Endeavour Silver (NYSE:EXK) (TSE:EDR)‘s stock had its “buy” rating reaffirmed by research analysts at Noble Financial in a note issued to investors on Thursday.

Several other analysts have also recently issued reports on EXK. HC Wainwright reaffirmed a “buy” rating and set a $6.00 price objective on shares of Endeavour Silver in a research note on Friday, November 3rd. Zacks Investment Research raised shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research note on Friday, October 20th. BMO Capital Markets started coverage on shares of Endeavour Silver in a research note on Friday, November 17th. They set a “market perform” rating for the company. Finally, ValuEngine cut shares of Endeavour Silver from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $4.94.

Endeavour Silver (NYSE:EXK) traded up $0.13 on Thursday, hitting $2.63. 1,612,084 shares of the company traded hands, compared to its average volume of 1,528,453. Endeavour Silver has a 52-week low of $1.94 and a 52-week high of $4.90. The firm has a market cap of $334.54, a P/E ratio of 131.50 and a beta of -0.15.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. HighTower Advisors LLC grew its stake in shares of Endeavour Silver by 5.5% in the 2nd quarter. HighTower Advisors LLC now owns 37,200 shares of the mining company’s stock valued at $115,000 after buying an additional 1,925 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Endeavour Silver by 622.8% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 79,556 shares of the mining company’s stock valued at $194,000 after buying an additional 68,550 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Endeavour Silver in the 3rd quarter valued at approximately $226,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Endeavour Silver in the 2nd quarter valued at approximately $361,000. Finally, Dynamic Technology Lab Private Ltd grew its stake in shares of Endeavour Silver by 247.7% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 126,983 shares of the mining company’s stock valued at $387,000 after buying an additional 90,461 shares during the period. 23.24% of the stock is owned by institutional investors.

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Endeavour Silver 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 (NYSE:EXK)

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