Shares of Endeavour Silver Corp. (NYSE:EXK – Get Free Report) (TSE:EDR) gapped down before the market opened on Friday . The stock had previously closed at $4.58, but opened at $4.31. Endeavour Silver shares last traded at $4.49, with a volume of 1,026,145 shares trading hands.
Analysts Set New Price Targets
Several brokerages have recently weighed in on EXK. HC Wainwright reiterated a “buy” rating and issued a $6.25 price target on shares of Endeavour Silver in a report on Wednesday, July 10th. StockNews.com upgraded Endeavour Silver to a “sell” rating in a report on Friday, May 10th. Alliance Global Partners raised their price objective on Endeavour Silver from $4.00 to $5.25 and gave the stock a “buy” rating in a report on Wednesday, July 10th. CIBC raised their price objective on Endeavour Silver from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Wednesday, July 10th. Finally, BMO Capital Markets assumed coverage on Endeavour Silver in a research report on Monday, June 17th. They set an “outperform” rating and a $6.00 target price on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Endeavour Silver has a consensus rating of “Moderate Buy” and an average target price of $5.90.
Read Our Latest Research Report on Endeavour Silver
Endeavour Silver Price Performance
The company has a current ratio of 2.02, a quick ratio of 1.63 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1.12 billion, a P/E ratio of -228.00 and a beta of 1.69. The firm has a 50-day simple moving average of $3.89 and a 200-day simple moving average of $2.72.
Institutional Trading of Endeavour Silver
Institutional investors have recently made changes to their positions in the business. Van ECK Associates Corp raised its stake in Endeavour Silver by 12.9% in the 1st quarter. Van ECK Associates Corp now owns 10,810,119 shares of the mining company’s stock worth $26,052,000 after acquiring an additional 1,237,440 shares during the last quarter. Jupiter Asset Management Ltd. raised its stake in Endeavour Silver by 60.1% in the 1st quarter. Jupiter Asset Management Ltd. now owns 10,781,056 shares of the mining company’s stock worth $25,972,000 after acquiring an additional 4,046,065 shares during the last quarter. Tidal Investments LLC purchased a new position in Endeavour Silver in the 1st quarter worth $19,008,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Endeavour Silver by 3.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,349,514 shares of the mining company’s stock worth $12,892,000 after acquiring an additional 188,787 shares during the last quarter. Finally, Virtu Financial LLC raised its stake in Endeavour Silver by 158.3% in the 1st quarter. Virtu Financial LLC now owns 147,287 shares of the mining company’s stock worth $355,000 after acquiring an additional 90,259 shares during the last quarter. Institutional investors and hedge funds own 20.06% of the company’s stock.
Endeavour Silver Company Profile
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.
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