Endeavour Silver (NYSE:EXK) (TSE:EDR) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Friday.

A number of other research firms have also issued reports on EXK. Noble Financial reissued a “buy” rating on shares of Endeavour Silver in a research report on Friday, October 12th. HC Wainwright set a $6.00 price target on shares of Endeavour Silver and gave the stock a “buy” rating in a research report on Friday, October 12th. TheStreet lowered shares of Endeavour Silver from a “c” rating to a “d+” rating in a research report on Monday, August 27th. Zacks Investment Research lowered shares of Endeavour Silver from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 25th. Finally, BMO Capital Markets reissued a “hold” rating on shares of Endeavour Silver in a research report on Thursday, November 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. Endeavour Silver has a consensus rating of “Hold” and a consensus target price of $5.00.

EXK traded up $0.13 during trading on Friday, reaching $1.97. 974,600 shares of the company’s stock were exchanged, compared to its average volume of 1,090,853. Endeavour Silver has a 1 year low of $1.76 and a 1 year high of $3.35. The firm has a market capitalization of $241.52 million, a PE ratio of 24.63 and a beta of 0.10.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings results on Wednesday, October 31st. The mining company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). Endeavour Silver had a negative return on equity of 2.44% and a negative net margin of 3.86%. The business had revenue of $37.58 million for the quarter, compared to analysts’ expectations of $38.74 million. As a group, equities research analysts anticipate that Endeavour Silver will post -0.05 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the company. Jane Street Group LLC increased its holdings in shares of Endeavour Silver by 81.9% during the 3rd quarter. Jane Street Group LLC now owns 70,274 shares of the mining company’s stock valued at $162,000 after purchasing an additional 31,651 shares in the last quarter. Sigma Planning Corp increased its holdings in shares of Endeavour Silver by 44.4% during the 2nd quarter. Sigma Planning Corp now owns 94,906 shares of the mining company’s stock valued at $296,000 after purchasing an additional 29,178 shares in the last quarter. Raymond James & Associates purchased a new position in shares of Endeavour Silver during the 2nd quarter valued at approximately $406,000. Alps Advisors Inc. increased its holdings in shares of Endeavour Silver by 156.9% during the 2nd quarter. Alps Advisors Inc. now owns 717,708 shares of the mining company’s stock valued at $2,239,000 after purchasing an additional 438,318 shares in the last quarter. Finally, Morgan Stanley increased its holdings in shares of Endeavour Silver by 33.7% during the 3rd quarter. Morgan Stanley now owns 1,727,349 shares of the mining company’s stock valued at $3,990,000 after purchasing an additional 435,827 shares in the last quarter. 19.45% of the stock is owned by hedge funds and other institutional investors.

Endeavour Silver Company Profile

Endeavour Silver Corp., a mid-tier precious metals mining company, engages in the mining, evaluation, acquisition, exploration, development, extraction, processing, refining, and reclamation of silver in Mexico and Chile. The company also explores for gold deposits. It owns interests in the Guanaceví mine located in the Guanaceví district, Durango, Mexico; and the Bolañitos and El Cubo silver-gold mines located in the northern parts of the Guanajuato and La Luz silver districts in the state of Guanajuato, Mexico.

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