Jefferies Financial Group Inc. Acquires New Stake in Endeavour Silver Corporation $EXK

Jefferies Financial Group Inc. acquired a new stake in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 217,200 shares of the mining company’s stock, valued at approximately $2,042,000.

Several other large investors also recently added to or reduced their stakes in EXK. Signaturefd LLC bought a new stake in Endeavour Silver during the fourth quarter valued at $47,000. Swiss Life Asset Management Ltd bought a new stake in Endeavour Silver during the third quarter valued at $92,000. Greenberg Financial Group bought a new stake in Endeavour Silver during the fourth quarter valued at $94,000. Dynamic Technology Lab Private Ltd bought a new stake in Endeavour Silver during the first quarter valued at $100,000. Finally, D.A. Davidson & CO. bought a new stake in Endeavour Silver during the fourth quarter valued at $105,000. Institutional investors own 20.06% of the company’s stock.

Endeavour Silver Trading Down 3.0%

NYSE EXK opened at $9.31 on Thursday. The stock’s 50-day simple moving average is $9.54 and its two-hundred day simple moving average is $10.15. Endeavour Silver Corporation has a twelve month low of $3.50 and a twelve month high of $15.15. The company has a quick ratio of 1.39, a current ratio of 1.70 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of -116.37 and a beta of 1.26.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings results on Wednesday, May 6th. The mining company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. Endeavour Silver had a positive return on equity of 9.33% and a negative net margin of 3.68%.The business had revenue of $209.70 million for the quarter, compared to the consensus estimate of $200.41 million. Research analysts forecast that Endeavour Silver Corporation will post 0.63 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on EXK. HC Wainwright reissued a “buy” rating and set a $17.00 price objective on shares of Endeavour Silver in a research note on Thursday, May 7th. Wall Street Zen raised Endeavour Silver from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Endeavour Silver in a research note on Monday, April 20th. Zacks Research upgraded Endeavour Silver from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 30th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Endeavour Silver in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.