Endeavour Silver (NYSE:EXK) Shares Gap Up to $2.65

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $2.65, but opened at $2.77. Endeavour Silver shares last traded at $2.79, with a volume of 1,916,760 shares traded.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. TD Securities upgraded Endeavour Silver from a “hold” rating to a “buy” rating in a report on Tuesday, January 9th. HC Wainwright reduced their price target on shares of Endeavour Silver from $7.25 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, January 11th. Finally, StockNews.com raised shares of Endeavour Silver to a “sell” rating in a research report on Friday, February 23rd.

Endeavour Silver Stock Down 0.3 %

The firm has a 50-day simple moving average of $2.39 and a 200 day simple moving average of $2.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.73 and a quick ratio of 1.26. The company has a market capitalization of $684.97 million, a PE ratio of 142.57 and a beta of 1.67.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its earnings results on Monday, March 11th. The mining company reported $0.02 EPS for the quarter. The business had revenue of $50.50 million for the quarter. Endeavour Silver had a return on equity of 2.28% and a net margin of 2.98%. During the same quarter in the previous year, the business posted $0.04 earnings per share. On average, research analysts predict that Endeavour Silver Corp. will post 0.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Atria Wealth Solutions Inc. acquired a new position in Endeavour Silver in the 4th quarter worth $25,000. Rathbones Group PLC acquired a new position in shares of Endeavour Silver in the third quarter worth about $32,000. MCIA Inc purchased a new position in Endeavour Silver in the first quarter valued at about $34,000. Dynamic Technology Lab Private Ltd acquired a new stake in Endeavour Silver during the 4th quarter valued at approximately $30,000. Finally, Integrated Advisors Network LLC purchased a new stake in Endeavour Silver during the 3rd quarter worth approximately $41,000. 20.06% of the stock is owned by institutional investors and hedge funds.

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.