Endeavour Silver (NYSE:EXK) Shares Down 2.5%

Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR's share price fell 2.5% during trading on Monday . The stock traded as low as $2.76 and last traded at $2.76. 2,805,509 shares changed hands during trading, a decline of 39% from the average session volume of 4,615,182 shares. The stock had previously closed at $2.83.

Analyst Ratings Changes

Several brokerages have recently commented on EXK. StockNews.com upgraded Endeavour Silver to a "sell" rating in a research report on Friday, February 23rd. TD Securities upgraded Endeavour Silver from a "hold" rating to a "buy" rating in a report on Tuesday, January 9th. Finally, HC Wainwright dropped their target price on Endeavour Silver from $7.25 to $6.00 and set a "buy" rating for the company in a report on Thursday, January 11th.

Endeavour Silver Price Performance

The company has a market capitalization of $687.37 million, a PE ratio of 140.57 and a beta of 1.68. The firm has a fifty day moving average of $1.88 and a two-hundred day moving average of $2.03. The company has a current ratio of 1.73, a quick ratio of 1.26 and a debt-to-equity ratio of 0.01.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last released its quarterly earnings data on Monday, March 11th. The mining company reported $0.02 earnings per share for the quarter. Endeavour Silver had a return on equity of 2.28% and a net margin of 2.98%. The business had revenue of $50.50 million during the quarter. During the same quarter last year, the business posted $0.04 EPS. Research analysts anticipate that Endeavour Silver Corp. will post 0.06 EPS for the current fiscal year.

Institutional Investors Weigh In On Endeavour Silver

Several hedge funds have recently added to or reduced their stakes in the stock. Atria Wealth Solutions Inc. purchased a new position in shares of Endeavour Silver in the fourth quarter worth $25,000. Brevan Howard Capital Management LP purchased a new position in shares of Endeavour Silver in the fourth quarter worth $29,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Endeavour Silver in the fourth quarter worth $30,000. Rathbones Group PLC purchased a new stake in Endeavour Silver during the third quarter valued at $32,000. Finally, Citigroup Inc. purchased a new stake in Endeavour Silver during the first quarter valued at $35,000. 20.06% of the stock is owned by 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.