Endeavour Silver Corp. (EXK) Sees Large Volume Increase
Shares of Endeavour Silver Corp. (NYSE:EXK) saw an uptick in trading volume on Wednesday . 2,577,878 shares traded hands during mid-day trading, a decline of 6% from the previous session’s volume of 2,755,909 shares.The stock last traded at $4.32 and had previously closed at $4.67.
Several research firms have recently weighed in on EXK. Rodman & Renshaw boosted their target price on shares of Endeavour Silver Corp. from $2.50 to $3.40 and gave the stock a “buy” rating in a research report on Tuesday, April 12th. Zacks Investment Research raised shares of Endeavour Silver Corp. from a “hold” rating to a “buy” rating and set a $3.00 target price for the company in a research report on Tuesday, March 29th. EuroPacific Canada reissued a “neutral” rating on shares of Endeavour Silver Corp. in a research report on Tuesday, March 22nd. Raymond James Financial Inc. raised shares of Endeavour Silver Corp. from an “underperform” rating to a “market perform” rating in a research report on Monday, June 27th. Finally, CIBC reissued an “underperform” rating and issued a $3.50 target price (up previously from $3.00) on shares of Endeavour Silver Corp. in a research report on Friday, May 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $2.90.
The stock’s market capitalization is $462.34 million. The stock’s 50-day moving average price is $3.99 and its 200-day moving average price is $2.82.
Endeavour Silver Corp. (NYSE:EXK) last issued its earnings results on Thursday, May 5th. The mining company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.03. The firm had revenue of $41.50 million for the quarter, compared to the consensus estimate of $43.10 million. On average, equities research analysts predict that Endeavour Silver Corp. will post $0.01 earnings per share for the current fiscal 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.