Endeavour Silver (EXK) Downgraded by ValuEngine

ValuEngine lowered shares of Endeavour Silver (NYSE:EXK) (TSE:EDR) from a hold rating to a sell rating in a research report released on Sunday.

A number of other analysts have also recently weighed in on EXK. Noble Financial reaffirmed a buy rating on shares of Endeavour Silver in a research report on Wednesday, October 11th. HC Wainwright reaffirmed a buy rating and set a $6.00 price objective on shares of Endeavour Silver in a research report on Wednesday, October 11th. Canaccord Genuity began coverage on Endeavour Silver in a research report on Thursday, September 7th. They set a hold rating for the company. BMO Capital Markets began coverage on Endeavour Silver in a research report on Friday, November 17th. They set a market perform rating for the company. Finally, Zacks Investment Research cut Endeavour Silver from a hold rating to a strong sell rating in a research report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $4.94.

Shares of Endeavour Silver (EXK) opened at $2.51 on Friday. Endeavour Silver has a 1 year low of $1.94 and a 1 year high of $4.90. The firm has a market capitalization of $319.83, a P/E ratio of 125.50 and a beta of -0.15.

Several institutional investors and hedge funds have recently bought and sold shares of EXK. Van ECK Associates Corp lifted its holdings in shares of Endeavour Silver by 11.2% in the 3rd quarter. Van ECK Associates Corp now owns 9,370,190 shares of the mining company’s stock valued at $22,301,000 after buying an additional 944,317 shares during the period. Ninepoint Partners LP acquired a new stake in shares of Endeavour Silver in the 3rd quarter valued at approximately $1,924,000. ETF Managers Group LLC acquired a new stake in shares of Endeavour Silver in the 2nd quarter valued at approximately $2,361,000. Goldman Sachs Group Inc. lifted its holdings in shares of Endeavour Silver by 666.6% in the 2nd 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 during the period. Finally, Global X MANAGEMENT CO LLC lifted its holdings in shares of Endeavour Silver by 8.2% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 1,617,297 shares of the mining company’s stock valued at $3,849,000 after buying an additional 122,180 shares during the period. 23.24% of the stock is owned by institutional investors and hedge funds.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Endeavour Silver (NYSE:EXK)

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