HC Wainwright restated their buy rating on shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in a research report released on Friday. The firm currently has a $6.00 price target on the mining company’s stock.
EXK has been the subject of several other reports. BidaskClub cut shares of Endeavour Silver Corporation from a hold rating to a sell rating in a research report on Thursday, July 6th. Zacks Investment Research upgraded shares of Endeavour Silver Corporation from a strong sell rating to a hold rating in a research report on Friday, October 20th. Canaccord Genuity assumed coverage on shares of Endeavour Silver Corporation in a research report on Thursday, September 7th. They set a hold rating for the company. Finally, Noble Financial reiterated a buy rating on shares of Endeavour Silver Corporation in a research report on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The company has an average rating of Hold and a consensus target price of $5.25.
Endeavour Silver Corporation (NYSE EXK) traded up $0.10 on Friday, hitting $2.18. 859,071 shares of the stock traded hands, compared to its average volume of 2,051,380. Endeavour Silver Corporation has a 52 week low of $1.94 and a 52 week high of $5.07. The firm has a market capitalization of $263.83, a PE ratio of 103.50 and a beta of -0.13.
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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Global X MANAGEMENT CO LLC boosted its stake in Endeavour Silver Corporation by 8.2% during the third quarter. Global X MANAGEMENT CO LLC now owns 1,617,297 shares of the mining company’s stock worth $3,849,000 after acquiring an additional 122,180 shares in the last quarter. Dynamic Technology Lab Private Ltd lifted its stake in shares of Endeavour Silver Corporation by 247.7% in the second 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 in the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Endeavour Silver Corporation in the second quarter valued at $361,000. ETF Managers Group LLC bought a new position in shares of Endeavour Silver Corporation in the second quarter valued at $2,361,000. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Endeavour Silver Corporation by 666.6% in the second quarter. Goldman Sachs Group Inc. now owns 335,238 shares of the mining company’s stock valued at $1,023,000 after buying an additional 291,507 shares in the last quarter. 24.76% of the stock is currently owned by institutional investors and hedge funds.
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.
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