Endeavour Silver Corp (NYSE:EXK) (TSE:EDR) has received a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $5.00.

A number of equities analysts have recently weighed in on the company. ValuEngine cut Endeavour Silver from a “hold” rating to a “sell” rating in a report on Wednesday, July 11th. TheStreet cut Endeavour Silver from a “c” rating to a “d+” rating in a report on Monday, August 27th. HC Wainwright reissued a “buy” rating and issued a $6.00 price target on shares of Endeavour Silver in a report on Thursday, August 30th. Noble Financial reissued a “buy” rating and issued a $4.00 price target on shares of Endeavour Silver in a report on Wednesday. Finally, Zacks Investment Research raised Endeavour Silver from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 4th.

EXK traded up $0.01 during trading on Friday, reaching $2.17. 26,005 shares of the stock were exchanged, compared to its average volume of 891,067. The company has a market cap of $275.76 million, a price-to-earnings ratio of 27.00 and a beta of -0.27. Endeavour Silver has a 1 year low of $1.94 and a 1 year high of $3.35.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings results on Thursday, August 2nd. The mining company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.05). Endeavour Silver had a return on equity of 0.23% and a net margin of 0.21%. The company had revenue of $38.77 million during the quarter, compared to analyst estimates of $40.70 million. equities analysts anticipate that Endeavour Silver will post 0.04 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. LPL Financial LLC increased its stake in Endeavour Silver by 6.9% in the first quarter. LPL Financial LLC now owns 334,472 shares of the mining company’s stock valued at $813,000 after purchasing an additional 21,544 shares during the last quarter. Sigma Planning Corp grew its position in Endeavour Silver by 44.4% during the second quarter. Sigma Planning Corp now owns 94,906 shares of the mining company’s stock valued at $296,000 after acquiring an additional 29,178 shares during the period. Goldman Sachs Group Inc. purchased a new stake in Endeavour Silver during the fourth quarter valued at about $114,000. WESPAC Advisors LLC bought a new stake in shares of Endeavour Silver during the 1st quarter worth $122,000. Finally, Global X Management Co LLC boosted its stake in shares of Endeavour Silver by 5.2% during the 2nd quarter. Global X Management Co LLC now owns 1,918,087 shares of the mining company’s stock worth $5,984,000 after acquiring an additional 94,233 shares in the last quarter. Hedge funds and other institutional investors own 19.20% of the company’s stock.

About Endeavour Silver

Endeavour Silver Corp., a mid-tier precious metals mining company, engages in the mining, evaluation, acquisition, exploration, development, extraction, processing, refining, and reclamation of silver in Mexico and Chile. The company also explores for gold deposits. It owns interests in the Guanaceví mine located in the Guanaceví district, Durango, Mexico; and the Bolañitos and El Cubo silver-gold mines located in the northern parts of the Guanajuato and La Luz silver districts in the state of Guanajuato, Mexico.

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