Endeavour Silver (NYSE:EXK) Shares Gap Down to $4.52

Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $4.52, but opened at $4.29. Endeavour Silver shares last traded at $4.27, with a volume of 714,341 shares.

Analyst Ratings Changes

EXK has been the topic of several analyst reports. Alliance Global Partners boosted their target price on Endeavour Silver from $4.00 to $5.25 and gave the stock a “buy” rating in a report on Wednesday, July 10th. CIBC upped their price target on Endeavour Silver from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Wednesday, July 10th. BMO Capital Markets assumed 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. StockNews.com raised Endeavour Silver to a “sell” rating in a report on Friday, May 10th. Finally, HC Wainwright upped their price target on Endeavour Silver from $6.25 to $6.50 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.95.

Endeavour Silver Stock Performance

The company has a market cap of $1.07 billion, a PE ratio of -226.50 and a beta of 1.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.02 and a quick ratio of 1.63. The business has a 50-day moving average of $3.96 and a 200 day moving average of $2.78.

Institutional Trading of Endeavour Silver

A number of hedge funds have recently bought and sold shares of EXK. Atria Wealth Solutions Inc. purchased a new stake in Endeavour Silver during the fourth quarter valued at $25,000. Dynamic Technology Lab Private Ltd purchased a new stake in Endeavour Silver in the fourth quarter worth about $30,000. MCIA Inc purchased a new stake in Endeavour Silver in the first quarter worth about $34,000. Baader Bank Aktiengesellschaft purchased a new stake in Endeavour Silver in the second quarter worth about $42,000. Finally, SG Americas Securities LLC increased its position in Endeavour Silver by 61.6% in the first quarter. SG Americas Securities LLC now owns 20,603 shares of the mining company’s stock worth $50,000 after buying an additional 7,852 shares in the last quarter. Hedge funds and other institutional investors 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.