Havemeyer Place LP Acquires New Shares in Endeavour Silver Corporation $EXK

Havemeyer Place LP bought a new stake in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 94,915 shares of the mining company’s stock, valued at approximately $892,000.

Several other large investors have also recently bought and sold shares of EXK. Signaturefd LLC bought a new position in Endeavour Silver in the fourth quarter valued at about $47,000. Swiss Life Asset Management Ltd bought a new position in Endeavour Silver in the third quarter valued at about $92,000. Greenberg Financial Group bought a new position in Endeavour Silver in the fourth quarter valued at about $94,000. Dynamic Technology Lab Private Ltd bought a new position in Endeavour Silver in the first quarter valued at about $100,000. Finally, D.A. Davidson & CO. bought a new position in Endeavour Silver in the fourth quarter valued at about $105,000. 20.06% of the stock is currently owned by institutional investors.

Endeavour Silver Price Performance

Endeavour Silver stock opened at $8.03 on Tuesday. The stock’s 50 day moving average is $9.58 and its 200 day moving average is $10.23. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.70 and a quick ratio of 1.39. The firm has a market cap of $2.38 billion, a P/E ratio of -100.30 and a beta of 1.28. Endeavour Silver Corporation has a one year low of $4.53 and a one year high of $15.15.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings data on Wednesday, May 6th. The mining company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. The company had revenue of $209.70 million for the quarter, compared to analyst estimates of $200.41 million. Endeavour Silver had a positive return on equity of 9.33% and a negative net margin of 3.68%. As a group, research analysts expect that Endeavour Silver Corporation will post 0.63 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on EXK shares. HC Wainwright reiterated a “buy” rating and issued a $17.00 target price on shares of Endeavour Silver in a research report on Thursday, May 7th. Zacks Research upgraded Endeavour Silver from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 30th. Wall Street Zen upgraded Endeavour Silver from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Endeavour Silver in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Endeavour Silver has an average rating of “Moderate Buy” and a consensus target price of $14.50.

Endeavour Silver Company Profile

Endeavour Silver Corp. is a Vancouver-based precious metals mining company focused on the acquisition, development and operation of silver and gold properties in Mexico. Publicly listed on the New York Stock Exchange under the ticker EXK, the company has positioned itself as a mid-tier producer with a portfolio of high-grade, operating mines and exploration assets in key mineral belts.

Endeavour Silver’s core business activities revolve around four principal underground mines located in the states of Durango, Zacatecas, Guanajuato and Jalisco.