Notable Reporting: Endeavour Silver Corp’s Stock Is Sell After Today’s Huge Decline

Notable Reporting: Endeavour Silver Corp's Stock Is Sell After Today's Huge Decline

The stock of Endeavour Silver Corp (NYSE:EXK) is a huge mover today! The stock decreased 3.62% or $0.17 on November 8, hitting $4.52. About 2.40M shares traded hands or 11.63% up from the average. Endeavour Silver Corp (NYSE:EXK) has risen 87.60% since April 6, 2016 and is uptrending. It has outperformed by 85.64% the S&P500.
The move comes after 9 months negative chart setup for the $548.86 million company. It was reported on Nov, 8 by Barchart.com. We have $4.16 PT which if reached, will make NYSE:EXK worth $43.91M less.

Endeavour Silver Corp (NYSE:EXK) Ratings Coverage

Out of 5 analysts covering Endeavour Silver Corp (NYSE:EXK), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Endeavour Silver Corp has been the topic of 8 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The rating was downgraded by IBC on Tuesday, February 23 to “Underperformer”. On Tuesday, April 12 the stock rating was maintained by Rodman & Renshaw with “Buy”. Zacks upgraded the stock to “Sell” rating in Monday, August 24 report. The stock of Endeavour Silver Corp (NYSE:EXK) earned “Market Perform” rating by Raymond James on Monday, June 27. The stock of Endeavour Silver Corp (NYSE:EXK) earned “Hold” rating by TD Securities on Monday, March 7. The firm has “Sell” rating given on Tuesday, March 8 by Euro Pacific Capital.

According to Zacks Investment Research, “ENDEAVOUR SILVER CORP. is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. The expansion programs now underway at Endeavour’s two operating mines, Guanacevi in Durango State and Guanajuato in Guanajuato state, coupled with the Company’s acquisition and exploration programs in Mexico should enable Endeavour to join the ranks of top primary silver producers worldwide. Endeavour stands out from other silver mining companies for the strong organic growth potential of its core assets, its high silver grades and leverage, the substantial exploration upside of its Mexican mining properties, and the significant under-utilized capacities of the Guanacevi and Bolanitos plants.”

Another recent and important Endeavour Silver Corp (NYSE:EXK) news was published by Reuters.com which published an article titled: “BRIEF-Endeavour Silver Corp reports Q3 silver and gold production” on October 11, 2016.

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