Endeavour Silver Corp. (EXK) Trading Up 5.4%
Endeavour Silver Corp. (NYSE:EXK) shares were up 5.4% on Wednesday . The stock traded as high as $5.70 and last traded at $5.62, with a volume of 2,212,603 shares traded. The stock had previously closed at $5.33.
Several research analysts have recently weighed in on EXK shares. Zacks Investment Research cut shares of Endeavour Silver Corp. from a “buy” rating to a “hold” rating in a research note on Monday, May 16th. CIBC restated an “underperform” rating and set a $3.50 target price (up previously from $3.00) on shares of Endeavour Silver Corp. in a research note on Friday, May 13th. Raymond James Financial Inc. upgraded shares of Endeavour Silver Corp. from an “underperform” rating to a “market perform” rating in a research note on Monday, June 27th. TD Securities restated a “hold” rating and set a $6.50 target price (up previously from $5.50) on shares of Endeavour Silver Corp. in a research note on Thursday, August 4th. Finally, Rodman & Renshaw lifted their target price on shares of Endeavour Silver Corp. from $2.50 to $3.40 and gave the company a “buy” rating in a research note on Tuesday, April 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $3.61.
The company’s market cap is $713.65 million. The stock’s 50 day moving average price is $4.52 and its 200 day moving average price is $3.19.
Endeavour Silver Corp. is a mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of metal properties in Mexico and 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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