Alliance Global Partners Boosts Endeavour Silver (NYSE:EXK) Price Target to $5.25

Endeavour Silver (NYSE:EXK) (TSE:EDR) had its price objective upped by Alliance Global Partners from $4.00 to $5.25 in a report issued on Wednesday, Benzinga reports. They currently have a buy rating on the mining company’s stock.

Several other brokerages also recently commented on EXK. BMO Capital Markets began coverage on Endeavour Silver in a research note on Monday, June 17th. They set an outperform rating and a $6.00 target price for the company. HC Wainwright reissued a buy rating and set a $6.25 target price on shares of Endeavour Silver in a research note on Wednesday. CIBC boosted their price target on Endeavour Silver from $4.25 to $6.00 and gave the stock a neutral rating in a report on Wednesday, May 22nd. Finally, StockNews.com upgraded Endeavour Silver to a sell rating in a report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and an average price target of $5.90.

Endeavour Silver Stock Down 2.1 %

Shares of NYSE EXK opened at $4.74 on Wednesday. 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 market cap of $1.17 billion, a price-to-earnings ratio of -237.00 and a beta of 1.69. Endeavour Silver has a 12 month low of $1.42 and a 12 month high of $4.86. The stock has a 50-day moving average price of $3.72 and a two-hundred day moving average price of $2.63.

Institutional Trading of Endeavour Silver

Several hedge funds and other institutional investors have recently made changes to their positions in EXK. Vanguard Personalized Indexing Management LLC bought a new stake in Endeavour Silver in the fourth quarter valued at approximately $60,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Endeavour Silver by 19.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,571 shares of the mining company’s stock valued at $102,000 after acquiring an additional 8,441 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Endeavour Silver by 3.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,349,514 shares of the mining company’s stock valued at $12,892,000 after acquiring an additional 188,787 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Endeavour Silver in the fourth quarter valued at approximately $30,000. Finally, Quest Partners LLC bought a new stake in Endeavour Silver in the fourth quarter valued at approximately $59,000. 20.06% of the stock is currently owned by institutional investors.

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.