Endeavour Silver Co. (EXK) Receives $6.00 Average PT from Brokerages

Endeavour Silver Co. (NYSE:EXK) (TSE:EDR) has been assigned an average recommendation of “Hold” from the eight brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $6.00.

EXK has been the subject of several analyst reports. ValuEngine downgraded Endeavour Silver from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded Endeavour Silver from a “sell” rating to a “hold” rating in a research note on Tuesday, March 13th. HC Wainwright set a $6.00 price target on Endeavour Silver and gave the stock a “buy” rating in a research note on Wednesday, March 28th. Finally, Noble Financial reiterated a “buy” rating on shares of Endeavour Silver in a research note on Thursday, January 11th.

How to Become a New Pot Stock Millionaire

Several large investors have recently added to or reduced their stakes in EXK. Goldman Sachs Group Inc. acquired a new position in shares of Endeavour Silver in the fourth quarter worth about $114,000. Essex Investment Management Co. LLC acquired a new position in shares of Endeavour Silver in the fourth quarter worth about $142,000. Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Endeavour Silver by 622.8% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 79,556 shares of the mining company’s stock worth $194,000 after acquiring an additional 68,550 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Endeavour Silver in the third quarter worth about $226,000. Finally, Jane Street Group LLC lifted its stake in shares of Endeavour Silver by 66.5% in the third quarter. Jane Street Group LLC now owns 192,707 shares of the mining company’s stock worth $459,000 after acquiring an additional 76,937 shares in the last quarter. Institutional investors and hedge funds own 20.57% of the company’s stock.

Shares of NYSE EXK traded down $0.03 on Thursday, hitting $2.42. The company had a trading volume of 596,823 shares, compared to its average volume of 1,042,630. Endeavour Silver has a 12-month low of $1.94 and a 12-month high of $3.72. The company has a market capitalization of $308.52, a price-to-earnings ratio of 30.25 and a beta of -0.06.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued its earnings results on Monday, February 26th. The mining company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.01. Endeavour Silver had a return on equity of 6.78% and a net margin of 6.43%. The company had revenue of $41.64 million during the quarter, compared to the consensus estimate of $39.19 million. sell-side analysts expect that Endeavour Silver will post 0.16 earnings per share for the current fiscal year.

WARNING: This report was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/3341304/endeavour-silver-co-exk-receives-6-00-average-pt-from-brokerages.html.

Endeavour Silver Company Profile

Endeavour Silver Corp., a mid-tier precious metals mining company, engages in the mining, evaluation, acquisition, exploration, development, extraction, processing, refining, and reclamation of silver in Mexico and Chile. The company also explores for gold deposits. It owns interests in the Guanaceví mine located in the Guanaceví district, Durango, Mexico; and the Bolañitos and El Cubo silver-gold mines located in the northern parts of the Guanajuato and La Luz silver districts in the state of Guanajuato, Mexico.

Receive News & Ratings for Endeavour Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavour Silver and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Rentokil Initial  Stock Rating Lowered by Deutsche Bank
Rentokil Initial Stock Rating Lowered by Deutsche Bank
Nielsen  Stock Rating Upgraded by BMO Capital Markets
Nielsen Stock Rating Upgraded by BMO Capital Markets
Countryside Properties  Price Target Raised to GBX 410
Countryside Properties Price Target Raised to GBX 410
Randgold Resources  Given a $100.00 Price Target at Desjardins
Randgold Resources Given a $100.00 Price Target at Desjardins
The J.M. Smucker  Cut to “Sell” at Credit Suisse Group
The J.M. Smucker Cut to “Sell” at Credit Suisse Group
Sensient Technologies  Earning Somewhat Positive News Coverage, Study Finds
Sensient Technologies Earning Somewhat Positive News Coverage, Study Finds


Leave a Reply

© 2006-2018 Ticker Report. Google+.