Endeavour Silver Corp. (EXK) Shares Up 6.7%
Endeavour Silver Corp. (NYSE:EXK) shares shot up 6.7% during trading on Thursday . The stock traded as high as $4.51 and last traded at $4.45, with a volume of 1,421,538 shares traded. The stock had previously closed at $4.17.
Several brokerages have commented on EXK. Zacks Investment Research downgraded Endeavour Silver Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 5th. Raymond James Financial Inc. raised Endeavour Silver Corp. from an “underperform” rating to a “market perform” rating in a research report on Monday, June 27th. CIBC reaffirmed an “underperform” rating and issued a $3.50 price target (up from $3.00) on shares of Endeavour Silver Corp. in a research report on Friday, May 13th. Finally, Rodman & Renshaw lifted their price target on Endeavour Silver Corp. from $2.50 to $3.40 and gave the stock a “buy” rating in a research report on Tuesday, April 12th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $2.90.
The company’s 50 day moving average is $3.99 and its 200 day moving average is $2.82. The company’s market cap is $492.28 million.
Endeavour Silver Corp. (NYSE:EXK) last issued its quarterly earnings results on Thursday, May 5th. The mining company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.05 by $0.03. The company earned $41.50 million during the quarter, compared to analysts’ expectations of $43.10 million. On average, equities research analysts forecast that Endeavour Silver Corp. will post $0.01 earnings per share for the current year.
Endeavour Silver Corp. is a mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of metal properties in Mexico and Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.
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