Shares of Endeavour Silver Corp. (NYSE:EXK) saw unusually-strong trading volume on Wednesday . Approximately 2,577,878 shares changed hands during mid-day trading, a decline of 6% from the previous session’s volume of 2,755,909 shares.The stock last traded at $4.32 and had previously closed at $4.67.

Several equities analysts recently issued reports on EXK shares. Zacks Investment Research cut Endeavour Silver Corp. from a “buy” rating to a “hold” rating in a report on Monday, May 16th. CIBC reiterated an “underperform” rating and issued a $3.50 price target (up previously from $3.00) on shares of Endeavour Silver Corp. in a report on Friday, May 13th. Raymond James Financial Inc. upgraded Endeavour Silver Corp. from an “underperform” rating to a “market perform” rating in a report on Monday, June 27th. Finally, Rodman & Renshaw raised their price target on Endeavour Silver Corp. from $2.50 to $3.40 and gave the company a “buy” rating in a report on Tuesday, April 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $2.90.

The firm’s market cap is $491.17 million. The company has a 50 day moving average price of $4.03 and a 200-day moving average price of $2.83.

Endeavour Silver Corp. (NYSE:EXK) last posted its quarterly earnings results on Thursday, May 5th. The mining company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by $0.03. The firm earned $41.50 million during the quarter, compared to the consensus estimate of $43.10 million. On average, equities research analysts forecast that Endeavour Silver Corp. will post $0.01 EPS for the current year.

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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