Endeavour Silver (NYSE:EXK) Announces Earnings Results

Endeavour Silver (NYSE:EXK) (TSE:EDR) announced its earnings results on Tuesday. The mining company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03, Zacks reports. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%.

Endeavour Silver Trading Down 8.9 %

Shares of EXK stock opened at $3.63 on Tuesday. The firm has a fifty day moving average of $3.80 and a 200-day moving average of $4.01. The stock has a market cap of $950.92 million, a price-to-earnings ratio of -27.88 and a beta of 1.55. Endeavour Silver has a 52-week low of $1.90 and a 52-week high of $5.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EXK. StockNews.com raised Endeavour Silver to a “sell” rating in a research report on Friday, February 28th. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a report on Wednesday, November 13th. HC Wainwright dropped their price objective on shares of Endeavour Silver from $7.25 to $7.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Finally, TD Securities started coverage on shares of Endeavour Silver in a research note on Friday, November 29th. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Endeavour Silver has an average rating of “Moderate Buy” and an average price target of $6.56.

About Endeavour Silver

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.