Analysts Set Endeavour Silver Corp. (NYSE:EXK) Target Price at $6.56

Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR has been assigned an average recommendation of "Buy" from the six ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $6.56.

A number of equities analysts have recently commented on EXK shares. TD Securities started coverage on shares of Endeavour Silver in a report on Friday, November 29th. They issued a "buy" rating on the stock. StockNews.com raised shares of Endeavour Silver to a "sell" rating in a research report on Wednesday, February 12th. HC Wainwright dropped their price target on shares of Endeavour Silver from $7.25 to $7.00 and set a "buy" rating for the company in a research report on Friday, January 10th. Finally, Ventum Cap Mkts raised shares of Endeavour Silver to a "strong-buy" rating in a research report on Wednesday, November 13th.

Endeavour Silver Price Performance

Endeavour Silver stock traded down $0.34 during midday trading on Thursday, reaching $3.84. 13,839,342 shares of the stock were exchanged, compared to its average volume of 9,074,932. The company's fifty day moving average is $3.79 and its 200-day moving average is $3.93. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39. The firm has a market cap of $1.01 billion, a PE ratio of -29.50 and a beta of 1.63. Endeavour Silver has a 52 week low of $1.42 and a 52 week high of $5.67.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Quest Partners LLC purchased a new position in Endeavour Silver during the 3rd quarter valued at about $964,000. Van ECK Associates Corp increased its stake in Endeavour Silver by 2.7% during the 3rd quarter. Van ECK Associates Corp now owns 25,125,455 shares of the mining company's stock valued at $98,994,000 after purchasing an additional 658,215 shares in the last quarter. Barclays PLC increased its stake in Endeavour Silver by 1,730,033.3% during the 3rd quarter. Barclays PLC now owns 51,904 shares of the mining company's stock valued at $205,000 after purchasing an additional 51,901 shares in the last quarter. Geode Capital Management LLC increased its stake in Endeavour Silver by 9.9% during the 3rd quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company's stock valued at $460,000 after purchasing an additional 10,543 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its stake in Endeavour Silver by 16.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 137,300 shares of the mining company's stock valued at $556,000 after purchasing an additional 19,200 shares in the last quarter. 20.06% of the stock is owned by hedge funds and other 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.