Endeavour Silver (NYSE:EXK) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Endeavour Silver (NYSE:EXK) (TSE:EDR) to a sell rating in a research report sent to investors on Wednesday morning.

Other equities analysts also recently issued research reports about the stock. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a report on Wednesday, November 13th. HC Wainwright reduced their target price on shares of Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a research note on Friday, January 10th. Alliance Global Partners raised their price target on shares of Endeavour Silver from $5.25 to $6.25 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, TD Securities started coverage on Endeavour Silver in a research report on Friday, November 29th. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $6.56.

Endeavour Silver Trading Up 5.6 %

NYSE:EXK opened at $4.15 on Wednesday. The firm has a market capitalization of $1.09 billion, a P/E ratio of -31.92 and a beta of 1.63. The business has a 50 day simple moving average of $3.81 and a 200 day simple moving average of $3.93. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. Endeavour Silver has a 12-month low of $1.42 and a 12-month high of $5.67.

Institutional Trading of Endeavour Silver

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Schroder Investment Management Group acquired a new position in shares of Endeavour Silver during the fourth quarter valued at approximately $36,000. Alpha Cubed Investments LLC bought a new position in Endeavour Silver during the 4th quarter valued at $37,000. Blue Trust Inc. increased its position in shares of Endeavour Silver by 139.6% during the 3rd quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock valued at $57,000 after purchasing an additional 8,389 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Endeavour Silver in the 4th quarter worth $73,000. Finally, Virtu Financial LLC acquired a new stake in shares of Endeavour Silver in the third quarter valued at $80,000. 20.06% of the stock is currently owned by institutional investors.

Endeavour Silver Company Profile

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.