HC Wainwright Predicts Weaker Earnings for Endeavour Silver

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) – Equities research analysts at HC Wainwright cut their FY2025 earnings per share estimates for Endeavour Silver in a research report issued to clients and investors on Wednesday, March 12th. HC Wainwright analyst H. Ihle now expects that the mining company will post earnings of $0.12 per share for the year, down from their prior forecast of $0.13. HC Wainwright currently has a “Buy” rating and a $7.25 price target on the stock. The consensus estimate for Endeavour Silver’s current full-year earnings is ($0.07) per share.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings data on Tuesday, March 11th. The mining company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. The firm had revenue of $42.20 million during the quarter, compared to analyst estimates of $69.90 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%.

EXK has been the subject of a number of other reports. StockNews.com raised Endeavour Silver to a “sell” rating in a research note on Friday, February 28th. TD Securities raised Endeavour Silver to a “strong-buy” rating in a research report on Monday, March 10th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Endeavour Silver in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $6.63.

Endeavour Silver Price Performance

Endeavour Silver stock opened at $4.72 on Friday. The firm has a market capitalization of $1.24 billion, a P/E ratio of -36.27 and a beta of 1.55. Endeavour Silver has a 1 year low of $2.02 and a 1 year high of $5.67. The business has a 50-day moving average of $3.87 and a 200-day moving average of $4.04. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EXK. Mackenzie Financial Corp boosted its stake in shares of Endeavour Silver by 995.2% during the fourth quarter. Mackenzie Financial Corp now owns 1,180,945 shares of the mining company’s stock valued at $4,325,000 after purchasing an additional 1,073,114 shares in the last quarter. Voloridge Investment Management LLC bought a new stake in shares of Endeavour Silver during the fourth quarter valued at approximately $543,000. Vident Advisory LLC increased its holdings in shares of Endeavour Silver by 2.8% during the fourth quarter. Vident Advisory LLC now owns 235,043 shares of the mining company’s stock valued at $860,000 after acquiring an additional 6,441 shares in the last quarter. Two Sigma Advisers LP increased its holdings in shares of Endeavour Silver by 26.2% during the fourth quarter. Two Sigma Advisers LP now owns 209,100 shares of the mining company’s stock valued at $765,000 after acquiring an additional 43,400 shares in the last quarter. Finally, Two Sigma Investments LP increased its holdings in shares of Endeavour Silver by 88.4% during the fourth quarter. Two Sigma Investments LP now owns 727,762 shares of the mining company’s stock valued at $2,664,000 after acquiring an additional 341,468 shares in the last quarter. Institutional investors own 20.06% of the company’s stock.

Endeavour Silver Company Profile

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.