Analyst Rating Update on Endeavour Silver Corporation (EXK)

Endeavour Silver Corporation (NYSE:EXK) : Zacks Investment Research ranks Endeavour Silver Corporation (NYSE:EXK) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 2.33, which indicates as a Buy.

Endeavour Silver Corporation (NYSE:EXK) stock is expected to deviate a maximum of $1.04 from the average target price of $2.83 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $4 and the most muted being $2.

The shares have received a consensus rating of Sell for the current week Also, Major Brokerage house, Rodman & Renshaw maintains its ratings on Endeavour Silver Corporation (NYSE:EXK). In the latest research report, Rodman & Renshaw raises the target price from $2.5 per share to $3.4 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on April 12, 2016.

Endeavour Silver Corporation (NYSE:EXK): stock turned positive on Tuesday. Though the stock opened at $3.73, the bulls momentum made the stock top out at $3.86 level for the day. The stock recorded a low of $3.7 and closed the trading day at $3.82, in the green by 1.33%. The total traded volume for the day was 1,852,513. The stock had closed at $3.77 in the previous days trading.

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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