Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR)‘s stock had its “buy” rating reiterated by equities research analysts at Noble Financial in a report issued on Wednesday.

EXK has been the subject of several other reports. HC Wainwright reissued a “buy” rating and issued a $6.00 price objective on shares of Endeavour Silver Corporation in a research report on Thursday, August 31st. BidaskClub cut shares of Endeavour Silver Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. ValuEngine cut shares of Endeavour Silver Corporation from a “hold” rating to a “sell” rating in a research report on Friday, June 16th. Zacks Investment Research cut shares of Endeavour Silver Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Finally, Canaccord Genuity initiated coverage on shares of Endeavour Silver Corporation in a research report on Thursday, September 7th. They issued a “hold” rating for the company. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $5.25.

Endeavour Silver Corporation (NYSE EXK) traded down 1.56% during trading on Wednesday, reaching $2.53. 1,298,109 shares of the company were exchanged. Endeavour Silver Corporation has a 1-year low of $2.08 and a 1-year high of $5.07. The company’s 50-day moving average price is $2.47 and its 200-day moving average price is $2.82. The stock has a market capitalization of $322.46 million, a P/E ratio of 49.61 and a beta of -0.05.

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Several institutional investors and hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC lifted its position in shares of Endeavour Silver Corporation by 5.5% in the 2nd quarter. HighTower Advisors LLC now owns 37,200 shares of the mining company’s stock worth $115,000 after purchasing an additional 1,925 shares during the period. Renaissance Technologies LLC lifted its position in shares of Endeavour Silver Corporation by 0.5% in the 1st quarter. Renaissance Technologies LLC now owns 5,476,800 shares of the mining company’s stock worth $17,416,000 after purchasing an additional 29,500 shares during the period. Pacad Investment Ltd. lifted its position in shares of Endeavour Silver Corporation by 94.0% in the 2nd quarter. Pacad Investment Ltd. now owns 74,090 shares of the mining company’s stock worth $226,000 after purchasing an additional 35,900 shares during the period. Dynamic Technology Lab Private Ltd lifted its position in shares of Endeavour Silver Corporation by 247.7% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 126,983 shares of the mining company’s stock worth $387,000 after purchasing an additional 90,461 shares during the period. Finally, UBS Group AG lifted its position in shares of Endeavour Silver Corporation by 16.0% in the 1st quarter. UBS Group AG now owns 742,981 shares of the mining company’s stock worth $2,363,000 after purchasing an additional 102,656 shares during the period. 25.09% of the stock is owned by hedge funds and other institutional investors.

About Endeavour Silver Corporation

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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