Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) has been given an average recommendation of “Hold” by the eleven ratings firms that are currently covering the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $5.83.

A number of brokerages have commented on EXK. National Bank Financial began coverage on Endeavour Silver Corp. in a research note on Thursday, September 8th. They set a “sector perform” rating on the stock. RBC Capital Markets restated a “sector perform” rating and set a $7.75 price objective on shares of Endeavour Silver Corp. in a research note on Friday, September 9th. Zacks Investment Research raised Endeavour Silver Corp. from a “hold” rating to a “buy” rating and set a $6.00 target price on the stock in a research report on Monday, August 8th. TD Securities reaffirmed a “hold” rating and set 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 reaffirmed an “underperform” rating and set a $6.00 target price (up from $5.50) on shares of Endeavour Silver Corp. in a research report on Wednesday, October 5th.

Shares of Endeavour Silver Corp. (NYSE:EXK) traded down 4.40% during mid-day trading on Wednesday, hitting $3.91. The company had a trading volume of 1,502,648 shares. Endeavour Silver Corp. has a 52-week low of $1.00 and a 52-week high of $5.95. The stock’s market cap is $496.88 million. The stock’s 50-day moving average is $4.53 and its 200-day moving average is $4.41.

Endeavour Silver Corp. (NYSE:EXK) last issued its quarterly earnings data on Thursday, November 3rd. The mining company reported $0.04 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.04. Endeavour Silver Corp. had a positive return on equity of 7.83% and a negative net margin of 74.40%. Equities analysts forecast that Endeavour Silver Corp. will post $0.10 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in the stock. Alps Advisors Inc. purchased a new stake in shares of Endeavour Silver Corp. during the second quarter valued at $3,291,000. A.R.T. Advisors LLC raised its stake in shares of Endeavour Silver Corp. by 250.9% in the first quarter. A.R.T. Advisors LLC now owns 207,543 shares of the mining company’s stock valued at $510,000 after buying an additional 148,400 shares in the last quarter. National Planning Corp raised its stake in shares of Endeavour Silver Corp. by 0.8% in the second quarter. National Planning Corp now owns 254,329 shares of the mining company’s stock valued at $1,300,000 after buying an additional 2,047 shares in the last quarter. Penserra Capital Management LLC purchased a new stake in shares of Endeavour Silver Corp. during the second quarter valued at $2,007,000. Finally, Global X Management Co. LLC raised 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 in the last quarter. 23.20% of the stock is owned by hedge funds and other 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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