Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) – Analysts at B. Riley increased their FY2022 earnings estimates for Endeavour Silver in a report issued on Tuesday, November 23rd. B. Riley analyst L. Pipes now expects that the mining company will post earnings of $0.56 per share for the year, up from their previous forecast of $0.54. B. Riley also issued estimates for Endeavour Silver’s FY2023 earnings at $0.56 EPS.
Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its earnings results on Monday, November 8th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.05). The company had revenue of $34.56 million for the quarter, compared to analyst estimates of $40.63 million. Endeavour Silver had a return on equity of 5.55% and a net margin of 19.34%.
Endeavour Silver stock opened at $5.10 on Thursday. The firm has a market capitalization of $869.35 million, a P/E ratio of 24.29 and a beta of 1.40. Endeavour Silver has a 1 year low of $3.25 and a 1 year high of $7.76. The business has a 50-day moving average of $4.80 and a 200-day moving average of $5.37. The company has a current ratio of 4.97, a quick ratio of 4.03 and a debt-to-equity ratio of 0.02.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its stake in Endeavour Silver by 28.7% in the 1st quarter. Royal Bank of Canada now owns 7,082 shares of the mining company’s stock valued at $35,000 after acquiring an additional 1,581 shares in the last quarter. Credit Suisse AG lifted its stake in Endeavour Silver by 1.3% in the 3rd quarter. Credit Suisse AG now owns 131,748 shares of the mining company’s stock valued at $539,000 after acquiring an additional 1,744 shares in the last quarter. Paloma Partners Management Co lifted its stake in Endeavour Silver by 9.3% in the 2nd quarter. Paloma Partners Management Co now owns 28,635 shares of the mining company’s stock valued at $175,000 after acquiring an additional 2,436 shares in the last quarter. Profund Advisors LLC lifted its stake in Endeavour Silver by 22.7% in the 2nd quarter. Profund Advisors LLC now owns 16,016 shares of the mining company’s stock valued at $98,000 after acquiring an additional 2,961 shares in the last quarter. Finally, Toronto Dominion Bank lifted its stake in Endeavour Silver by 16.8% in the 2nd quarter. Toronto Dominion Bank now owns 24,873 shares of the mining company’s stock valued at $153,000 after acquiring an additional 3,575 shares in the last quarter. Hedge funds and other institutional investors own 26.02% of the company’s stock.
About Endeavour Silver
Endeavour Silver Corp. operates as a mineral company. It engages in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The firm’s projects include Terronera property in Jalisco, El Compas property, Guanacevi Mine in Durango, Bolanitos Mines in Guanajuato, and Parral project in Chihuahua, Mexico.
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