Endeavour Silver (NYSE:EXK) Announces Earnings Results

Endeavour Silver (NYSE:EXK) (TSE:EDR) announced its quarterly earnings data on Tuesday. The mining company reported $0.02 earnings per share (EPS) 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%. The business had revenue of $42.20 million during the quarter, compared to analysts’ expectations of $69.90 million.

Endeavour Silver Trading Up 24.3 %

NYSE EXK opened at $4.53 on Wednesday. The firm’s fifty day moving average price is $3.82 and its 200 day moving average price is $4.02. Endeavour Silver has a 12 month low of $2.02 and a 12 month high of $5.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of -34.81 and a beta of 1.55.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. TD Securities upgraded shares of Endeavour Silver to a “strong-buy” rating in a research note on Monday. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. HC Wainwright boosted their target price on shares of Endeavour Silver from $7.00 to $7.25 and gave the stock a “buy” rating in a research note on Wednesday. Finally, StockNews.com upgraded Endeavour Silver to a “sell” rating in a research note on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $6.63.

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.