Edmond DE Rothschild Holding S.A. Takes $4.95 Million Position in Endeavour Silver Corporation $EXK

Edmond DE Rothschild Holding S.A. purchased a new position in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 597,918 shares of the mining company’s stock, valued at approximately $4,951,000. Edmond DE Rothschild Holding S.A. owned 0.20% of Endeavour Silver as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Schroder Investment Management Group grew its position in Endeavour Silver by 8.8% during the fourth quarter. Schroder Investment Management Group now owns 10,966 shares of the mining company’s stock worth $107,000 after buying an additional 887 shares in the last quarter. Quarry LP increased its stake in Endeavour Silver by 2.0% in the 3rd quarter. Quarry LP now owns 74,258 shares of the mining company’s stock worth $582,000 after acquiring an additional 1,490 shares during the last quarter. Swiss Life Asset Management Ltd raised its holdings in shares of Endeavour Silver by 15.6% in the 4th quarter. Swiss Life Asset Management Ltd now owns 13,598 shares of the mining company’s stock valued at $128,000 after acquiring an additional 1,836 shares in the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of Endeavour Silver by 166.7% in the 2nd quarter. Harbor Investment Advisory LLC now owns 4,000 shares of the mining company’s stock valued at $33,000 after acquiring an additional 2,500 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Endeavour Silver by 3.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 76,315 shares of the mining company’s stock valued at $598,000 after acquiring an additional 2,664 shares during the last quarter. Hedge funds and other institutional investors own 20.06% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on EXK. B. Riley Financial initiated coverage on Endeavour Silver in a report on Monday, August 3rd. They set a “buy” rating and a $14.00 price objective for the company. Wall Street Zen lowered shares of Endeavour Silver from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Endeavour Silver in a research report on Friday, July 17th. Zacks Research raised shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 30th. Finally, HC Wainwright reissued a “buy” rating and issued a $17.00 price target on shares of Endeavour Silver in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Endeavour Silver presently has an average rating of “Moderate Buy” and an average price target of $14.50.

Endeavour Silver Trading Up 13.7%

Shares of EXK stock opened at $10.98 on Thursday. The business has a 50-day moving average price of $8.56 and a two-hundred day moving average price of $9.67. Endeavour Silver Corporation has a 12-month low of $5.30 and a 12-month high of $15.15. The company has a quick ratio of 1.65, a current ratio of 1.97 and a debt-to-equity ratio of 0.34. The firm has a market cap of $3.25 billion, a P/E ratio of 52.30 and a beta of 1.35.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings data on Wednesday, July 29th. The mining company reported $0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.15. The company had revenue of $212.10 million for the quarter, compared to analysts’ expectations of $210.79 million. Endeavour Silver had a return on equity of 17.46% and a net margin of 9.30%. Equities analysts anticipate that Endeavour Silver Corporation will post 0.68 EPS for the current fiscal year.

Endeavour Silver 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.