Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR)‘s stock had its “buy” rating restated by research analysts at HC Wainwright in a research note issued to investors on Wednesday. They presently have a $6.00 price target on the mining company’s stock. HC Wainwright’s price objective would indicate a potential upside of 133.46% from the company’s current price.

Other equities analysts have also issued reports about the stock. Zacks Investment Research raised shares of Endeavour Silver Corporation from a “hold” rating to a “strong-buy” rating and set a $3.50 target price on the stock in a research report on Tuesday, July 4th. Canaccord Genuity assumed coverage on shares of Endeavour Silver Corporation in a research note on Thursday, September 7th. They set a “hold” rating on the stock. BidaskClub downgraded shares of Endeavour Silver Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Noble Financial reiterated a “buy” rating on shares of Endeavour Silver Corporation in a research note on Friday, August 4th. Finally, ValuEngine downgraded shares of Endeavour Silver Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 16th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $5.25.

Endeavour Silver Corporation (NYSE:EXK) traded up 0.39% during mid-day trading on Wednesday, reaching $2.57. The company’s stock had a trading volume of 2,022,806 shares. Endeavour Silver Corporation has a one year low of $2.08 and a one year high of $5.07. The stock has a market cap of $327.56 million, a P/E ratio of 50.39 and a beta of -0.05. The firm’s 50 day moving average is $2.45 and its 200-day moving average is $2.83.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in EXK. Bank of Montreal Can boosted its stake in shares of Endeavour Silver Corporation by 1,730.2% during the second quarter. Bank of Montreal Can now owns 2,058,260 shares of the mining company’s stock valued at $6,278,000 after purchasing an additional 1,945,800 shares in the last quarter. ETF Managers Group LLC bought a new position in shares of Endeavour Silver Corporation during the second quarter valued at approximately $2,361,000. Goldman Sachs Group Inc. boosted its stake in shares of Endeavour Silver Corporation by 666.6% during the second quarter. Goldman Sachs Group Inc. now owns 335,238 shares of the mining company’s stock valued at $1,023,000 after purchasing an additional 291,507 shares in the last quarter. Sprott Inc. boosted its stake in shares of Endeavour Silver Corporation by 38.5% during the second quarter. Sprott Inc. now owns 693,316 shares of the mining company’s stock valued at $2,115,000 after purchasing an additional 192,557 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Endeavour Silver Corporation during the second quarter valued at approximately $361,000. Hedge funds and other institutional investors own 25.09% of the company’s stock.

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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