HC Wainwright restated their buy rating on shares of Endeavour Silver (NYSE:EXK) (TSE:EDR) in a research report sent to investors on Thursday. They currently have a $6.00 price target on the mining company’s stock.

“Valuation for Guanaceví 181,352 $ HCW estimate Valuation for Bolañitos 177,444 $ HCW estimate Valuation for El Cubo 136,988 $ HCW estimate Valuation for El Compas 14,646 $ HCW estimate Valuation for Terronera 50,000 $ HCW estimate.”,” the firm’s analyst wrote.

A number of other equities analysts have also recently issued reports on EXK. TheStreet cut shares of Endeavour Silver from a c rating to a d+ rating in a research report on Monday. ValuEngine cut shares of Endeavour Silver from a hold rating to a sell rating in a research report on Wednesday, July 11th. Zacks Investment Research cut shares of Endeavour Silver from a hold rating to a strong sell rating in a research report on Friday, May 4th. Finally, Noble Financial set a $5.00 target price on shares of Endeavour Silver and gave the stock a buy rating in a research report on Thursday, July 12th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Endeavour Silver currently has an average rating of Hold and a consensus target price of $5.50.

EXK traded down $0.03 during midday trading on Thursday, reaching $2.26. 11,487 shares of the company’s stock were exchanged, compared to its average volume of 1,010,551. The stock has a market cap of $297.57 million, a P/E ratio of 28.69 and a beta of -0.35. Endeavour Silver has a 1-year low of $1.94 and a 1-year high of $3.35.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Global X Management Co LLC raised its position in Endeavour Silver by 5.2% during the second quarter. Global X Management Co LLC now owns 1,918,087 shares of the mining company’s stock worth $5,984,000 after acquiring an additional 94,233 shares during the last quarter. Raymond James & Associates acquired a new position in Endeavour Silver during the second quarter worth about $406,000. Van ECK Associates Corp raised its position in Endeavour Silver by 2.8% during the second quarter. Van ECK Associates Corp now owns 10,401,422 shares of the mining company’s stock worth $32,452,000 after acquiring an additional 283,099 shares during the last quarter. Alps Advisors Inc. raised its position in Endeavour Silver by 156.9% during the second quarter. Alps Advisors Inc. now owns 717,708 shares of the mining company’s stock worth $2,239,000 after acquiring an additional 438,318 shares during the last quarter. Finally, Sigma Planning Corp raised its position in Endeavour Silver by 44.4% during the second quarter. Sigma Planning Corp now owns 94,906 shares of the mining company’s stock worth $296,000 after acquiring an additional 29,178 shares during the last quarter. Institutional investors own 19.20% of the company’s stock.

About Endeavour Silver

Endeavour Silver Corp., a mid-tier precious metals mining company, engages in the mining, evaluation, acquisition, exploration, development, extraction, processing, refining, and reclamation of silver in Mexico and Chile. The company also explores for gold deposits. It owns interests in the Guanaceví mine located in the Guanaceví district, Durango, Mexico; and the Bolañitos and El Cubo silver-gold mines located in the northern parts of the Guanajuato and La Luz silver districts in the state of Guanajuato, Mexico.

Featured Story: Outstanding Shares

Receive News & Ratings for Endeavour Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavour Silver and related companies with MarketBeat.com's FREE daily email newsletter.