D.A. Davidson & CO. Buys Shares of 348,894 Endeavour Silver Corporation (NYSE:EXK)

D.A. Davidson & CO. purchased a new position in shares of Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 348,894 shares of the mining company's stock, valued at approximately $1,490,000. D.A. Davidson & CO. owned about 0.13% of Endeavour Silver as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Schroder Investment Management Group purchased a new position in shares of Endeavour Silver in the fourth quarter valued at $36,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Endeavour Silver in the fourth quarter valued at $43,000. Farringdon Capital Ltd. purchased a new position in shares of Endeavour Silver in the fourth quarter valued at $55,000. Oxford Asset Management LLP purchased a new position in shares of Endeavour Silver in the fourth quarter valued at $57,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Endeavour Silver in the fourth quarter valued at $73,000. Institutional investors and hedge funds own 20.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on EXK shares. Raymond James Financial started coverage on shares of Endeavour Silver in a research note on Friday, March 21st. They issued an "outperform" rating for the company. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research note on Friday, May 23rd. National Bank Financial upgraded shares of Endeavour Silver to a "strong-buy" rating in a research note on Thursday, June 12th. Alliance Global Partners reiterated a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. Finally, HC Wainwright reiterated a "buy" rating and set a $7.25 price objective on shares of Endeavour Silver in a research note on Wednesday, May 14th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, Endeavour Silver presently has an average rating of "Buy" and an average target price of $6.83.

Endeavour Silver Stock Performance

Shares of EXK stock traded down $0.39 during trading hours on Tuesday, reaching $4.85. The stock had a trading volume of 12,964,208 shares, compared to its average volume of 12,282,500. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.14 and a quick ratio of 0.77. Endeavour Silver Corporation has a twelve month low of $2.46 and a twelve month high of $5.67. The firm has a 50-day simple moving average of $4.17 and a 200-day simple moving average of $3.99. The firm has a market capitalization of $1.40 billion, a PE ratio of -18.65 and a beta of 1.50.

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

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.