StockNews.com Upgrades Endeavour Silver (NYSE:EXK) to Sell

Endeavour Silver (NYSE:EXK) (TSE:EDR) was upgraded by analysts at StockNews.com to a “sell” rating in a report released on Friday.

Several other equities research analysts have also issued reports on the stock. HC Wainwright lowered their price target on shares of Endeavour Silver from $7.25 to $7.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Ventum Cap Mkts upgraded shares of Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. Finally, TD Securities initiated coverage on shares of Endeavour Silver in a research note on Friday, November 29th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.56.

Endeavour Silver Stock Up 0.7 %

Shares of EXK stock opened at $3.67 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. Endeavour Silver has a 1 year low of $1.43 and a 1 year high of $5.67. The firm’s fifty day moving average price is $3.79 and its two-hundred day moving average price is $3.97. The firm has a market capitalization of $961.42 million, a P/E ratio of -28.19 and a beta of 1.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Schroder Investment Management Group acquired a new position in Endeavour Silver in the 4th quarter valued at about $36,000. Alpha Cubed Investments LLC bought a new stake in Endeavour Silver in the 4th quarter valued at about $37,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Endeavour Silver in the 4th quarter valued at about $43,000. Farringdon Capital Ltd. bought a new stake in Endeavour Silver in the 4th quarter valued at about $55,000. Finally, Blue Trust Inc. boosted its holdings in Endeavour Silver by 139.6% in the 3rd quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock valued at $57,000 after purchasing an additional 8,389 shares during the period. 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.