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

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

The stock’s 50-day moving average price is $4.90 and its 200 day moving average price is $3.38. The company’s market cap is $709.88 million.

A hedge fund recently raised its stake in Endeavour Silver Corp. stock. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Endeavour Silver Corp. (NYSE:EXK) by 96.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm 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 about 1.20% of Endeavour Silver Corp. worth $1,744,000 at the end of the most recent quarter.

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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