Endeavour Silver (NYSE:EXK) (TSE:EDR)‘s stock had its “buy” rating restated by investment analysts at HC Wainwright in a research note issued on Thursday. They currently have a $6.00 price target on the mining company’s stock. HC Wainwright’s price target indicates a potential upside of 144.90% from the company’s current price.

Several other brokerages also recently commented on EXK. BMO Capital Markets started coverage on shares of Endeavour Silver in a report on Friday, November 17th. They set a “market perform” rating on the stock. Zacks Investment Research downgraded shares of Endeavour Silver from a “hold” rating to a “strong sell” rating in a report on Thursday, October 12th. ValuEngine downgraded shares of Endeavour Silver from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Finally, Noble Financial reiterated a “buy” rating on shares of Endeavour Silver in a report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $4.94.

Shares of Endeavour Silver (NYSE EXK) opened at $2.45 on Thursday. The company has a market cap of $313.50, a P/E ratio of 122.50 and a beta of -0.15. Endeavour Silver has a fifty-two week low of $1.94 and a fifty-two week high of $4.90.

A number of hedge funds have recently added to or reduced their stakes in EXK. Van ECK Associates Corp boosted its position in Endeavour Silver by 11.2% during the third quarter. Van ECK Associates Corp now owns 9,370,190 shares of the mining company’s stock worth $22,301,000 after purchasing an additional 944,317 shares during the period. Ninepoint Partners LP bought a new stake in shares of Endeavour Silver in the third quarter valued at about $1,924,000. ETF Managers Group LLC bought a new stake in shares of Endeavour Silver in the second quarter valued at about $2,361,000. Goldman Sachs Group Inc. boosted its position in shares of Endeavour Silver by 666.6% in the second quarter. Goldman Sachs Group Inc. now owns 335,238 shares of the mining company’s stock valued at $1,023,000 after acquiring an additional 291,507 shares during the period. Finally, Global X MANAGEMENT CO LLC boosted its position in shares of Endeavour Silver by 8.2% in the third quarter. Global X MANAGEMENT CO LLC now owns 1,617,297 shares of the mining company’s stock valued at $3,849,000 after acquiring an additional 122,180 shares during the period. 23.24% of the stock is owned by hedge funds and other institutional investors.

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Endeavour Silver Company Profile

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in 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.

Analyst Recommendations for Endeavour Silver (NYSE:EXK)

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