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

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

EXK has been the topic of several other research reports. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research report on Wednesday, November 13th. TD Securities assumed coverage on shares of Endeavour Silver in a research note on Friday, November 29th. They issued a "buy" rating for the company. Finally, HC Wainwright decreased their target price on shares of Endeavour Silver from $7.25 to $7.00 and set a "buy" rating on the stock in a research report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $6.56.

Endeavour Silver Price Performance

NYSE EXK traded up $0.02 during trading on Friday, hitting $3.62. 8,986,331 shares of the stock traded hands, compared to its average volume of 9,428,343. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Endeavour Silver has a 12-month low of $1.71 and a 12-month high of $5.67. The firm has a 50-day simple moving average of $3.78 and a 200-day simple moving average of $3.99. The company has a market capitalization of $948.30 million, a P/E ratio of -27.81 and a beta of 1.63.

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Institutional Investors Weigh In On Endeavour Silver

Hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC boosted its stake in shares of Endeavour Silver by 1.0% during the 4th quarter. LPL Financial LLC now owns 282,520 shares of the mining company's stock worth $1,034,000 after purchasing an additional 2,661 shares during the period. Vident Advisory LLC lifted its stake in Endeavour Silver by 2.8% in the fourth quarter. Vident Advisory LLC now owns 235,043 shares of the mining company's stock worth $860,000 after purchasing an additional 6,441 shares during the last quarter. Cantor Fitzgerald L. P. boosted its position in shares of Endeavour Silver by 33.0% during the fourth quarter. Cantor Fitzgerald L. P. now owns 30,200 shares of the mining company's stock valued at $111,000 after buying an additional 7,500 shares during the period. Blue Trust Inc. grew its stake in shares of Endeavour Silver by 139.6% during the third quarter. Blue Trust Inc. now owns 14,400 shares of the mining company's stock valued at $57,000 after buying an additional 8,389 shares during the last quarter. Finally, Swiss National Bank grew its position in Endeavour Silver by 2.1% in the 4th quarter. Swiss National Bank now owns 485,900 shares of the mining company's stock valued at $1,781,000 after acquiring an additional 9,800 shares during the last quarter. Hedge funds and other institutional investors own 20.06% of the company's stock.

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.