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

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

Other analysts also recently issued research reports about the company. Ventum Cap Mkts raised Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. TD Securities assumed coverage on Endeavour Silver in a report on Friday, November 29th. They issued a “buy” rating for the company. Alliance Global Partners boosted their price objective on Endeavour Silver from $5.25 to $6.25 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Finally, HC Wainwright lowered their target price on Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $6.56.

Endeavour Silver Trading Down 3.3 %

Endeavour Silver stock opened at $3.94 on Wednesday. The stock has a market capitalization of $1.03 billion, a PE ratio of -30.27 and a beta of 1.63. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. The business’s fifty day moving average is $3.82 and its 200 day moving average is $3.93. Endeavour Silver has a one year low of $1.42 and a one year high of $5.67.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EXK. Alpha Cubed Investments LLC acquired a new stake in shares of Endeavour Silver during the fourth quarter worth about $37,000. Blue Trust Inc. boosted its stake in shares of Endeavour Silver by 139.6% during the 3rd quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock worth $57,000 after acquiring an additional 8,389 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in Endeavour Silver in the 4th quarter valued at approximately $73,000. Virtu Financial LLC acquired a new position in Endeavour Silver in the 3rd quarter valued at $80,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Endeavour Silver during the 3rd quarter worth $100,000. 20.06% of the stock is currently owned by hedge funds and other institutional investors.

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.