HC Wainwright Boosts Endeavour Silver (NYSE:EXK) Price Target to $6.50

Endeavour Silver (NYSE:EXK) (TSE:EDR) had its target price boosted by HC Wainwright from $6.25 to $6.50 in a research report report published on Thursday morning, Benzinga reports. They currently have a buy rating on the mining company’s stock.

A number of other brokerages have also recently commented on EXK. CIBC increased their price target on Endeavour Silver from $6.00 to $7.00 and gave the company a neutral rating in a research note on Wednesday, July 10th. Alliance Global Partners increased their target price on Endeavour Silver from $4.00 to $5.25 and gave the company a buy rating in a research report on Wednesday, July 10th. BMO Capital Markets began coverage on Endeavour Silver in a report on Monday, June 17th. They set an outperform rating and a $6.00 price target on the stock. Finally, StockNews.com upgraded shares of Endeavour Silver to a sell rating in a report on Friday, May 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus price target of $5.95.

Endeavour Silver Price Performance

EXK stock opened at $4.32 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.63 and a debt-to-equity ratio of 0.01. The company has a 50 day simple moving average of $3.99 and a 200 day simple moving average of $2.81. Endeavour Silver has a 1 year low of $1.42 and a 1 year high of $5.02.

Institutional Investors Weigh In On Endeavour Silver

Several large investors have recently added to or reduced their stakes in the business. Baader Bank Aktiengesellschaft acquired a new stake in shares of Endeavour Silver during the 2nd quarter worth approximately $42,000. Atria Wealth Solutions Inc. bought a new position in shares of Endeavour Silver during the 4th quarter worth about $25,000. MCIA Inc acquired a new stake in shares of Endeavour Silver in the 1st quarter valued at about $34,000. Dynamic Technology Lab Private Ltd bought a new stake in Endeavour Silver in the 4th quarter valued at about $30,000. Finally, Oak Family Advisors LLC acquired a new position in Endeavour Silver during the 2nd quarter worth approximately $55,000. Institutional investors and hedge funds own 20.06% of the company’s stock.

About Endeavour Silver

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.