Endeavour Silver - EXK Stock Forecast, Price & News

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company operates two producing silver-gold mines in Mexico, such as the Guanaceví mine in Durango; and the Bolañitos mine in Guanajuato. It is also advancing two exploration and development projects in Mexico, including the Terronera property in Jalisco; and the Parral properties in Chihuahua. In addition, the company holds interests in three exploration projects in northern Chile comprising the Aida silver project, the Paloma gold project, and the Cerro Marquez copper-molybdenum gold project. The company was formerly known as Endeavour Gold Corp. and changed its name to Endeavour Silver Corp. in September 2004. Endeavour Silver Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada.

Analyst Ratings Changes

A number of research analysts have commented on the stock. BMO Capital Markets reduced their price objective on shares of Endeavour Silver from C$6.00 to C$5.25 in a research note on Thursday, May 12th. StockNews.com cut shares of Endeavour Silver from a "hold" rating to a "sell" rating in a report on Tuesday, June 28th. HC Wainwright dropped their price objective on shares of Endeavour Silver from $8.50 to $8.25 and set a "buy" rating on the stock in a research note on Monday, July 11th. Stifel Nicolaus cut their target price on shares of Endeavour Silver from C$7.50 to C$6.50 in a report on Friday, May 27th. Finally, TD Securities dropped their price target on Endeavour Silver from C$7.00 to C$5.50 in a research report on Thursday, May 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $6.82.

Endeavour Silver Price Performance

Shares of EXK Stock traded up $0.13 during midday trading on Monday, reaching $3.82. 70,363 shares of the company were exchanged, compared to its average volume of 3,385,478. The company's 50 day moving average price is $3.44 and its two-hundred day moving average price is $4.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.53 and a current ratio of 5.14. The company has a market cap of $724.38 million, a P/E ratio of 46.13 and a beta of 1.42. Endeavour Silver has a 12 month low of $2.89 and a 12 month high of $5.95.

Endeavour Silver (NYSE:EXK - Get Rating) (TSE:EDR) last issued its quarterly earnings results on Wednesday, May 11th. The mining company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. The firm had revenue of $57.74 million during the quarter, compared to analyst estimates of $53.21 million. Endeavour Silver had a return on equity of 2.99% and a net margin of 7.09%. During the same period last year, the company posted ($0.03) EPS. On average, sell-side analysts expect that Endeavour Silver will post 0.12 earnings per share for the current year.