Endeavour Silver (NYSE:EXK) Rating Increased to Sell at StockNews.com
Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) was upgraded by investment analysts at StockNews.com to a “sell” rating in a research note issued on Friday.
Several other equities research analysts have also issued reports on EXK. TD Securities raised Endeavour Silver from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th. HC Wainwright dropped their target price on Endeavour Silver from $7.25 to $6.00 and set a “buy” rating for the company in a research report on Thursday, January 11th. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Endeavour Silver has an average rating of “Moderate Buy” and a consensus target price of $5.58.
Endeavour Silver Stock Performance
Endeavour Silver stock opened at $1.53 on Friday. Endeavour Silver has a 1-year low of $1.44 and a 1-year high of $4.55. The company has a current ratio of 2.37, a quick ratio of 1.87 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $348.69 million, a PE ratio of 30.61 and a beta of 1.66. The firm’s 50 day simple moving average is $1.74 and its 200 day simple moving average is $2.18.
Institutional Investors Weigh In On Endeavour Silver
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Services Advisors Inc. purchased a new position in Endeavour Silver in the 1st quarter worth approximately $49,000. HighTower Advisors LLC raised its holdings in Endeavour Silver by 225.8% during the 1st quarter. HighTower Advisors LLC now owns 73,588 shares of the mining company’s stock valued at $344,000 after buying an additional 51,000 shares during the last quarter. Citigroup Inc. purchased a new stake in Endeavour Silver during the 1st quarter valued at $35,000. Dimensional Fund Advisors LP grew its holdings in Endeavour Silver by 924.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 684,840 shares of the mining company’s stock worth $3,185,000 after acquiring an additional 618,022 shares during the last quarter. Finally, Sei Investments Co. purchased a new position in shares of Endeavour Silver in the first quarter valued at about $55,000. Institutional investors own 25.89% 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 Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.
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