Endeavour Silver Corporation (NYSE:EXK) Has Increase in Shorts
- Author: Zachary Reyes May 25, 2017,
May 25, 2017, 19:46
National Bank Financial reiterated a "sec perform spec market wgt" rating on shares of Endeavour Silver Corp in a report on Thursday, March 2nd. The firm now has $3.25 price target on the mining company's stock. Taking a look back at some historical performance numbers for Endeavour Silver Corp.
First Majestic Silver Corp.is a mining company. Endeavour stands out from other silver mining companies for the strong organic growth potential of its core assets, its high silver grades and leverage, the substantial exploration upside of its Mexican mining properties, and the significant under-utilized capacities of the Guanacevi and Bolanitos plants. Analysts reported that the Price Target for First Majestic Silver Corp. might touch $12.27 high while the Average Price Target and Low price Target is $10.22 and $7.57 respectively. The company has a consensus rating of "Hold" and a consensus target price of $15.40.
Now the P/E of First Majestic Silver Corp. stands at 177.8.
General Motors Company was covered by a number of analysts recently, 0 rated the stock as Buy, 3 rated Outperform, 4 rated Hold, 1 gave an Underperform and 0 rated sell. However, most financial instruments are traded after hours which mean that the closing price of a stock might not match the after-hours price. Endeavour Silver Corp shares last traded at $2.90, with a volume of 3,632,790 shares traded. With 2.20 million shares average volume, it will take short sellers 2 days to cover their EXK's short positions. The company has a 50-day moving average of $4.26 and a 200-day moving average of $4.91.
The price/earnings ratio (P/E) is 181.60 and the forward P/E ratio stands at 34.92. During the same period past year, the firm posted ($0.02) earnings per share. Endeavour Silver Corp.'s ROE is 8.04%, while industry's is 0.27%. Its revenue totaled $33.5 million up 16.93% from the previous quarter.
Endeavour Silver Corp. has a consensus hold rating from 8 Wall Street analysts, and the number of shares now sold short amount to at least 5.72% of shares outstanding. If you are reading this piece on another domain, it was stolen and reposted in violation of US and global trademark and copyright law. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Endeavour Silver Corp by 2.4% in the third quarter. The net percent change held by Institutional Investors has seen a change of -14.50% in last three month period. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/05/24/first-majestic-silver-corp-ag-stock-rating-reaffirmed-by-scotiabank-updated.html. Van ECK Associates Corp now owns 20,341,055 shares of the mining company's stock worth $64,685,000 after buying an additional 4,989,578 shares during the last quarter. Stevens Capital Management LP purchased a new position in shares of First Majestic Silver Corp during the third quarter valued at about $120,000. The price index of Endeavour Silver Corp. Finally, Renaissance Technologies LLC raised its position in Endeavour Silver Corp by 7.9% in the fourth quarter. The company rocked its 52-Week High of $5.95 and touched its 52-Week Low of $2.76.
TRADEMARK VIOLATION WARNING: "First Majestic Silver Corp (AG) Getting Very Favorable News Coverage, AlphaOne Reports" was first posted by Markets Daily and is owned by of Markets Daily.
CIT Group Inc. (NYSE:CIT) have shown a low EPS growth of -7.93% in the last 5 years and has earnings growth of 27.40% yoy. The Firm is engaged in exploration activities in Chile.