Ventum Capital Markets Issues Revised Estimate for Endeavour Silver Earnings

Analysts at Ventum Capital Markets have updated their earnings estimates for Endeavour Silver Corp. (NYSE:EXK, TSE:EDR), a silver mining company, in a note shared with investors on March 11th. The report indicates that analyst A. Terentiew now expects the company to achieve earnings of $0.16 per share for the fiscal year 2025. This is a reduction from the previous estimate of $0.22 per share.

Currently, the consensus estimate for Endeavour Silver's full-year earnings is predicted to be at a loss of $0.07 per share. Looking further ahead, Ventum Capital Markets has projections for FY2026 earnings at $0.30 per share and FY2027 earnings at $0.34 per share.

Recent Analyst Ratings

Various other research firms have also expressed their views on Endeavour Silver’s stock. TD Securities upgraded Endeavour Silver to a "strong-buy" rating in a report released on Monday. Additionally, Alliance Global Partners maintained a "buy" rating in their analysis on Wednesday. However, StockNews.com downgraded Endeavour Silver to a "sell" rating at the end of February. Meanwhile, HC Wainwright increased their target price for the stock from $7.00 to $7.25, giving it a "buy" rating in their report published on Wednesday. Overall, one analyst has issued a sell rating, one holds a neutral stance, three analysts have recommended buying, and two assigned a strong buy rating. According to MarketBeat statistics, Endeavour Silver holds a consensus rating of "Moderate Buy" and an average price target of $6.63.

Endeavour Silver Stock Performance

As for stock performance, shares of Endeavour Silver (NYSE:EXK) opened at $4.64 on the trading day following the report. Over the past year, the stock reached a low of $2.02 and a high of $5.67. The company has a 50-day moving average of $3.84 and a 200-day moving average of $4.02. Financially, Endeavour Silver holds a current ratio of 1.39, quick ratio of 1.07, and a debt-to-equity ratio of 0.20. The company's market capitalization stands at approximately $1.22 billion, with a PE ratio of -35.70 and a beta of 1.55.

Endeavour Silver released its quarterly financial results on March 11th, recording earnings of $0.02 per share for the quarter. This surpassed the consensus estimate, which anticipated a loss of $0.01 per share, by $0.03. The reported revenue for the quarter was $42.20 million, falling short of analyst expectations of $69.90 million. The company's return on equity was noted to be positive at 0.97%, although the net margin was negative at 13.04%.

Institutional Investment Activity

In the latest updates on institutional investments, several hedge funds have adjusted their positions regarding Endeavour Silver. For instance, Schroder Investment Management Group acquired a new stake valued at approximately $36,000 in the fourth quarter. Alpha Cubed Investments LLC and Point72 Asia Singapore Pte. Ltd. also entered new positions worth around $37,000 and $43,000, respectively, during the same quarter. Moreover, Farringdon Capital Ltd. and Oxford Asset Management LLP acquired positions valued at about $55,000 and $57,000, respectively. Presently, institutional investors and hedge funds collectively own about 20.06% of Endeavour Silver’s stock.

Endeavour Silver Company Overview

Endeavour Silver Corp. is a mining company that specializes in silver acquisitions, exploration, development, extraction, processing, refining, and reclamation of mineral properties based in Chile and the United States. The company primarily seeks deposits of silver and gold.

Conclusion

The recent outlook from Ventum Capital Markets reflects a cautious perspective regarding Endeavour Silver's future earnings. Investors remain attentive to both the company's performance and the market conditions impacting its operations.

Earnings, Investment, Mining