Endeavour Silver (NYSE:EXK – Free Report) (TSE:EDR) had its target price increased by CIBC from $6.00 to $7.00 in a research note issued to investors on Wednesday morning, Benzinga reports. They currently have a neutral rating on the mining company’s stock.
Other equities research analysts have also recently issued reports about the stock. Alliance Global Partners boosted their price target on shares of Endeavour Silver from $4.00 to $5.25 and gave the company a buy rating in a research report on Wednesday. StockNews.com raised shares of Endeavour Silver to a sell rating in a research report on Friday, May 10th. HC Wainwright reissued a buy rating and issued a $6.25 price target on shares of Endeavour Silver in a research report on Wednesday. Finally, BMO Capital Markets began coverage on shares of Endeavour Silver in a report on Monday, June 17th. They issued an outperform rating and a $6.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of $5.90.
Endeavour Silver Price Performance
Shares of EXK opened at $4.63 on Wednesday. Endeavour Silver has a 1-year low of $1.42 and a 1-year high of $4.63. The stock has a market cap of $1.14 billion, a PE ratio of -231.50 and a beta of 1.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.02 and a quick ratio of 1.63. The firm has a fifty day moving average price of $3.59 and a 200 day moving average price of $2.57.
Institutional Investors Weigh In On Endeavour Silver
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Personalized Indexing Management LLC purchased a new position in Endeavour Silver during the fourth quarter worth about $60,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Endeavour Silver by 19.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,571 shares of the mining company’s stock worth $102,000 after purchasing an additional 8,441 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Endeavour Silver by 3.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,349,514 shares of the mining company’s stock worth $12,892,000 after purchasing an additional 188,787 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Endeavour Silver during the fourth quarter worth about $30,000. Finally, Quest Partners LLC purchased a new position in Endeavour Silver during the fourth quarter worth about $59,000. 20.06% of the stock is owned by hedge funds and other institutional investors.
About Endeavour Silver
Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.
Recommended Stories
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.