Endeavour Silver Corp (NYSE:EXK) (TSE:EDR) has been given a consensus recommendation of “Buy” by the seven analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $2.75.

A number of research analysts have weighed in on EXK shares. HC Wainwright set a $3.00 price objective on shares of Endeavour Silver and gave the company a “buy” rating in a research report on Thursday, July 11th. ValuEngine upgraded shares of Endeavour Silver from a “hold” rating to a “buy” rating in a research report on Wednesday, July 17th. Noble Financial reiterated a “hold” rating on shares of Endeavour Silver in a research report on Sunday, June 23rd. Finally, Zacks Investment Research upgraded shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 25th.

EXK stock traded down $0.14 during mid-day trading on Friday, reaching $2.41. 2,555,800 shares of the stock traded hands, compared to its average volume of 3,665,021. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.57 and a current ratio of 3.28. Endeavour Silver has a one year low of $1.68 and a one year high of $2.86. The stock has a market capitalization of $350.56 million, a PE ratio of -26.78 and a beta of 0.22. The business has a 50-day moving average price of $2.26 and a two-hundred day moving average price of $2.23.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC grew its holdings in shares of Endeavour Silver by 18.4% in the second quarter. Renaissance Technologies LLC now owns 6,685,225 shares of the mining company’s stock worth $13,705,000 after purchasing an additional 1,040,000 shares during the last quarter. Morgan Stanley grew its holdings in shares of Endeavour Silver by 27.5% in the second quarter. Morgan Stanley now owns 3,128,492 shares of the mining company’s stock worth $6,413,000 after purchasing an additional 674,739 shares during the last quarter. Millennium Management LLC bought a new position in shares of Endeavour Silver in the fourth quarter worth about $1,977,000. ETF Managers Group LLC grew its holdings in shares of Endeavour Silver by 15.8% in the second quarter. ETF Managers Group LLC now owns 768,634 shares of the mining company’s stock worth $1,568,000 after purchasing an additional 104,716 shares during the last quarter. Finally, Sprott Inc. grew its holdings in shares of Endeavour Silver by 27.5% in the second quarter. Sprott Inc. now owns 759,100 shares of the mining company’s stock worth $2,045,000 after purchasing an additional 163,600 shares during the last quarter. Hedge funds and other institutional investors own 18.43% of the company’s stock.

About Endeavour Silver

Endeavour Silver Corp., a mid-tier silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mining properties in Mexico and Chile. The company also explores for gold deposits and precious metals. The company has interests in three producing silver-gold mines in Mexico, including the Guanaceví mine in Durango; the Bolañitos mine in Guanajuato; and the El Cubo mine in Guanajuato.

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