Endeavour Silver (EXK) Scheduled to Post Earnings on Wednesday

Endeavour Silver (NYSE:EXK – Get Rating) (TSE:EDR) will announce its earnings results before the market opens on Wednesday, May 11th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Shares of EXK opened at $3.88 on Wednesday. The stock has a market cap of $700.58 million, a PE ratio of 48.51 and a beta of 1.40. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.31 and a current ratio of 3.99. Endeavour Silver has a fifty-two week low of $3.35 and a fifty-two week high of $7.76. The firm’s 50-day simple moving average is $4.77 and its two-hundred day simple moving average is $4.57.

A number of equities research analysts have weighed in on EXK shares. HC Wainwright upped their price objective on shares of Endeavour Silver from $8.50 to $8.75 and gave the stock a “buy” rating in a report on Tuesday, April 12th. B. Riley upped their target price on shares of Endeavour Silver from $6.00 to $8.00 in a research note on Monday, March 28th. BMO Capital Markets upped their target price on shares of Endeavour Silver from C$5.75 to C$6.00 in a research note on Tuesday, April 12th. StockNews.com started coverage on shares of Endeavour Silver in a research note on Thursday, March 31st. They issued a “sell” rating on the stock. Finally, TD Securities upped their target price on shares of Endeavour Silver from C$6.00 to C$7.00 in a research note on Monday, March 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Endeavour Silver currently has a consensus rating of “Hold” and an average price target of $6.88.

A number of institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its position in Endeavour Silver by 7.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 150,629 shares of the mining company’s stock worth $637,000 after acquiring an additional 9,873 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of Endeavour Silver during the 4th quarter worth $42,000. Mackenzie Financial Corp boosted its stake in shares of Endeavour Silver by 39.0% during the 4th quarter. Mackenzie Financial Corp now owns 53,468 shares of the mining company’s stock worth $226,000 after acquiring an additional 15,008 shares during the last quarter. Invesco Ltd. purchased a new position in shares of Endeavour Silver during the 2nd quarter worth $113,000. Finally, Cubist Systematic Strategies LLC boosted its stake in shares of Endeavour Silver by 43.8% during the 4th quarter. Cubist Systematic Strategies LLC now owns 61,760 shares of the mining company’s stock worth $261,000 after acquiring an additional 18,807 shares during the last quarter. Institutional investors own 23.67% of the company’s stock.

About Endeavour Silver (Get Rating)

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company operates two producing silver-gold mines in Mexico, such as the Guanaceví mine in Durango; and the Bolañitos mine in Guanajuato.

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