Shares of Endeavour Silver Corp. (NYSE:EXK – Get Free Report) (TSE:EDR) have been assigned an average rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $6.50.
EXK has been the subject of a number of research analyst reports. StockNews.com upgraded Endeavour Silver to a “sell” rating in a report on Friday, May 10th. BMO Capital Markets initiated coverage on Endeavour Silver in a report on Monday, June 17th. They set an “outperform” rating and a $6.00 price target for the company. CIBC lifted their price target on Endeavour Silver from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Wednesday, July 10th. Alliance Global Partners boosted 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. Finally, HC Wainwright restated a “buy” rating and set a $6.25 price objective on shares of Endeavour Silver in a report on Wednesday, July 10th.
View Our Latest Stock Report on EXK
Endeavour Silver Trading Up 4.5 %
Institutional Investors Weigh In On Endeavour Silver
A number of institutional investors have recently made changes to their positions in EXK. Virtu Financial LLC boosted its stake in shares of Endeavour Silver by 158.3% in the first quarter. Virtu Financial LLC now owns 147,287 shares of the mining company’s stock valued at $355,000 after buying an additional 90,259 shares during the period. Tidal Investments LLC bought a new stake in shares of Endeavour Silver in the first quarter valued at approximately $19,008,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of Endeavour Silver by 9.7% in the first quarter. B. Riley Wealth Advisors Inc. now owns 76,800 shares of the mining company’s stock valued at $187,000 after buying an additional 6,800 shares during the period. Jupiter Asset Management Ltd. boosted its stake in shares of Endeavour Silver by 60.1% in the first quarter. Jupiter Asset Management Ltd. now owns 10,781,056 shares of the mining company’s stock valued at $25,972,000 after buying an additional 4,046,065 shares during the period. Finally, SG Americas Securities LLC boosted its stake in shares of Endeavour Silver by 61.6% in the first quarter. SG Americas Securities LLC now owns 20,603 shares of the mining company’s stock valued at $50,000 after buying an additional 7,852 shares during the period. Institutional investors own 20.06% of the company’s stock.
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.
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