Endeavour Silver Corp. (EXK) Trading Up 2.5%
Endeavour Silver Corp. (NYSE:EXK) shares were up 2.5% during mid-day trading on Tuesday . The stock traded as high as $4.21 and last traded at $4.17, with a volume of 2,667,009 shares traded. The stock had previously closed at $4.07.
Several research analysts recently issued reports on EXK shares. Zacks Investment Research upgraded shares of Endeavour Silver Corp. from a “hold” rating to a “buy” rating and set a $3.00 price target on the stock in a research report on Tuesday, March 29th. Raymond James Financial Inc. raised Endeavour Silver Corp. from an “underperform” rating to a “market perform” rating in a report on Monday, June 27th. Rodman & Renshaw boosted their price objective on Endeavour Silver Corp. from $2.50 to $3.40 and gave the stock a “buy” rating in a report on Tuesday, April 12th. CIBC reissued an “underperform” rating and set a $3.50 price objective (up from $3.00) on shares of Endeavour Silver Corp. in a report on Friday, May 13th. Finally, Eurobank EFG raised Endeavour Silver Corp. from a “sell” rating to a “neutral” rating in a report on Monday, March 21st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Endeavour Silver Corp. currently has an average rating of “Hold” and an average price target of $2.90.
The company’s 50 day moving average price is $3.60 and its 200 day moving average price is $2.60. The company’s market capitalization is $517.78 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 Zacks’ consensus estimate of $0.05 by $0.03. The company earned $41.50 million during the quarter, compared to the consensus estimate of $43.10 million. Equities analysts predict that Endeavour Silver Corp. will post ($0.02) 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.