Endeavour Silver (NYSE:EXK) Shares Gap Up to $3.56

Endeavour Silver Corp. (NYSE:EXKGet Free Report) (TSE:EDR)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $3.56, but opened at $3.69. Endeavour Silver shares last traded at $3.82, with a volume of 1,096,482 shares traded.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. CIBC upped their price target on shares of Endeavour Silver from $4.25 to $6.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 22nd. BMO Capital Markets assumed coverage on shares of Endeavour Silver in a research report on Monday, June 17th. They set an “outperform” rating and a $6.00 price target for the company. HC Wainwright restated a “buy” rating and set a $6.25 price target on shares of Endeavour Silver in a research report on Friday, May 10th. Finally, StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research report on Friday, May 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $5.81.

Read Our Latest Analysis on Endeavour Silver

Endeavour Silver Stock Performance

The company has a market cap of $936.30 million, a PE ratio of -190.50 and a beta of 1.69. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.63 and a current ratio of 2.02. The firm’s 50 day moving average is $3.51 and its 200-day moving average is $2.52.

Institutional Trading of Endeavour Silver

Several large investors have recently bought and sold shares of the business. Virtu Financial LLC grew its stake in Endeavour Silver by 158.3% during the 1st quarter. Virtu Financial LLC now owns 147,287 shares of the mining company’s stock valued at $355,000 after acquiring an additional 90,259 shares in the last quarter. Tidal Investments LLC purchased a new stake in shares of Endeavour Silver in the 1st quarter valued at approximately $19,008,000. B. Riley Wealth Advisors Inc. grew its stake in shares of Endeavour Silver by 9.7% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 76,800 shares of the mining company’s stock valued at $187,000 after buying an additional 6,800 shares during the period. Jupiter Asset Management Ltd. grew its stake in shares of Endeavour Silver by 60.1% in the 1st quarter. Jupiter Asset Management Ltd. now owns 10,781,056 shares of the mining company’s stock valued at $25,972,000 after buying an additional 4,046,065 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of Endeavour Silver by 61.6% in the 1st quarter. SG Americas Securities LLC now owns 20,603 shares of the mining company’s stock valued at $50,000 after buying an additional 7,852 shares during the period. Hedge funds and other institutional investors own 20.06% of the company’s stock.

About Endeavour Silver

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Endeavour Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavour Silver and related companies with MarketBeat.com's FREE daily email newsletter.