Endeavour Silver Corporation $EXK Stock Position Raised by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. increased its stake in Endeavour Silver Corporation by 22.6% during Q1, holding 306,848 shares valued at approximately $1.31 million.
• Multiple hedge funds have acquired stakes in Endeavour Silver, with institutional investors collectively owning 20.06% of the company’s stock.
• Endeavour Silver reported a quarterly loss of ($0.03) EPS, missing analysts' estimates, despite revenue of $85.30 million that surpassed expectations.

Edmond DE Rothschild Holding S.A. grew its holdings in shares of Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR by 22.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 306,848 shares of the mining company's stock after purchasing an additional 56,636 shares during the period. Edmond DE Rothschild Holding S.A. owned approximately 0.11% of Endeavour Silver worth $1,310,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Tidal Investments LLC boosted its holdings in shares of Endeavour Silver by 52.9% in the 4th quarter. Tidal Investments LLC now owns 11,178,812 shares of the mining company's stock valued at $40,914,000 after acquiring an additional 3,869,920 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Endeavour Silver by 5.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,941,933 shares of the mining company's stock valued at $21,748,000 after acquiring an additional 288,166 shares during the period. TD Asset Management Inc boosted its position in Endeavour Silver by 12.1% in the 1st quarter. TD Asset Management Inc now owns 3,718,933 shares of the mining company's stock worth $15,865,000 after purchasing an additional 401,394 shares in the last quarter. Invesco Ltd. grew its stake in shares of Endeavour Silver by 56.0% during the 1st quarter. Invesco Ltd. now owns 3,301,752 shares of the mining company's stock worth $14,098,000 after purchasing an additional 1,185,100 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of Endeavour Silver by 12.9% during the 1st quarter. American Century Companies Inc. now owns 2,999,992 shares of the mining company's stock valued at $12,810,000 after purchasing an additional 342,419 shares in the last quarter. Institutional investors and hedge funds own 20.06% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. National Bankshares restated an "outperform" rating on shares of Endeavour Silver in a research report on Wednesday, July 16th. CIBC lifted their price target on Endeavour Silver from $7.25 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. Wall Street Zen upgraded Endeavour Silver from a "sell" rating to a "hold" rating in a research report on Sunday, August 17th. HC Wainwright increased their price objective on shares of Endeavour Silver from $7.25 to $8.75 and gave the company a "buy" rating in a report on Wednesday, July 9th. Finally, Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research report on Friday, May 23rd. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $8.33.

Endeavour Silver Stock Up 3.0%

NYSE EXK traded up $0.18 during trading hours on Thursday, hitting $6.06. The company had a trading volume of 6,308,968 shares, compared to its average volume of 11,686,115. The firm's 50 day moving average is $5.61 and its 200 day moving average is $4.59. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.93 and a quick ratio of 0.65. Endeavour Silver Corporation has a fifty-two week low of $2.95 and a fifty-two week high of $6.74. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of -22.35 and a beta of 1.30.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last released its quarterly earnings results on Wednesday, August 13th. The mining company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.04). The business had revenue of $85.30 million during the quarter, compared to analyst estimates of $81.48 million. Endeavour Silver had a negative return on equity of 0.62% and a negative net margin of 28.49%. Sell-side analysts anticipate that Endeavour Silver Corporation will post -0.07 earnings per share for the current fiscal 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.