Brokerage Firm Rating Update on Endeavour Silver Corporation (EXK)

Endeavour Silver Corporation (EXK) : Zacks Investment Research ranks Endeavour Silver Corporation (EXK) as 2, which is a Buy 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 (EXK) : Currently there are 3 street experts covering Endeavour Silver Corporation (EXK) stock. The most bullish and bearish price target for the stock is $6 and $2 respectively for the short term. The average price target of all the analysts comes to $4. The estimated standard deviation from the target is $1.89.


Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Raymond James upgrades the rating on Endeavour Silver Corporation (NYSE:EXK). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Underperform. The rating by the firm was issued on June 27, 2016.

Endeavour Silver Corporation (NYSE:EXK): The stock opened at $5.47 and touched an intraday high of $5.63 on Wednesday. During the day, the stock corrected to an intraday low of $5.39, however, the bulls stepped in and pushed the price higher to close in the green at $5.62 with a gain of 2.37% for the day. The total traded volume for the day was 3,331,893. The stock had closed at $5.49 in the previous trading session.

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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