Endeavour Silver Corp (EXK) Receives a Buy from H.C. Wainwright


H.C. Wainwright analyst Heiko Ihle maintained a Buy rating on Endeavour Silver Corp (NYSE: EXK) today and set a price target of $5.75. The company’s shares closed yesterday at $2.48.

Ihle noted:

“Valuation for Guanaceví 175,640 $ HCW estimate Valuation for Bolañitos 173,403 $ HCW estimate Valuation for El Cubo 138,360 $ HCW estimate Valuation for El Compas 13,351 $ HCW estimate Valuation for Terronera 50,000 $ HCW estimate.”

According to TipRanks.com, Ihle is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -2.1% and a 34.0% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.

Endeavour Silver Corp has an analyst consensus of Strong Buy, with a price target consensus of $5, representing a 101.6% upside. In a report issued on September 28, Raymond James also maintained a Buy rating on the stock.

.

See today’s analyst top recommended stocks >>

Based on Endeavour Silver Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $5.65 million. In comparison, last year the company had a net profit of $996K.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts