Endeavour Silver Corp. (NYSE:EXK) was down 9.8% during trading on Wednesday . The stock traded as low as $4.68 and last traded at $4.70, with a volume of 2,927,247 shares traded. The stock had previously closed at $5.21.

Several equities research analysts have commented on EXK shares. Zacks Investment Research upgraded Endeavour Silver Corp. from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research note on Thursday, June 30th. TD Securities restated a “hold” rating and set a $6.50 price target (up from $5.50) on shares of Endeavour Silver Corp. in a research note on Thursday, August 4th. Raymond James Financial Inc. upgraded Endeavour Silver Corp. from an “underperform” rating to a “market perform” rating in a research note on Monday, June 27th. Finally, CIBC restated an “underperform” rating and set a $3.50 price target (up from $3.00) on shares of Endeavour Silver Corp. in a research note on Friday, May 13th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Endeavour Silver Corp. presently has an average rating of “Hold” and an average target price of $3.61.

The firm’s market capitalization is $577.96 million. The company’s 50-day moving average price is $4.99 and its 200 day moving average price is $3.50.

An institutional investor recently raised its position in Endeavour Silver Corp. stock. Connor Clark & Lunn Investment Management Ltd. boosted its position in Endeavour Silver Corp. (NYSE:EXK) by 96.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 1.20% of Endeavour Silver Corp. worth $1,744,000 as of its most recent SEC filing.

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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