Shares of Endeavour Silver Corp. (NYSE:EXK – Get Free Report) (TSE:EDR) gapped down prior to trading on Friday . The stock had previously closed at $2.70, but opened at $2.61. Endeavour Silver shares last traded at $2.73, with a volume of 1,386,701 shares traded.
Analysts Set New Price Targets
A number of research firms have weighed in on EXK. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research note on Friday, February 23rd. TD Securities raised Endeavour Silver from a “hold” rating to a “buy” rating in a report on Tuesday, January 9th. Finally, HC Wainwright decreased their target price on Endeavour Silver from $7.25 to $6.00 and set a “buy” rating for the company in a research report on Thursday, January 11th.
View Our Latest Stock Report on Endeavour Silver
Endeavour Silver Stock Performance
The company has a debt-to-equity ratio of 0.01, a current ratio of 1.73 and a quick ratio of 1.26. The firm has a market capitalization of $680.16 million, a PE ratio of 141.57 and a beta of 1.69. The company’s fifty day simple moving average is $1.88 and its 200 day simple moving average is $2.03.
Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) last announced its quarterly earnings results on Monday, March 11th. The mining company reported $0.02 EPS for the quarter. The company had revenue of $50.50 million for the quarter. Endeavour Silver had a net margin of 2.98% and a return on equity of 2.28%. During the same quarter in the previous year, the company posted $0.04 earnings per share. As a group, equities research analysts expect that Endeavour Silver Corp. will post 0.06 EPS for the current fiscal year.
Institutional Trading of Endeavour Silver
A number of institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. grew its holdings in Endeavour Silver by 369.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,323,666 shares of the mining company’s stock valued at $2,608,000 after buying an additional 1,041,828 shares in the last quarter. Two Sigma Investments LP boosted its position in shares of Endeavour Silver by 547.0% in the fourth quarter. Two Sigma Investments LP now owns 821,994 shares of the mining company’s stock valued at $2,663,000 after acquiring an additional 694,940 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Endeavour Silver by 924.9% in the first quarter. Dimensional Fund Advisors LP now owns 684,840 shares of the mining company’s stock valued at $3,185,000 after acquiring an additional 618,022 shares during the period. Millennium Management LLC grew its stake in Endeavour Silver by 728.3% during the fourth quarter. Millennium Management LLC now owns 683,370 shares of the mining company’s stock valued at $2,213,000 after acquiring an additional 600,871 shares in the last quarter. Finally, American Century Companies Inc. bought a new stake in Endeavour Silver during the 3rd quarter worth approximately $1,368,000. Hedge funds and other institutional investors own 20.06% of the company’s stock.
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 Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.
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