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.

Endeavour Silver Price Performance

EXK Stock traded up $0.13 during trading on Friday, reaching $3.53. 2,202,276 shares of the company were exchanged, compared to its average volume of 2,338,987. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.53 and a current ratio of 5.08. The stock's 50 day moving average price is $3.43 and its 200 day moving average price is $3.98. Endeavour Silver has a 52-week low of $2.89 and a 52-week high of $5.95. The company has a market cap of $669.39 million, a P/E ratio of -117.67 and a beta of 1.41.

Endeavour Silver (NYSE:EXK - Get Rating) (TSE:EDR) last announced its quarterly earnings results on Wednesday, May 11th. The mining company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. Endeavour Silver had a positive return on equity of 0.92% and a negative net margin of 3.04%. The business had revenue of $57.74 million for the quarter, compared to analyst estimates of $53.21 million. During the same quarter in the previous year, the company earned ($0.03) EPS. As a group, analysts predict that Endeavour Silver will post 0.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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