Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Endeavour Silver Corp. (NYSE:EXK – Free Report) (TSE:EDR) by 2.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,160,727 shares of the mining company’s stock after buying an additional 140,838 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Endeavour Silver were worth $10,167,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in EXK. Citigroup Inc. purchased a new stake in shares of Endeavour Silver during the first quarter worth approximately $35,000. Royal Bank of Canada boosted its stake in Endeavour Silver by 49.1% during the 1st quarter. Royal Bank of Canada now owns 9,017 shares of the mining company’s stock worth $43,000 after purchasing an additional 2,971 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Endeavour Silver during the first quarter worth $49,000. Advisory Services Network LLC raised its position in shares of Endeavour Silver by 2,000.0% in the first quarter. Advisory Services Network LLC now owns 10,500 shares of the mining company’s stock valued at $41,000 after buying an additional 10,000 shares during the last quarter. Finally, Sei Investments Co. purchased a new position in shares of Endeavour Silver in the first quarter worth about $55,000. Institutional investors and hedge funds own 20.06% of the company’s stock.
Endeavour Silver Price Performance
Shares of EXK stock opened at $2.80 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.73 and a quick ratio of 1.26. The company has a market capitalization of $672.95 million, a PE ratio of 140.07 and a beta of 1.69. The firm’s 50-day moving average is $2.00 and its two-hundred day moving average is $2.05. Endeavour Silver Corp. has a 12 month low of $1.42 and a 12 month high of $4.55.
Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) last announced its quarterly earnings results on Monday, March 11th. The mining company reported $0.02 earnings per share (EPS) for the quarter. Endeavour Silver had a net margin of 2.98% and a return on equity of 2.28%. The business had revenue of $50.50 million during the quarter. During the same quarter in the prior year, the business earned $0.04 EPS. Analysts predict that Endeavour Silver Corp. will post 0.07 earnings per share for the current year.
Wall Street Analyst Weigh In
Several analysts recently issued reports on EXK shares. HC Wainwright dropped their price objective on shares of Endeavour Silver from $7.25 to $6.00 and set a “buy” rating for the company in a research note on Thursday, January 11th. StockNews.com raised Endeavour Silver to a “sell” rating in a report on Friday, February 23rd. Finally, TD Securities raised Endeavour Silver from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th.
Check Out Our Latest Stock Report on Endeavour Silver
Endeavour Silver Company Profile
Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.
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