B. Riley Analysts Decrease Earnings Estimates for TSE:EDR

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) – Equities researchers at B. Riley cut their FY2024 earnings per share (EPS) estimates for shares of Endeavour Silver in a report issued on Wednesday, November 27th. B. Riley analyst L. Pipes now expects that the company will earn $0.02 per share for the year, down from their prior forecast of $0.05. The consensus estimate for Endeavour Silver’s current full-year earnings is $0.63 per share. B. Riley also issued estimates for Endeavour Silver’s Q4 2024 earnings at ($0.01) EPS.

EDR has been the topic of several other research reports. Ventum Financial set a C$9.00 target price on Endeavour Silver and gave the company a “buy” rating in a research note on Tuesday. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. Finally, TD Securities lifted their price target on Endeavour Silver from C$7.00 to C$7.50 in a research report on Friday, October 18th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$7.63.

Endeavour Silver Trading Up 5.1 %

TSE EDR opened at C$6.03 on Monday. The company has a debt-to-equity ratio of 14.58, a quick ratio of 2.38 and a current ratio of 2.02. Endeavour Silver has a one year low of C$1.94 and a one year high of C$7.87. The company has a 50-day simple moving average of C$6.28 and a 200-day simple moving average of C$5.45. The firm has a market capitalization of C$1.48 billion, a PE ratio of -75.38, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92.

Insider Transactions at Endeavour Silver

In other Endeavour Silver news, Senior Officer Donald Paul Gray sold 60,000 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of C$6.62, for a total transaction of C$396,990.00. Also, Director Rex John Mclennan sold 34,800 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$6.50, for a total value of C$226,200.00. 0.17% of the stock is currently owned by company insiders.

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.