Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) gapped up prior to trading on Wednesday . The stock had previously closed at $2.67, but opened at $2.62. Endeavour Silver Corporation shares last traded at $2.52, with a volume of 1,201,956 shares trading hands.

A number of equities research analysts recently weighed in on the stock. Noble Financial reaffirmed a “buy” rating on shares of Endeavour Silver Corporation in a report on Saturday, May 13th. Zacks Investment Research cut Endeavour Silver Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. BidaskClub cut Endeavour Silver Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. HC Wainwright reissued a “buy” rating and issued a $6.00 price target on shares of Endeavour Silver Corporation in a research note on Tuesday, July 4th. Finally, TheStreet raised Endeavour Silver Corporation from a “d” rating to a “c-” rating in a research note on Tuesday, May 30th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $5.71.

The company has a market capitalization of $327.56 million and a PE ratio of 50.39. The firm has a 50 day moving average of $2.53 and a 200-day moving average of $3.02.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EXK. UBS Group AG lifted its holdings in Endeavour Silver Corporation by 16.0% during the 1st quarter. UBS Group AG now owns 742,981 shares of the mining company’s stock worth $2,363,000 after purchasing an additional 102,656 shares during the last quarter. Global X Management Co. LLC lifted its holdings in Endeavour Silver Corporation by 15.2% during the 1st quarter. Global X Management Co. LLC now owns 1,510,720 shares of the mining company’s stock worth $4,804,000 after purchasing an additional 199,276 shares during the last quarter. Sprott Inc. lifted its holdings in Endeavour Silver Corporation by 38.5% during the 2nd quarter. Sprott Inc. now owns 693,316 shares of the mining company’s stock worth $2,115,000 after purchasing an additional 192,557 shares during the last quarter. Bank of Montreal Can lifted its holdings in Endeavour Silver Corporation by 912.4% during the 1st quarter. Bank of Montreal Can now owns 112,460 shares of the mining company’s stock worth $358,000 after purchasing an additional 101,352 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Endeavour Silver Corporation by 0.5% during the 1st quarter. Renaissance Technologies LLC now owns 5,476,800 shares of the mining company’s stock worth $17,416,000 after purchasing an additional 29,500 shares during the last quarter. 25.13% of the stock is owned by institutional investors.

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Endeavour Silver Corporation Company Profile

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in 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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