. The company has a current ratio of 1.73, a quick ratio of 1.26 and a debt-to-equity ratio of 0.01. The firm's fifty day moving average is $2.04 and its 200 day moving average is $2.04.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last announced its earnings results on Monday, March 11th. The mining company reported $0.02 EPS for the quarter. The firm had revenue of $50.50 million for the quarter. Endeavour Silver had a net margin of 2.98% and a return on equity of 2.28%. During the same quarter last year, the business earned $0.04 EPS. As a group, equities research analysts forecast that Endeavour Silver Corp. will post 0.07 EPS for the current year.

Institutional Trading of Endeavour Silver

Several hedge funds and other institutional investors have recently bought and sold shares of EXK. Atria Wealth Solutions Inc. acquired a new stake in Endeavour Silver in the 4th quarter worth $25,000. Brevan Howard Capital Management LP acquired a new stake in Endeavour Silver in the 4th quarter worth $29,000. Dynamic Technology Lab Private Ltd acquired a new stake in Endeavour Silver in the 4th quarter worth $30,000. Rathbones Group PLC acquired a new stake in Endeavour Silver in the 3rd quarter worth $32,000. Finally, MCIA Inc acquired a new stake in Endeavour Silver in the 1st quarter worth $34,000. 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.