Shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) have been given a consensus rating of “Hold” by the thirteen ratings firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $5.83.

A number of research firms have weighed in on EXK. HC Wainwright reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Endeavour Silver Corporation in a research note on Wednesday. Canaccord Genuity began coverage on shares of Endeavour Silver Corporation in a research report on Thursday, September 7th. They set a “hold” rating on the stock. BidaskClub lowered shares of Endeavour Silver Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Noble Financial reissued a “buy” rating on shares of Endeavour Silver Corporation in a research report on Friday, August 4th. Finally, Zacks Investment Research lowered shares of Endeavour Silver Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 18th.

Shares of Endeavour Silver Corporation (NYSE:EXK) opened at 2.57 on Thursday. The company has a 50-day moving average of $2.46 and a 200 day moving average of $2.83. Endeavour Silver Corporation has a 52-week low of $2.08 and a 52-week high of $5.07. The company has a market capitalization of $327.56 million, a PE ratio of 50.39 and a beta of -0.05.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. HighTower Advisors LLC increased its holdings in Endeavour Silver Corporation by 5.5% during the second quarter. HighTower Advisors LLC now owns 37,200 shares of the mining company’s stock worth $115,000 after buying an additional 1,925 shares during the last quarter. Pacad Investment Ltd. increased its holdings in Endeavour Silver Corporation by 94.0% during the second quarter. Pacad Investment Ltd. now owns 74,090 shares of the mining company’s stock worth $226,000 after buying an additional 35,900 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Endeavour Silver Corporation during the second quarter worth about $361,000. Dynamic Technology Lab Private Ltd increased its holdings in Endeavour Silver Corporation by 247.7% during the second quarter. Dynamic Technology Lab Private Ltd now owns 126,983 shares of the mining company’s stock worth $387,000 after buying an additional 90,461 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in 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 worth $1,023,000 after buying an additional 291,507 shares during the last quarter. Institutional investors and hedge funds own 25.09% of the company’s stock.

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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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