Wall Street Zen downgraded Endeavour Silver Corp. from a buy to a hold rating on Saturday. This adjustment contributes to a mixed analyst outlook for the company. Zacks Research recently upgraded the stock to hold, while HC Wainwright reaffirmed a buy rating.
Endeavour Silver reported quarterly earnings of $0.21 per share. This figure significantly beat the consensus estimate of $0.10 per share. Quarterly revenue reached $209.70 million, surpassing analyst expectations.
The new hold rating from Wall Street Zen suggests a cautious outlook on the stock's near-term potential. This stance follows a period of strong financial performance for the silver producer.