Endeavour Silver Corp. (NYSE:EXK) Forecasted to Post Q4 2021 Earnings of $0.14 Per Share

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) – B. Riley boosted their Q4 2021 EPS estimates for Endeavour Silver in a report released on Tuesday, November 23rd. B. Riley analyst L. Pipes now anticipates that the mining company will post earnings per share of $0.14 for the quarter, up from their prior forecast of $0.09.

Several other research firms have also recently weighed in on EXK. CIBC reduced their target price on shares of Endeavour Silver from C$8.25 to C$8.00 and set a “neutral” rating for the company in a research note on Wednesday, November 10th. Roth Capital cut their price target on shares of Endeavour Silver from $6.50 to $6.25 and set a “buy” rating for the company in a research note on Tuesday, September 14th. TD Securities cut their price target on shares of Endeavour Silver from C$8.00 to C$7.00 and set a “hold” rating for the company in a research note on Wednesday, August 11th. Zacks Investment Research upgraded shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research note on Thursday. Finally, HC Wainwright raised their price target on shares of Endeavour Silver from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Wednesday, November 10th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Endeavour Silver presently has an average rating of “Hold” and a consensus target price of $6.98.

NYSE EXK opened at $5.10 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.03 and a current ratio of 4.97. The firm has a 50-day simple moving average of $4.82 and a 200 day simple moving average of $5.37. Endeavour Silver has a twelve month low of $3.25 and a twelve month high of $7.76. The stock has a market cap of $869.35 million, a PE ratio of 24.29 and a beta of 1.40.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its earnings results on Monday, November 8th. The mining company reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.05). Endeavour Silver had a net margin of 19.34% and a return on equity of 5.55%. The company had revenue of $34.56 million during the quarter, compared to the consensus estimate of $40.63 million.

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its holdings in Endeavour Silver by 28.7% during the 1st quarter. Royal Bank of Canada now owns 7,082 shares of the mining company’s stock worth $35,000 after acquiring an additional 1,581 shares during the period. Credit Suisse AG grew its holdings in Endeavour Silver by 1.3% during the 3rd quarter. Credit Suisse AG now owns 131,748 shares of the mining company’s stock worth $539,000 after acquiring an additional 1,744 shares during the period. Paloma Partners Management Co grew its holdings in Endeavour Silver by 9.3% during the 2nd quarter. Paloma Partners Management Co now owns 28,635 shares of the mining company’s stock worth $175,000 after acquiring an additional 2,436 shares during the period. Profund Advisors LLC grew its holdings in Endeavour Silver by 22.7% during the 2nd quarter. Profund Advisors LLC now owns 16,016 shares of the mining company’s stock worth $98,000 after acquiring an additional 2,961 shares during the period. Finally, Toronto Dominion Bank grew its holdings in Endeavour Silver by 16.8% during the 2nd quarter. Toronto Dominion Bank now owns 24,873 shares of the mining company’s stock worth $153,000 after acquiring an additional 3,575 shares during the period. 26.02% of the stock is owned by institutional investors and hedge funds.

Endeavour Silver Company Profile

Endeavour Silver Corp. operates as a mineral company. It engages in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The firm’s projects include Terronera property in Jalisco, El Compas property, Guanacevi Mine in Durango, Bolanitos Mines in Guanajuato, and Parral project in Chihuahua, Mexico.

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Earnings History and Estimates for Endeavour Silver (NYSE:EXK)

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