Endeavour Silver (NYSE:EXK) Upgraded to "Sell" at StockNews.com

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR was upgraded by research analysts at StockNews.com to a "sell" rating in a report released on Wednesday.

A number of other equities research analysts also recently commented on EXK. Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a report on Wednesday, November 13th. HC Wainwright cut their price objective on shares of Endeavour Silver from $7.25 to $7.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Alliance Global Partners raised their target price on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. Finally, TD Securities initiated coverage on shares of Endeavour Silver in a report on Friday, November 29th. They issued a "buy" rating on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $6.56.

Endeavour Silver Stock Performance

Shares of NYSE:EXK traded down $0.15 on Wednesday, hitting $4.05. 12,719,617 shares of the company were exchanged, compared to its average volume of 8,737,711. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. The stock's 50 day moving average price is $3.81 and its 200 day moving average price is $3.93. Endeavour Silver has a 1-year low of $1.42 and a 1-year high of $5.67. The firm has a market capitalization of $1.06 billion, a P/E ratio of -31.12 and a beta of 1.63.

Institutional Investors Weigh In On Endeavour Silver

Hedge funds have recently modified their holdings of the company. Orion Resource Partners LP acquired a new stake in Endeavour Silver in the fourth quarter valued at approximately $300,000. Parvin Asset Management LLC purchased a new position in shares of Endeavour Silver during the 4th quarter valued at approximately $109,000. Tudor Investment Corp ET AL grew its stake in Endeavour Silver by 781.2% in the 4th quarter. Tudor Investment Corp ET AL now owns 861,319 shares of the mining company's stock valued at $3,152,000 after acquiring an additional 763,575 shares during the period. Oxford Asset Management LLP purchased a new stake in Endeavour Silver in the 4th quarter worth $57,000. Finally, Two Sigma Securities LLC acquired a new position in Endeavour Silver during the fourth quarter worth $85,000. 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.