H.C. Wainwright Thinks Endeavour Silver Corp’s Stock is Going to Recover


H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Endeavour Silver Corp (EXK) today and set a price target of $3.25. The company’s shares closed yesterday at $1.86, close to its 52-week low of $1.68.

Ihle said:

“$ 0.89 $ HCW estimate $ 0.68 $ HCW estimate $ 0.13 $ HCW estimate $ 0.11 $ HCW estimate $ 0.38 $ HCW estimate.”

According to TipRanks.com, Ihle is a 3-star analyst with an average return of 1.7% and a 52.3% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.

Currently, the analyst consensus on Endeavour Silver Corp is a Moderate Buy with an average price target of $3.25.

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The company has a one-year high of $3.05 and a one-year low of $1.68. Currently, Endeavour Silver Corp has an average volume of 1.1M.

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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 properties in Chihuahua.

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