Endeavour Silver Corporation (EXK) Receives ‘Analyst’ Rating

Endeavour Silver Corporation (EXK) : 1 brokerage houses believe that Endeavour Silver Corporation (EXK) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Endeavour Silver Corporation (EXK). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 2.5.

Endeavour Silver Corporation (EXK) : 4 investment research analysts covering Endeavour Silver Corporation (EXK) have an average price target of $4.94 for the near short term. The highest target price given by the Brokerage Firm to the stock is $8 and the lowest target is $2 for the short term. Analysts expect the variance to be within $2.43 of the average price.


Also, National Bank initiates coverage on Endeavour Silver Corporation (NYSE:EXK). According to the latest information available, the shares are now rated Sector Perform by the analysts at the agency. The rating by the firm was issued on September 8, 2016.

Endeavour Silver Corporation (NYSE:EXK): After opening at $4.96, the stock dipped to an intraday low of $4.79 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $5.189 and the buying power remained strong till the end. The stock closed at $5.03 for the day, a gain of 0.40% for the day session. The total traded volume was 2,682,613. The stocks close on the previous trading day was $5.01.

Endeavour Silver Corp. (Endeavour) is a Canada-based mining company. The Company is engaged in silver mining in Mexico and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is also engaged in exploration activities in Chile. Its producing mines include Guanacevi Mine, which is located 260 kilometers northwest of the city of Durango, Mexico; Bolanitos Mine, which is located 10 kilometers northwest of the city of Guanajuato, Mexico, and El Cubo Mine, which is located six kilometers southeast of the city of Guanajuato. Its exploration projects include Guadalupe y Calvo, an advanced silver-gold exploration project; Parral Mine, which is located around 210 kilometers south of the city of Chihuahua, Mexico; Terronera, a project is located 40 kilometers northeast of Puerto Vallarta in the state of Jalisco, Mexico, and Lourdes, an early-stage exploration silver and gold property.

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