Noteworthy Price Action: How Analysts Feel About Endeavour Silver Corp After Today’s Significant Increase?

Noteworthy Price Action: How Analysts Feel About Endeavour Silver Corp After Today's Significant Increase?

The stock of Endeavour Silver Corp (NYSE:EXK) is a huge mover today! About 291,982 shares traded hands. Endeavour Silver Corp (NYSE:EXK) has declined 0.82% since April 25, 2016 and is downtrending. It has underperformed by 6.83% the S&P500.
The move comes after 8 months positive chart setup for the $469.91 million company. It was reported on Nov, 28 by Barchart.com. We have $3.94 PT which if reached, will make NYSE:EXK worth $18.80 million more.

Analysts await Endeavour Silver Corp (NYSE:EXK) to report earnings on March, 3. They expect $0.02 EPS, up 200.00% or $0.04 from last year’s $-0.02 per share. EXK’s profit will be $2.48 million for 47.38 P/E if the $0.02 EPS becomes a reality. After $0.04 actual EPS reported by Endeavour Silver Corp for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

Endeavour Silver Corp (NYSE:EXK) Ratings Coverage

Out of 5 analysts covering Endeavour Silver Corp (NYSE:EXK), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Endeavour Silver Corp has been the topic of 8 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock has “Underperformer” rating given by IBC on Tuesday, February 23. Raymond James upgraded the shares of EXK in a report on Monday, June 27 to “Market Perform” rating. The stock of Endeavour Silver Corp (NYSE:EXK) earned “Sell” rating by Euro Pacific Capital on Tuesday, March 8. Rodman & Renshaw maintained the shares of EXK in a report on Tuesday, April 12 with “Buy” rating. TD Securities upgraded the stock to “Hold” rating in Monday, March 7 report. Zacks upgraded the stock to “Sell” rating in Monday, August 24 report.

According to Zacks Investment Research, “ENDEAVOUR SILVER CORP. is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. The expansion programs now underway at Endeavour’s two operating mines, Guanacevi in Durango State and Guanajuato in Guanajuato state, coupled with the Company’s acquisition and exploration programs in Mexico should enable Endeavour to join the ranks of top primary silver producers worldwide. Endeavour stands out from other silver mining companies for the strong organic growth potential of its core assets, its high silver grades and leverage, the substantial exploration upside of its Mexican mining properties, and the significant under-utilized capacities of the Guanacevi and Bolanitos plants.”

More news for Endeavour Silver Corp (NYSE:EXK) were recently published by: Reuters.com, which released: “BRIEF-Endeavour Silver Corp reports Q3 silver and gold production” on October 11, 2016. Seekingalpha.com‘s article titled: “Endeavour Silver: What It Is All About” and published on November 18, 2016 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment