HC Wainwright set a $6.00 price objective on Endeavour Silver (NYSE:EXK) (TSE:EDR) in a research report sent to investors on Thursday morning. The firm currently has a buy rating on the mining company’s stock.

A number of other equities analysts have also weighed in on the stock. Zacks Investment Research upgraded shares of Endeavour Silver from a strong sell rating to a hold rating in a research report on Friday, October 20th. BMO Capital Markets started coverage on shares of Endeavour Silver in a research report on Friday, November 17th. They set a market perform rating on the stock. Noble Financial restated a buy rating on shares of Endeavour Silver in a research report on Thursday, January 11th. Finally, ValuEngine lowered shares of Endeavour Silver from a hold rating to a sell rating in a research report on Sunday, December 31st. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. Endeavour Silver has an average rating of Hold and an average price target of $4.94.

Shares of Endeavour Silver (EXK) traded down $0.09 during midday trading on Thursday, hitting $2.06. 1,361,003 shares of the stock traded hands, compared to its average volume of 1,536,425. Endeavour Silver has a 1-year low of $1.94 and a 1-year high of $4.85. The firm has a market capitalization of $258.79, a price-to-earnings ratio of 101.50 and a beta of -0.03.

Institutional investors and hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC boosted its position in Endeavour Silver by 5.5% during the second quarter. HighTower Advisors LLC now owns 37,200 shares of the mining company’s stock worth $115,000 after acquiring an additional 1,925 shares during the last quarter. Essex Investment Management Co. LLC purchased a new position in Endeavour Silver during the fourth quarter worth about $142,000. Ladenburg Thalmann Financial Services Inc. raised its stake in Endeavour Silver by 622.8% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 79,556 shares of the mining company’s stock worth $194,000 after purchasing an additional 68,550 shares during the period. JPMorgan Chase & Co. purchased a new position in Endeavour Silver during the third quarter worth about $226,000. Finally, Cubist Systematic Strategies LLC purchased a new position in Endeavour Silver during the second quarter worth about $361,000. Hedge funds and other institutional investors own 21.67% of the company’s stock.

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About Endeavour Silver

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.

Analyst Recommendations for Endeavour Silver (NYSE:EXK)

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