13 Best Precious Metals Stocks to Buy According to Analysts

9. Endeavour Silver Corp. (NYSE:EXK)

Number of Hedge Fund Holders: 19

Average Upside Potential: 37.41%

Endeavour Silver Corp. (NYSE:EXK) is a Vancouver-based mining company that works on discovering and developing silver and gold projects in Mexico, Chile, and the United States. EXK is one of the best metal stocks to monitor. On April 10, H.C. Wainwright reaffirmed a Buy rating on EXK with a price target of $7.25. Endeavour Silver’s production dropped recently, mainly because of lower output at the Guanaceví mine, though the higher silver grades at Bolañitos helped balance things out. H.C. Wainwright expects a significant boost in production starting in late 2025, especially with the upcoming Terronera project and the recent Kolpa acquisition.

On April 8, Endeavour Silver Corp. (NYSE:EXK) concluded a prospectus offering, raising $45 million by issuing 11.6 million shares at $3.88 each. The money will be used to finance the $145 million purchase of Compañia Minera Kolpa S.A. and its Huachocolpa Uno Mine. The deal is still waiting on regulatory approvals but is expected to close in about 60 days.

According to Insider Monkey’s fourth quarter database, 19 hedge funds were bullish on Endeavour Silver Corp. (NYSE:EXK), up from 9 funds in the preceding quarter. D E Shaw was the leading stakeholder of the company, with 2.36 million shares worth $8.6 million.