GMP Securities upgraded shares of Endeavour Silver Corp. (NYSE:EXK) from a hold rating to a buy rating in a research note released on Monday.

A number of other research firms also recently weighed in on EXK. National Bank Financial assumed coverage on Endeavour Silver Corp. in a research report on Thursday, September 8th. They issued a sector perform rating for the company. RBC Capital Markets restated a sector perform rating and issued a $7.75 target price on shares of Endeavour Silver Corp. in a research report on Friday, September 9th. Zacks Investment Research upgraded Endeavour Silver Corp. from a hold rating to a buy rating and set a $6.00 target price for the company in a research report on Monday, August 8th. TD Securities restated a hold rating and issued a $6.50 target price (up from $5.50) on shares of Endeavour Silver Corp. in a research report on Thursday, August 4th. Finally, CIBC restated an underperform rating and issued a $6.00 target price (up from $5.50) on shares of Endeavour Silver Corp. in a research report on Wednesday, October 5th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of $4.38.

Endeavour Silver Corp. (NYSE:EXK) traded up 1.17% during mid-day trading on Monday, reaching $4.33. The company had a trading volume of 347,207 shares. Endeavour Silver Corp. has a 52 week low of $1.00 and a 52 week high of $5.95. The stock’s market capitalization is $544.03 million. The stock has a 50 day moving average of $4.83 and a 200 day moving average of $4.24.

Hedge funds have recently made changes to their positions in the stock. Van ECK Associates Corp increased its stake in shares of Endeavour Silver Corp. by 43.1% in the second quarter. Van ECK Associates Corp now owns 11,827,129 shares of the mining company’s stock valued at $46,717,000 after buying an additional 3,561,512 shares during the period. Canada Pension Plan Investment Board increased its stake in shares of Endeavour Silver Corp. by 7.6% in the first quarter. Canada Pension Plan Investment Board now owns 1,561,200 shares of the mining company’s stock valued at $3,850,000 after buying an additional 109,600 shares during the period. Global X Management Co. LLC increased its stake in shares of Endeavour Silver Corp. by 1.3% in the second quarter. Global X Management Co. LLC now owns 1,467,011 shares of the mining company’s stock valued at $5,795,000 after buying an additional 18,499 shares during the period. Alps Advisors Inc. purchased a new stake in shares of Endeavour Silver Corp. during the second quarter valued at about $3,291,000. Finally, Penserra Capital Management LLC purchased a new stake in shares of Endeavour Silver Corp. during the second quarter valued at about $2,007,000. 23.62% of the stock is currently owned by institutional investors.

About Endeavour Silver Corp.

Endeavour Silver Corp. is a mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of metal properties in Mexico and 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.

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