Endeavour Silver (NYSE:EXK) Stock Price Expected to Rise, HC Wainwright Analyst Says

Endeavour Silver (NYSE:EXK) (TSE:EDR) had its target price raised by HC Wainwright from $6.00 to $7.25 in a research note published on Wednesday morning, Benzinga reports. The brokerage currently has a buy rating on the mining company’s stock. HC Wainwright also issued estimates for Endeavour Silver’s FY2025 earnings at $0.16 EPS.

A number of other equities research analysts have also commented on EXK. Alliance Global Partners raised their price target on Endeavour Silver from $5.25 to $6.25 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. CIBC boosted their price objective on shares of Endeavour Silver from $6.00 to $7.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Endeavour Silver has a consensus rating of “Moderate Buy” and an average target price of $6.63.

Endeavour Silver Trading Up 2.5 %

EXK traded up $0.12 during mid-day trading on Wednesday, reaching $4.84. The stock had a trading volume of 1,773,778 shares, compared to its average volume of 5,455,457. The firm’s fifty day simple moving average is $4.13 and its two-hundred day simple moving average is $3.79. The stock has a market capitalization of $1.19 billion, a P/E ratio of -67.42 and a beta of 1.67. Endeavour Silver has a 52 week low of $1.42 and a 52 week high of $5.67. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.65 and a current ratio of 2.02.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings data on Tuesday, November 5th. The mining company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. Endeavour Silver had a negative net margin of 6.53% and a negative return on equity of 1.25%. The business had revenue of $53.40 million for the quarter, compared to analyst estimates of $54.91 million. During the same period in the prior year, the business posted ($0.04) earnings per share. Endeavour Silver’s revenue was up 7.9% compared to the same quarter last year. On average, equities analysts predict that Endeavour Silver will post 0.04 EPS for the current year.

Institutional Trading of Endeavour Silver

A number of large investors have recently added to or reduced their stakes in EXK. B. Riley Wealth Advisors Inc. raised its stake in Endeavour Silver by 9.7% in the first quarter. B. Riley Wealth Advisors Inc. now owns 76,800 shares of the mining company’s stock valued at $187,000 after buying an additional 6,800 shares during the period. SG Americas Securities LLC lifted its holdings in Endeavour Silver by 61.6% during the 1st quarter. SG Americas Securities LLC now owns 20,603 shares of the mining company’s stock valued at $50,000 after purchasing an additional 7,852 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Endeavour Silver by 139.6% in the third quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock valued at $57,000 after purchasing an additional 8,389 shares during the last quarter. Rathbones Group PLC raised its position in shares of Endeavour Silver by 58.8% in the second quarter. Rathbones Group PLC now owns 22,950 shares of the mining company’s stock valued at $81,000 after purchasing an additional 8,500 shares during the period. Finally, Hohimer Wealth Management LLC acquired a new stake in shares of Endeavour Silver during the 2nd quarter worth about $42,000. Institutional investors and hedge funds own 20.06% of the company’s stock.

Endeavour Silver Company Profile

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.