Zacks: Analysts Anticipate Endeavour Silver Corporation (EXK) Will Post Earnings of $0.01 Per Share
Equities research analysts forecast that Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) will announce earnings per share of $0.01 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Endeavour Silver Corporation’s earnings. The highest EPS estimate is $0.03 and the lowest is ($0.02). Endeavour Silver Corporation posted earnings of ($0.04) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 125%. The business is scheduled to announce its next earnings report on Thursday, March 1st.
On average, analysts expect that Endeavour Silver Corporation will report full year earnings of $0.06 per share for the current financial year, with EPS estimates ranging from $0.01 to $0.09. For the next year, analysts expect that the business will post earnings of $0.23 per share, with EPS estimates ranging from $0.02 to $0.44. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that follow Endeavour Silver Corporation.
Several brokerages recently issued reports on EXK. Noble Financial reaffirmed a “buy” rating on shares of Endeavour Silver Corporation in a research report on Wednesday, October 11th. HC Wainwright reaffirmed a “buy” rating and set a $6.00 target price on shares of Endeavour Silver Corporation in a research report on Wednesday, October 11th. Canaccord Genuity began coverage on Endeavour Silver Corporation in a research report on Thursday, September 7th. They set a “hold” rating for the company. Zacks Investment Research upgraded Endeavour Silver Corporation from a “strong sell” rating to a “hold” rating in a report on Friday, October 20th. Finally, BMO Capital Markets began coverage on Endeavour Silver Corporation in a report on Friday. They set a “market perform” rating for the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $4.94.
Shares of Endeavour Silver Corporation (NYSE EXK) traded up $0.01 during trading hours on Thursday, reaching $2.08. The company had a trading volume of 666,475 shares, compared to its average volume of 2,146,883. The company has a market cap of $266.78, a price-to-earnings ratio of 107.00 and a beta of -0.14. Endeavour Silver Corporation has a twelve month low of $1.94 and a twelve month high of $4.90.
Several institutional investors and hedge funds have recently modified their holdings of EXK. Bank of Montreal Can grew its stake in shares of Endeavour Silver Corporation by 1,730.2% in the 2nd quarter. Bank of Montreal Can now owns 2,058,260 shares of the mining company’s stock valued at $6,278,000 after buying an additional 1,945,800 shares during the period. Van ECK Associates Corp lifted its position in Endeavour Silver Corporation by 11.2% in the 3rd quarter. Van ECK Associates Corp now owns 9,370,190 shares of the mining company’s stock valued at $22,301,000 after acquiring an additional 944,317 shares in the last quarter. Ninepoint Partners LP bought a new position in Endeavour Silver Corporation in the 3rd quarter valued at about $1,924,000. ETF Managers Group LLC bought a new position in Endeavour Silver Corporation in the 2nd quarter valued at about $2,361,000. Finally, Goldman Sachs Group Inc. lifted its position in Endeavour Silver Corporation by 666.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 335,238 shares of the mining company’s stock valued at $1,023,000 after acquiring an additional 291,507 shares in the last quarter. Institutional investors own 25.84% of the company’s stock.
Endeavour Silver Corporation Company Profile
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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