H.C. Wainwright analyst Heiko Ihle maintained a Buy rating on Endeavour Silver Corp (NYSE: EXK) today and set a price target of $6. The company’s shares closed yesterday at $2.94.
According to TipRanks.com, Ihle is a 4-star analyst with an average return of 7.7% and a 44.3% 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 Moderate Buy, with a price target consensus of $6.
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Based on Endeavour Silver Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $40.33 million and quarterly net profit of $2.33 million. In comparison, last year the company earned revenue of $36.44 million and had a net profit of $6.04 million.
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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.
