Shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) have been given an average recommendation of “Hold” by the fourteen research firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $5.88.

A number of research analysts have commented on the company. HC Wainwright reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Endeavour Silver Corporation in a report on Tuesday, July 4th. Zacks Investment Research raised Endeavour Silver Corporation from a “hold” rating to a “strong-buy” rating and set a $3.50 price objective on the stock in a report on Tuesday, July 4th. TheStreet raised Endeavour Silver Corporation from a “d” rating to a “c-” rating in a report on Tuesday, May 30th. Canaccord Genuity assumed coverage on Endeavour Silver Corporation in a report on Thursday, September 7th. They issued a “hold” rating on the stock. Finally, BidaskClub lowered Endeavour Silver Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 6th.

Hedge funds have recently made changes to their positions in the stock. UBS Group AG lifted its position in shares of Endeavour Silver Corporation by 16.0% during the 1st quarter. UBS Group AG now owns 742,981 shares of the mining company’s stock worth $2,363,000 after buying an additional 102,656 shares during the last quarter. Sprott Inc. lifted its position in shares of Endeavour Silver Corporation by 38.5% during the 2nd quarter. Sprott Inc. now owns 693,316 shares of the mining company’s stock worth $2,115,000 after buying an additional 192,557 shares during the last quarter. Global X Management Co. LLC lifted its position in shares of Endeavour Silver Corporation by 15.2% during the 1st quarter. Global X Management Co. LLC now owns 1,510,720 shares of the mining company’s stock worth $4,804,000 after buying an additional 199,276 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Endeavour Silver Corporation by 912.4% during the 1st quarter. Bank of Montreal Can now owns 112,460 shares of the mining company’s stock worth $358,000 after buying an additional 101,352 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Endeavour Silver Corporation by 0.5% during the 1st quarter. Renaissance Technologies LLC now owns 5,476,800 shares of the mining company’s stock worth $17,416,000 after buying an additional 29,500 shares during the last quarter. Institutional investors and hedge funds own 25.13% of the company’s stock.

Shares of Endeavour Silver Corporation (NYSE:EXK) opened at 2.47 on Friday. Endeavour Silver Corporation has a 1-year low of $2.08 and a 1-year high of $5.84. The firm has a market cap of $314.82 million and a P/E ratio of 48.43. The firm’s 50-day moving average is $2.43 and its 200-day moving average is $2.94.

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Endeavour Silver Corporation Company Profile

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.

Analyst Recommendations for Endeavour Silver Corporation (NYSE:EXK)

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