Endeavour Silver Corp. (NYSE:EXK – Get Free Report) (TSE:EDR) shares traded up 4.2% during trading on Friday . The company traded as high as $2.21 and last traded at $2.21. 1,150,749 shares were traded during trading, a decline of 72% from the average session volume of 4,172,639 shares. The stock had previously closed at $2.12.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. TD Securities raised Endeavour Silver from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th. StockNews.com raised Endeavour Silver to a “sell” rating in a research note on Friday, February 23rd. Finally, HC Wainwright cut their target price on Endeavour Silver from $7.25 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, January 11th.
Get Our Latest Research Report on Endeavour Silver
Endeavour Silver Stock Performance
The company has a quick ratio of 1.26, a current ratio of 1.73 and a debt-to-equity ratio of 0.01. The company has a market cap of $508.18 million, a P/E ratio of 109.05 and a beta of 1.62. The firm has a 50 day moving average of $1.73 and a 200-day moving average of $2.04.
Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) last announced its earnings results on Monday, March 11th. The mining company reported $0.02 earnings per share (EPS) for the quarter. Endeavour Silver had a return on equity of 2.28% and a net margin of 2.98%. The business had revenue of $50.50 million for the quarter. During the same period last year, the business posted $0.04 EPS. As a group, sell-side analysts anticipate that Endeavour Silver Corp. will post 0.06 EPS for the current fiscal year.
Institutional Trading of Endeavour Silver
Several hedge funds and other institutional investors have recently made changes to their positions in EXK. Goldman Sachs Group Inc. raised its stake in shares of 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 during the last quarter. Two Sigma Investments LP raised its stake in shares of Endeavour Silver by 547.0% during the 4th quarter. Two Sigma Investments LP now owns 821,994 shares of the mining company’s stock valued at $2,663,000 after buying an additional 694,940 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Endeavour Silver by 924.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 684,840 shares of the mining company’s stock valued at $3,185,000 after buying an additional 618,022 shares during the last quarter. Millennium Management LLC raised its stake in shares of Endeavour Silver by 728.3% during the 4th quarter. Millennium Management LLC now owns 683,370 shares of the mining company’s stock valued at $2,213,000 after buying an additional 600,871 shares during the last quarter. Finally, American Century Companies Inc. acquired a new stake in shares of Endeavour Silver during the 3rd quarter valued at about $1,368,000. Hedge funds and other institutional investors own 25.89% 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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