Endeavour Silver Corp. (NYSE:EXK) produced a 42.26% rally since recording the worst price of $1.68. Thanks to the latest 9.13% increase, it now trades at $2.39. Throughout the trading on 7/18/2019, the share price floated between $2.2 and $2.46. This company shares are 87.03% off its target price of $4.47 and the current market capitalization stands at $324.04M. The recent change has given its price a 26.12% lead over SMA 50 and -20.33% deficit over its 52-week high. The stock witnessed 27.81% gains, 5.29% gains and 18.32% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EXK’s volatility during a week at 9.26% and during a month it has been found around 6.04%.
What Does Endeavour Silver Corp. (EXK) Do?
The company describes itself in regulatory filings as, “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. The company was founded by Bradford James Cooke on March 11, 1981 and is headquartered in Vancouver, Canada.” [Text can be found here: https://www.marketwatch.com/investing/stock/EXK/profile under company description.]Endeavour Silver Corp. (EXK) Top Holders
Institutional investors currently hold around $55 million or 26.4% in EXK stock. Look at its top three institutional owners: Van Eck Associates Corp owns $18.85 million in Endeavour Silver Corp., which represents roughly 5.82% of the company’s market cap and approximately 34.26% of the institutional ownership. Similar statistics are true for the second largest owner, Renaissance Technologies Llc, which owns 5,645,225 shares of the stock are valued at $12.36 million. The third largest holder is Morgan Stanley, which currently holds $5.37 million worth of this stock and that ownership represents nearly 1.66% of its market capitalization.
At the end of March reporting period, 27 institutional holders increased their position in Endeavour Silver Corp. (NYSE:EXK) by some 2,550,782 shares, 31 decreased positions by 3,111,778 and 13 held positions by 19,232,189. That puts total institutional holdings at 24,894,749 shares, according to SEC filings. The stock grabbed 9 new institutional investments totaling 327,447 shares while 10 institutional investors sold out their entire positions totaling 1,566,202 shares.Endeavour Silver Corp. (EXK) Analyst Guide
Several analysts have released their opinion on Endeavour Silver Corp. (NYSE:EXK), with 1 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 1 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.67 average brokerage recommendation [T1].