Endeavour Silver (NYSE:EXK) Stock Gets Price Target Cut from HC Wainwright

Endeavour Silver (NYSE:EXK) (TSE:EDR) had its price target cut by HC Wainwright from $17.00 to $16.75 in a report released on Tuesday,Benzinga reports. They currently have a buy rating on the mining company’s stock. HC Wainwright also issued estimates for Endeavour Silver’s FY2026 earnings at $0.66 EPS and FY2027 earnings at $0.54 EPS.

Several other research firms have also weighed in on EXK. Weiss Ratings upgraded shares of Endeavour Silver from a “sell (d-)” rating to a “hold (c)” rating in a research note on Tuesday, September 22nd. B. Riley Financial initiated coverage on shares of Endeavour Silver in a research note on Monday, August 3rd. They set a “buy” rating and a $14.00 target price on the stock. Citigroup lowered shares of Endeavour Silver to a “market perform” rating in a research note on Friday, October 9th. Wall Street Zen cut shares of Endeavour Silver from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Canadian Imperial Bank of Commerce downgraded shares of Endeavour Silver from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $13.92.

Endeavour Silver Stock Down 3.3%

Shares of Endeavour Silver stock opened at $7.85 on Tuesday. The stock’s 50-day moving average is $8.78 and its 200 day moving average is $9.57. Endeavour Silver has a one year low of $6.91 and a one year high of $15.15. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 15.61 and a beta of 1.38. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.19 and a quick ratio of 1.65.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued its earnings results on Monday, November 9th. The mining company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. Endeavour Silver had a return on equity of 22.55% and a net margin of 17.20%. The business had revenue of $184.50 million during the quarter, compared to the consensus estimate of $197.00 million. Equities research analysts anticipate that Endeavour Silver will post 0.66 EPS for the current year.

Hedge Funds Weigh In On Endeavour Silver

A number of institutional investors have recently modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new stake in Endeavour Silver in the 2nd quarter valued at $29,000. TD Waterhouse Canada Inc. increased its stake in Endeavour Silver by 223.5% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 3,500 shares of the mining company’s stock valued at $29,000 after purchasing an additional 2,418 shares in the last quarter. Harbor Investment Advisory LLC raised its holdings in Endeavour Silver by 166.7% during the second quarter. Harbor Investment Advisory LLC now owns 4,000 shares of the mining company’s stock worth $33,000 after buying an additional 2,500 shares during the last quarter. Fortitude Family Office LLC acquired a new position in Endeavour Silver during the third quarter worth $34,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Endeavour Silver during the second quarter worth $53,000. 20.06% of the stock is owned by institutional investors and hedge funds.

About Endeavour Silver

Endeavour Silver Corp. is a Canadian mining company that acquires, explores, develops and operates silver and gold properties. Founded in 2004, the company focuses on producing precious metals and expanding its portfolio through mine development and exploration. Its mining and development activities have centered on Mexico, including the Guanaceví and Bolañitos operations and the Terronera project. Endeavour has also expanded into Peru through its acquisition of the Kolpa mine, which produces silver as well as lead, zinc and copper.