In a report released today, Mark Reichman from Noble Financial maintained a Hold rating on Endeavour Silver Corp (EXK). The company’s shares closed on Friday at $2.60.
According to TipRanks.com, Reichman has 0 stars on 0-5 star ranking scale with an average return of -8.3% and a 32.4% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Great Panther Silver, Avino Silver & Gold, and Sierra Metals Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Endeavour Silver Corp with a $3 average price target, which is a 15.4% upside from current levels. In a report issued on July 31, PI Financial also downgraded the stock to Hold.
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 $10.12 million. In comparison, last year the company had a GAAP net loss of $5.65 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.
