Noble Financial reissued their buy rating on shares of Endeavour Silver (NYSE:EXK) (TSE:EDR) in a research report report published on Thursday.
EXK has been the subject of several other reports. Zacks Investment Research upgraded Endeavour Silver from a strong sell rating to a hold rating in a report on Friday, October 20th. HC Wainwright restated a buy rating and set a $6.00 target price on shares of Endeavour Silver in a report on Thursday. ValuEngine cut Endeavour Silver from a hold rating to a sell rating in a report on Sunday, December 31st. Finally, BMO Capital Markets began coverage on Endeavour Silver in a report on Friday, November 17th. They set a market perform rating for the company. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $4.94.
Shares of Endeavour Silver (EXK) opened at $2.63 on Thursday. The firm has a market capitalization of $335.21, a PE ratio of 131.50 and a beta of -0.15. Endeavour Silver has a fifty-two week low of $1.94 and a fifty-two week high of $4.90.
A number of hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its holdings in Endeavour Silver by 666.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 335,238 shares of the mining company’s stock worth $1,023,000 after buying an additional 291,507 shares during the period. Ninepoint Partners LP purchased a new stake in Endeavour Silver in the 3rd quarter worth approximately $1,924,000. ETF Managers Group LLC purchased a new stake in Endeavour Silver in the 2nd quarter worth approximately $2,361,000. Cubist Systematic Strategies LLC purchased a new stake in Endeavour Silver in the 2nd quarter worth approximately $361,000. Finally, Global X MANAGEMENT CO LLC lifted its holdings in Endeavour Silver by 8.2% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 1,617,297 shares of the mining company’s stock worth $3,849,000 after buying an additional 122,180 shares during the period. Institutional investors own 23.24% of the company’s stock.
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About Endeavour Silver
Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.
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