In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Endeavour Silver Corp (EXK), with a price target of $3. The company’s shares closed yesterday at $2.22.
Ihle wrote:
“Valuation for Guanaceví 102,977 $ HCW estimate Valuation for Bolañitos 89,722 $ HCW estimate Valuation for El Cubo 15,531 $ HCW estimate Valuation for El Compas 6,119 $ HCW estimate Valuation for Terronera 50,000 $ HCW estimate.”
According to TipRanks.com, Ihle has 0 stars on 0-5 star ranking scale with an average return of -7.6% and a 32.9% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Golden Star Resources Ltd, and Northern Dynasty Minerals.
Currently, the analyst consensus on Endeavour Silver Corp is a Moderate Buy with an average price target of $2.75.
See today’s analyst top recommended stocks >>
Based on Endeavour Silver Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $5.45 million. In comparison, last year the company had a net profit of $2.67 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Endeavour Silver Corp. is a mineral company. It engages in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company projects include Terronera property in Jalisco, El Compas property and La Plata plant in Zacatecas, and Parral properties in Chihuahua.
