Endeavour Silver Corp. (NYSE:EXK)’s share price traded down 3.8% on Wednesday . The stock traded as low as $5.45 and last traded at $5.51, with a volume of 1,954,175 shares changing hands. The stock had previously closed at $5.73.

Several equities research analysts recently commented on the company. CIBC reiterated an “underperform” rating and issued a $3.50 price objective (up from $3.00) on shares of Endeavour Silver Corp. in a report on Friday, May 13th. Zacks Investment Research upgraded Endeavour Silver Corp. from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a report on Monday, August 8th. TD Securities reiterated a “hold” rating and issued a $6.50 price objective (up from $5.50) on shares of Endeavour Silver Corp. in a report on Thursday, August 4th. Finally, Raymond James Financial Inc. upgraded Endeavour Silver Corp. from an “underperform” rating to a “market perform” rating in a report on Monday, June 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $3.61.

The stock’s 50 day moving average price is $4.80 and its 200-day moving average price is $3.35. The stock’s market capitalization is $709.88 million.

An institutional investor recently raised its position in Endeavour Silver Corp. stock. Connor Clark & Lunn Investment Management Ltd. increased its position in Endeavour Silver Corp. (NYSE:EXK) by 96.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,223,374 shares of the mining company’s stock after buying an additional 600,100 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 1.20% of Endeavour Silver Corp. worth $1,744,000 as of its most recent filing with the SEC.

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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