Endeavour Silver Corp. (NYSE:EXK) Shares Acquired by Bank of America Corp DE

Bank of America Corp DE grew its holdings in Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 239.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 256,399 shares of the mining company's stock after acquiring an additional 180,800 shares during the quarter. Bank of America Corp DE owned 0.10% of Endeavour Silver worth $938,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its holdings in Endeavour Silver by 82.4% in the fourth quarter. Renaissance Technologies LLC now owns 185,100 shares of the mining company's stock worth $677,000 after acquiring an additional 83,600 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in Endeavour Silver in the fourth quarter worth about $732,000. Raymond James Financial Inc. acquired a new stake in Endeavour Silver in the fourth quarter worth about $321,000. HighTower Advisors LLC boosted its holdings in Endeavour Silver by 28.3% in the fourth quarter. HighTower Advisors LLC now owns 157,201 shares of the mining company's stock worth $575,000 after acquiring an additional 34,700 shares in the last quarter. Finally, Sprott Inc. boosted its holdings in Endeavour Silver by 23.1% in the fourth quarter. Sprott Inc. now owns 1,586,302 shares of the mining company's stock worth $5,809,000 after acquiring an additional 298,091 shares in the last quarter. Institutional investors and hedge funds own 20.06% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. TD Securities raised Endeavour Silver to a "strong-buy" rating in a report on Monday, March 10th. Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a report on Wednesday, March 12th. Raymond James started coverage on Endeavour Silver in a report on Friday, March 21st. They set an "outperform" rating for the company. Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. Finally, HC Wainwright reaffirmed a "buy" rating and set a $7.25 target price on shares of Endeavour Silver in a report on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Endeavour Silver currently has a consensus rating of "Moderate Buy" and a consensus target price of $6.63.

Endeavour Silver Trading Down 1.1%

Shares of NYSE:EXK opened at $4.50 on Friday. Endeavour Silver Corp. has a 12-month low of $2.46 and a 12-month high of $5.67. The company has a market capitalization of $1.30 billion, a PE ratio of -34.62 and a beta of 1.42. The business has a 50 day moving average of $3.64 and a two-hundred day moving average of $3.88. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20.

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) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.16). Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The company had revenue of $63.50 million during the quarter, compared to analyst estimates of $83.10 million. As a group, analysts forecast that Endeavour Silver Corp. will post -0.07 EPS for the current year.

Endeavour Silver 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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