Caisse de depot et placement du Quebec Purchases New Holdings in Endeavour Silver Corporation $EXK

Caisse de depot et placement du Quebec acquired a new stake in shares of Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 294,602 shares of the mining company's stock, valued at approximately $2,444,000. Caisse de depot et placement du Quebec owned approximately 0.10% of Endeavour Silver as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. N.E.W. Advisory Services LLC purchased a new position in shares of Endeavour Silver during the 2nd quarter valued at approximately $29,000. Harbor Investment Advisory LLC grew its position in shares of Endeavour Silver by 166.7% during the second quarter. Harbor Investment Advisory LLC now owns 4,000 shares of the mining company's stock worth $33,000 after buying an additional 2,500 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Endeavour Silver by 389.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,583 shares of the mining company's stock worth $43,000 after buying an additional 3,647 shares during the last quarter. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Endeavour Silver in the first quarter worth $55,000. Finally, Bank of New York Mellon Corp acquired a new stake in Endeavour Silver in the second quarter valued at $85,000. 20.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on EXK. B. Riley Financial initiated coverage on shares of Endeavour Silver in a research note on Monday, August 3rd. They set a "buy" rating and a $14.00 price objective on the stock. Wall Street Zen downgraded shares of Endeavour Silver from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. HC Wainwright restated a "buy" rating and issued a $17.00 target price on shares of Endeavour Silver in a research note on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Endeavour Silver in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Endeavour Silver has a consensus rating of "Moderate Buy" and an average target price of $14.50.

Endeavour Silver Stock Performance

Shares of NYSE EXK opened at $10.78 on Friday. 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's 50-day moving average price is $8.86 and its two-hundred day moving average price is $9.66. Endeavour Silver Corporation has a 52-week low of $5.75 and a 52-week high of $15.15. The stock has a market capitalization of $3.19 billion, a P/E ratio of 51.33 and a beta of 1.35.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last posted its earnings results on Wednesday, July 29th. The mining company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. The company had revenue of $212.10 million during the quarter, compared to analyst estimates of $210.79 million. Endeavour Silver had a return on equity of 17.46% and a net margin of 9.30%. As a group, sell-side analysts forecast that Endeavour Silver Corporation will post 0.68 earnings per share for the current year.

About Endeavour Silver

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.

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