Noble Financial Keeps a Hold Rating on Endeavour Silver Corp (EXK)


Noble Financial analyst Mark Reichman maintained a Hold rating on Endeavour Silver Corp (EXK) on July 11. The company’s shares closed on Friday at $1.75, close to its 52-week low of $1.68.

According to TipRanks.com, Reichman ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -15.7% and a 18.3% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Great Panther Silver, Avino Silver & Gold, and Sierra Metals Inc.

Endeavour Silver Corp has an analyst consensus of Moderate Buy, with a price target consensus of $3.25.

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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 GAAP net loss of $5.65 million.

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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.

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