Endeavour Silver (NYSE:EXK) Shares Gap Down on Analyst Downgrade

Posted by Geri Gentry on Nov 10th, 2026

Endeavour Silver Corporation (NYSE:EXK – Get Free Report) (TSE:EDR)’s stock price gapped down prior to trading on Tuesday after HC Wainwright lowered their price target on the stock from $17.00 to $16.75. The stock had previously closed at $8.34, but opened at $7.85. HC Wainwright currently has a buy rating on the stock. Endeavour Silver shares last traded at $8.13, with a volume of 1,110,240 shares traded.

A number of other brokerages have also recently weighed in on EXK. Wall Street Zen cut Endeavour Silver from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Weiss Ratings upgraded Endeavour Silver from a “sell (d-)” rating to a “hold (c)” rating in a research note on Tuesday, September 22nd. B. Riley Financial started coverage on Endeavour Silver in a report on Monday, August 3rd. They set a “buy” rating and a $14.00 price objective on the stock. Canadian Imperial Bank of Commerce downgraded Endeavour Silver from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 22nd. Finally, Citigroup downgraded Endeavour Silver to a “market perform” rating in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $13.92.

Read Our Latest Report on EXK

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. HighTower Advisors LLC raised its holdings in Endeavour Silver by 8.5% in the 3rd quarter. HighTower Advisors LLC now owns 25,467 shares of the mining company’s stock worth $219,000 after acquiring an additional 2,000 shares during the period. Ashton Thomas Private Wealth LLC lifted its position in Endeavour Silver by 257.3% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 131,514 shares of the mining company’s stock worth $1,128,000 after acquiring an additional 94,711 shares during the last quarter. International Assets Investment Management LLC lifted its position in Endeavour Silver by 2.9% during the 3rd quarter. International Assets Investment Management LLC now owns 397,635 shares of the mining company’s stock worth $3,404,000 after acquiring an additional 11,075 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in Endeavour Silver by 10.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 21,919 shares of the mining company’s stock worth $188,000 after acquiring an additional 2,134 shares during the last quarter. Finally, Encompass More Asset Management bought a new stake in Endeavour Silver during the third quarter valued at about $86,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Endeavour Silver Price Performance

The company has a debt-to-equity ratio of 0.34, a current ratio of 1.97 and a quick ratio of 1.65. The stock’s fifty day simple moving average is $8.94 and its 200-day simple moving average is $9.65. The company has a market capitalization of $2.39 billion, a P/E ratio of 38.72 and a beta of 1.38.

Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) last issued its quarterly earnings results on Monday, November 9th. The mining company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. The company had revenue of $184.50 million for the quarter, compared to the consensus estimate of $197.00 million. Endeavour Silver had a return on equity of 17.46% and a net margin of 9.30%. On average, equities analysts forecast that Endeavour Silver Corporation will post 0.68 earnings per share for the current fiscal year.

Endeavour Silver Company Profile

(Get Free Report)

Endeavour Silver Corp. is a Canadian mining company that acquires, explores, develops and operates silver and gold properties. Founded in 2004, the company focuses on producing precious metals and expanding its portfolio through mine development and exploration.

Its mining and development activities have centered on Mexico, including the Guanaceví and Bolañitos operations and the Terronera project. Endeavour has also expanded into Peru through its acquisition of the Kolpa mine, which produces silver as well as lead, zinc and copper.

Endeavour Silver is headquartered in Vancouver, British Columbia.