Endeavour Silver (NYSE:EXK) Upgraded at StockNews.com

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

A number of other research analysts have also weighed in on EXK. TD Securities started coverage on shares of Endeavour Silver in a research report on Friday, November 29th. They set a “buy” rating for the company. HC Wainwright cut their target price on shares of Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a research report on Friday, January 10th. Alliance Global Partners boosted their target price on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Finally, Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $6.56.

Endeavour Silver Stock Up 1.1 %

EXK stock opened at $4.20 on Wednesday. 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 $1.42 and a 1 year high of $5.67. The company has a fifty day simple moving average of $3.81 and a 200 day simple moving average of $3.93. The firm has a market cap of $1.10 billion, a PE ratio of -32.27 and a beta of 1.63.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Alpha Cubed Investments LLC acquired a new position in shares of Endeavour Silver during the fourth quarter valued at about $37,000. Schroder Investment Management Group acquired a new position in shares of Endeavour Silver during the fourth quarter valued at about $36,000. Blue Trust Inc. raised its position in shares of Endeavour Silver by 139.6% during the third quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock valued at $57,000 after buying an additional 8,389 shares during the last quarter. Farringdon Capital Ltd. acquired a new position in shares of Endeavour Silver during the fourth quarter valued at about $55,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Endeavour Silver during the fourth quarter valued at about $73,000. 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.