Endeavour Silver Corporation (NYSE:EXK) Shares Acquired by Alps Advisors Inc.

Alps Advisors Inc. grew its holdings in Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR by 599.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 757,522 shares of the mining company's stock after purchasing an additional 649,246 shares during the quarter. Alps Advisors Inc. owned approximately 0.28% of Endeavour Silver worth $3,235,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of EXK. Schroder Investment Management Group acquired a new stake in shares of Endeavour Silver in the 4th quarter worth approximately $36,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Endeavour Silver in the 4th quarter valued at approximately $43,000. Farringdon Capital Ltd. acquired a new position in Endeavour Silver in the 4th quarter valued at approximately $55,000. Oxford Asset Management LLP acquired a new position in Endeavour Silver in the 4th quarter valued at approximately $57,000. Finally, Two Sigma Securities LLC acquired a new position in Endeavour Silver in the 4th quarter valued at approximately $85,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Endeavour Silver from a "sell" rating to a "hold" rating in a research report on Saturday, July 5th. HC Wainwright increased their target price on shares of Endeavour Silver from $7.25 to $8.75 and gave the stock a "buy" rating in a report on Wednesday, July 9th. CIBC increased their price objective on shares of Endeavour Silver from $7.25 to $10.00 and gave the stock a "neutral" rating in a research note on Tuesday. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research note on Friday, May 23rd. Finally, Raymond James Financial assumed coverage on shares of Endeavour Silver in a research report on Friday, March 21st. They issued an "outperform" rating on the stock. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $8.33.

Endeavour Silver Trading Up 0.3%

Shares of NYSE:EXK traded up $0.02 on Tuesday, hitting $5.76. The company had a trading volume of 9,291,516 shares, compared to its average volume of 9,180,397. The firm's 50-day simple moving average is $4.36 and its two-hundred day simple moving average is $4.05. Endeavour Silver Corporation has a 1 year low of $2.46 and a 1 year high of $6.04. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of -22.13 and a beta of 1.50.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last announced its quarterly earnings results on Tuesday, May 13th. The mining company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.16). The company had revenue of $63.50 million during the quarter, compared to the consensus estimate of $83.10 million. Endeavour Silver had a positive return on equity of 1.18% and a negative net margin of 29.07%. Equities analysts anticipate that Endeavour Silver Corporation will post -0.07 earnings per share for the current fiscal year.

About Endeavour Silver

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.