Endeavour Silver (NYSE:EXK) Stock Rating Upgraded by TD Securities

TD Securities upgraded shares of Endeavour Silver (NYSE:EXK) (TSE:EDR) to a strong-buy rating in a report issued on Monday,Zacks.com reports.

Several other brokerages have also commented on EXK. StockNews.com raised Endeavour Silver to a “sell” rating in a report on Friday, February 28th. Ventum Cap Mkts upgraded Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. Finally, HC Wainwright dropped their target price on shares of Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $6.56.

Endeavour Silver Stock Up 24.3 %

Endeavour Silver stock opened at $4.53 on Monday. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of -34.81 and a beta of 1.55. The firm has a 50 day simple moving average of $3.82 and a 200 day simple moving average of $4.02. Endeavour Silver has a 1-year low of $2.02 and a 1-year high of $5.67. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued its earnings results on Tuesday, March 11th. The mining company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.03. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The business had revenue of $42.20 million during the quarter, compared to the consensus estimate of $69.90 million. On average, analysts predict that Endeavour Silver will post -0.07 earnings per share for the current year.

Institutional Trading of Endeavour Silver

Large investors have recently made changes to their positions in the business. Quest Partners LLC purchased a new position in Endeavour Silver in the third quarter worth about $964,000. Barclays PLC raised its holdings in Endeavour Silver by 1,730,033.3% during the 3rd quarter. Barclays PLC now owns 51,904 shares of the mining company’s stock valued at $205,000 after buying an additional 51,901 shares during the period. Sprott Inc. boosted its stake in Endeavour Silver by 23.1% during the fourth quarter. Sprott Inc. now owns 1,586,302 shares of the mining company’s stock worth $5,809,000 after buying an additional 298,091 shares during the period. Geode Capital Management LLC raised its stake in shares of Endeavour Silver by 9.9% in the third quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company’s stock valued at $460,000 after acquiring an additional 10,543 shares during the period. Finally, CIBC Asset Management Inc bought a new stake in shares of Endeavour Silver in the 4th quarter worth about $119,000. 20.06% of the stock is currently owned by institutional investors.

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.