Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR)’s stock price rose 6.1% during trading on Tuesday . The company traded as high as $5.39 and last traded at $5.39. Approximately 132,164 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 5,231,987 shares. The stock had previously closed at $5.08.

Several research firms have recently issued reports on EXK. Roth Capital lifted their price objective on shares of Endeavour Silver from $5.75 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, February 4th. Zacks Investment Research raised Endeavour Silver from a “sell” rating to a “hold” rating in a report on Tuesday, March 23rd. BMO Capital Markets upped their price objective on Endeavour Silver from $5.75 to $6.00 and gave the stock a “market perform” rating in a research report on Friday, February 5th. CIBC cut their target price on Endeavour Silver from $7.75 to $7.25 and set a “neutral” rating on the stock in a research report on Monday, February 8th. Finally, Alliance Global Partners upped their price target on Endeavour Silver from $6.00 to $6.75 and gave the company a “buy” rating in a report on Tuesday, March 2nd. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $6.16.

The firm has a market capitalization of $818.04 million, a PE ratio of -19.77 and a beta of 1.55. The company has a current ratio of 2.92, a quick ratio of 2.29 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average price of $5.69 and a two-hundred day moving average price of $4.47.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings results on Sunday, February 28th. The mining company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.06 by $0.08. The company had revenue of $60.70 million for the quarter, compared to analyst estimates of $49.51 million. Endeavour Silver had a negative return on equity of 22.17% and a negative net margin of 32.64%. As a group, equities research analysts predict that Endeavour Silver Corp. will post 0.05 earnings per share for the current year.

Several institutional investors have recently made changes to their positions in EXK. Raymond James & Associates acquired a new stake in Endeavour Silver during the 3rd quarter worth $68,000. Capital Investment Advisory Services LLC purchased a new stake in shares of Endeavour Silver in the fourth quarter valued at about $75,000. Morgan Stanley raised its holdings in shares of Endeavour Silver by 161.3% in the third quarter. Morgan Stanley now owns 1,221,499 shares of the mining company’s stock valued at $4,287,000 after buying an additional 754,042 shares during the last quarter. Toronto Dominion Bank boosted its stake in shares of Endeavour Silver by 19.4% during the fourth quarter. Toronto Dominion Bank now owns 15,401 shares of the mining company’s stock worth $78,000 after buying an additional 2,505 shares during the period. Finally, UBS Asset Management Americas Inc. grew its holdings in shares of Endeavour Silver by 21.1% during the third quarter. UBS Asset Management Americas Inc. now owns 144,291 shares of the mining company’s stock worth $506,000 after buying an additional 25,100 shares during the last quarter. 17.37% of the stock is currently owned by institutional investors and hedge funds.

About Endeavour Silver (NYSE:EXK)

Endeavour Silver Corp., a mid-tier precious metals 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 and silver 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 Compas mine in Zacatecas.

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