Ventum Cap Mkts Has Strong Forecast for EXK FY2027 Earnings

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) – Analysts at Ventum Cap Mkts lifted their FY2027 earnings per share estimates for Endeavour Silver in a research note issued on Wednesday, January 15th. Ventum Cap Mkts analyst A. Terentiew now expects that the mining company will post earnings per share of $0.26 for the year, up from their prior estimate of $0.23. Ventum Cap Mkts has a “Strong-Buy” rating on the stock. The consensus estimate for Endeavour Silver’s current full-year earnings is ($0.07) per share. Ventum Cap Mkts also issued estimates for Endeavour Silver’s FY2028 earnings at $0.30 EPS.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings results on Tuesday, November 5th. The mining company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company had revenue of $53.40 million for the quarter, compared to the consensus estimate of $54.91 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the company posted ($0.04) earnings per share.

EXK has been the subject of a number of other research reports. TD Securities assumed coverage on shares of Endeavour Silver in a research report on Friday, November 29th. They set a “buy” rating for the company. Alliance Global Partners raised their price target on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. StockNews.com upgraded Endeavour Silver to a “sell” rating in a research note on Tuesday, December 24th. Finally, HC Wainwright dropped their price objective on shares of Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.56.

Endeavour Silver Trading Up 3.0 %

Shares of NYSE:EXK opened at $3.62 on Monday. Endeavour Silver has a 52-week low of $1.42 and a 52-week high of $5.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39. The company has a market cap of $948.29 million, a P/E ratio of -27.81 and a beta of 1.64. The stock’s 50-day moving average is $4.01 and its 200-day moving average is $4.01.

Hedge Funds Weigh In On Endeavour Silver

Several institutional investors have recently modified their holdings of EXK. Alpha Cubed Investments LLC acquired a new stake in Endeavour Silver in the 4th quarter valued at approximately $37,000. Blue Trust Inc. grew its holdings in shares of Endeavour Silver by 139.6% in the 3rd quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock valued at $57,000 after acquiring an additional 8,389 shares in the last quarter. Virtu Financial LLC bought a new stake in Endeavour Silver during the third quarter worth about $80,000. Quantbot Technologies LP acquired a new position in shares of Endeavour Silver during the 3rd quarter worth approximately $100,000. Finally, Walleye Capital LLC acquired a new stake in shares of Endeavour Silver in the 3rd quarter valued at approximately $111,000. 20.06% of the stock is currently 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.