Endeavour Silver Corp (NYSE:EXK) (TSE:EDR) – National Bank Financial reduced their Q3 2017 earnings estimates for Endeavour Silver Corp in a research note issued on Wednesday, according to Zacks Investment Research. National Bank Financial analyst S. Nagle now expects that the mining company will earn $0.00 per share for the quarter, down from their previous forecast of $0.01. National Bank Financial has a “Sec Perform Spec Market Wgt” rating on the stock. National Bank Financial also issued estimates for Endeavour Silver Corp’s FY2017 earnings at $0.02 EPS.

A number of other analysts have also recently weighed in on EXK. Zacks Investment Research cut Endeavour Silver Corp from a “hold” rating to a “sell” rating in a research report on Tuesday, January 24th. Noble Financial started coverage on Endeavour Silver Corp in a research report on Thursday, February 16th. They issued a “buy” rating and a $5.50 price objective for the company. BMO Capital Markets raised Endeavour Silver Corp from an “underperform” rating to a “market perform” rating and set a $5.00 price objective for the company in a research report on Tuesday, April 4th. Raymond James Financial, Inc. raised Endeavour Silver Corp from a “market perform” rating to an “outperform” rating in a research report on Wednesday, April 5th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $6.00 price target on shares of Endeavour Silver Corp in a research report on Thursday, April 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $5.71.

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

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Shares of Endeavour Silver Corp (NYSE:EXK) opened at 3.17 on Monday. The firm has a 50-day moving average price of $3.17 and a 200 day moving average price of $3.72. Endeavour Silver Corp has a 12-month low of $2.76 and a 12-month high of $5.95. The company has a market capitalization of $403.55 million, a P/E ratio of 50.32 and a beta of -0.09.

Endeavour Silver Corp (NYSE:EXK) last released its earnings results on Wednesday, May 3rd. The mining company reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.02. Endeavour Silver Corp had a positive return on equity of 7.83% and a negative net margin of 74.40%. The business had revenue of $36.44 million for the quarter, compared to the consensus estimate of $36.31 million.

Institutional investors have recently added to or reduced their stakes in the stock. Van ECK Associates Corp raised its position in Endeavour Silver Corp by 32.5% in the first quarter. Van ECK Associates Corp now owns 20,341,055 shares of the mining company’s stock worth $64,685,000 after buying an additional 4,989,578 shares during the last quarter. ETF Managers Group LLC bought a new position in Endeavour Silver Corp during the third quarter worth $4,516,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in Endeavour Silver Corp during the fourth quarter worth $2,398,000. Renaissance Technologies LLC raised its position in Endeavour Silver Corp by 7.9% in the fourth quarter. Renaissance Technologies LLC now owns 5,447,300 shares of the mining company’s stock worth $19,174,000 after buying an additional 401,100 shares during the last quarter. Finally, Oxford Asset Management bought a new position in Endeavour Silver Corp during the fourth quarter worth $973,000. Institutional investors and hedge funds own 32.85% of the company’s stock.

About Endeavour Silver Corp

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.

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