In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Endeavour Silver (EXK), with a price target of $6.75. The company’s shares closed last Thursday at $4.76.
According to TipRanks.com, Ihle is a top 100 analyst with an average return of 41.5% and a 66.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Golden Star Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Endeavour Silver with a $5.50 average price target.
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The company has a one-year high of $5.85 and a one-year low of $0.99. Currently, Endeavour Silver has an average volume of 3.38M.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EXK in relation to earlier this year.
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Endeavour Silver Corp. operates as a mineral company. It engages in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The firm’s projects include Terronera property in Jalisco, El Compas property and La Plata plant in Zacatecas, and Parral property in Chihuahua. The company was founded by Bradford James Cooke on March 11, 1981 and is headquartered in Vancouver, Canada.
