H.C. Wainwright Reiterates a Buy Rating on Endeavour Silver Corp (EXK)


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 $3.25. The company’s shares closed yesterday at $1.73, close to its 52-week low of $1.72.

Ihle wrote:

“$ 0.89 $ HCW estimate $ 0.68 $ HCW estimate $ 0.13 $ HCW estimate $ 0.11 $ HCW estimate $ 0.38 $ 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 -9.8% and a 28.7% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Endeavour Silver Corp with a $3.25 average price target, which is an 87.9% upside from current levels. In a report issued on May 10, GMP FirstEnergy also reiterated 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 March 31, the company reported a quarterly GAAP net loss of $13.28 million. In comparison, last year the company had a net profit of $2.33 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. 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 and La Plata plant in Zacatecas, and Parral properties in Chihuahua.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts