Q4 Earnings Estimate for Endeavour Silver Issued By B. Riley

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) – Research analysts at B. Riley lowered their Q4 2024 earnings estimates for Endeavour Silver in a research report issued to clients and investors on Wednesday, November 27th. B. Riley analyst L. Pipes now anticipates that the mining company will post earnings per share of ($0.01) for the quarter, down from their prior forecast of $0.03. The consensus estimate for Endeavour Silver’s current full-year earnings is ($0.07) per share. B. Riley also issued estimates for Endeavour Silver’s FY2025 earnings at $0.32 EPS and FY2026 earnings at $0.46 EPS.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued its earnings results on Tuesday, November 5th. The mining company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The business had revenue of $53.40 million during the quarter, compared to analysts’ expectations of $54.91 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.04) EPS.

A number of other equities research analysts have also weighed in on EXK. Alliance Global Partners boosted their target price on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. HC Wainwright increased their price objective on Endeavour Silver from $6.00 to $7.25 and gave the company a “buy” rating in a report on Wednesday, November 6th. Finally, StockNews.com raised Endeavour Silver to a “sell” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Endeavour Silver has an average rating of “Moderate Buy” and a consensus target price of $6.63.

Endeavour Silver Stock Performance

NYSE:EXK opened at $4.14 on Thursday. The stock’s 50-day moving average is $4.54 and its 200-day moving average is $3.97. The stock has a market cap of $1.02 billion, a P/E ratio of -31.81 and a beta of 1.67. Endeavour Silver has a 1-year low of $1.42 and a 1-year high of $5.67. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20.

Hedge Funds Weigh In On Endeavour Silver

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Van ECK Associates Corp raised its position in shares of Endeavour Silver by 2.7% in the 3rd quarter. Van ECK Associates Corp now owns 25,125,455 shares of the mining company’s stock worth $98,994,000 after acquiring an additional 658,215 shares in the last quarter. TD Asset Management Inc acquired a new stake in Endeavour Silver during the second quarter worth approximately $9,452,000. National Bank of Canada FI increased its holdings in Endeavour Silver by 3.4% in the third quarter. National Bank of Canada FI now owns 453,869 shares of the mining company’s stock worth $1,788,000 after purchasing an additional 15,075 shares in the last quarter. U S Global Investors Inc. acquired a new position in Endeavour Silver in the third quarter valued at approximately $1,382,000. Finally, Quest Partners LLC bought a new position in shares of Endeavour Silver during the 3rd quarter worth approximately $964,000. Institutional investors and hedge funds own 20.06% of the company’s stock.

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.