Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) received a $6.00 target price from analysts at HC Wainwright in a note issued to investors on Thursday. The firm currently has a “buy” rating on the mining company’s stock. HC Wainwright’s price target indicates a potential upside of 189.86% from the company’s previous close.

Other analysts also recently issued reports about the stock. Noble Financial restated a “buy” rating on shares of Endeavour Silver Corp. in a research report on Friday, August 4th. Canaccord Genuity initiated coverage on shares of Endeavour Silver Corp. in a research report on Thursday, September 7th. They set a “hold” rating on the stock. Zacks Investment Research upgraded shares of Endeavour Silver Corp. from a “strong sell” rating to a “hold” rating in a research report on Friday, October 20th. Finally, BidaskClub downgraded shares of Endeavour Silver Corp. from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $4.94.

Shares of Endeavour Silver Corp. (NYSE EXK) traded up $0.01 during mid-day trading on Thursday, hitting $2.07. 851,492 shares of the stock traded hands, compared to its average volume of 2,160,000. The company has a market cap of $263.62, a P/E ratio of 102.50 and a beta of -0.14. Endeavour Silver Corp. has a 12-month low of $1.94 and a 12-month high of $4.90.

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Several large investors have recently modified their holdings of EXK. Bank of Montreal Can grew its stake in shares of Endeavour Silver Corp. by 1,730.2% in the 2nd quarter. Bank of Montreal Can now owns 2,058,260 shares of the mining company’s stock worth $6,278,000 after buying an additional 1,945,800 shares in the last quarter. Pacad Investment Ltd. grew its stake in shares of Endeavour Silver Corp. 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 buying an additional 35,900 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of Endeavour Silver Corp. 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 buying an additional 1,925 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Endeavour Silver Corp. by 666.6% in the 2nd 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 in the last quarter. Finally, ETF Managers Group LLC purchased a new position in shares of Endeavour Silver Corp. in the 2nd quarter worth $2,361,000. 24.96% of the stock is owned by institutional investors and hedge funds.

About Endeavour Silver Corp.

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 Corp. (NYSE:EXK)

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