Edmond DE Rothschild Holding S.A. Grows Stock Position in Endeavour Silver Corporation $EXK

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 Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR by 22.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 about 0.11% of Endeavour Silver worth $1,310,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in EXK. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Endeavour Silver in the fourth quarter worth about $43,000. Hohimer Wealth Management LLC boosted its position in Endeavour Silver by 28.9% in the 1st quarter. Hohimer Wealth Management LLC now owns 13,015 shares of the mining company's stock valued at $56,000 after buying an additional 2,915 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Endeavour Silver by 46,309.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 14,387 shares of the mining company's stock valued at $61,000 after buying an additional 14,356 shares during the period. Quarry LP bought a new position in Endeavour Silver in the 1st quarter worth about $82,000. Finally, Northwest & Ethical Investments L.P. purchased a new position in shares of Endeavour Silver during the first quarter worth approximately $90,000. 20.06% of the stock is currently owned by institutional investors.

Endeavour Silver Stock Down 2.2%

Shares of EXK stock traded down $0.13 during mid-day trading on Tuesday, hitting $5.88. 10,568,086 shares of the stock traded hands, compared to its average volume of 11,729,383. Endeavour Silver Corporation has a 52-week low of $2.87 and a 52-week high of $6.74. The stock has a market cap of $1.72 billion, a P/E ratio of -21.78 and a beta of 1.30. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.93 and a quick ratio of 0.65. The stock's fifty day moving average is $5.59 and its two-hundred day moving average is $4.58.

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on EXK shares. National Bankshares reiterated an "outperform" rating on shares of Endeavour Silver in a report on Wednesday, July 16th. HC Wainwright upped their target price on Endeavour Silver from $7.25 to $8.75 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Ventum Cap Mkts upgraded Endeavour Silver to a "strong-buy" rating in a research note on Friday, May 23rd. Wall Street Zen upgraded Endeavour Silver from a "sell" rating to a "hold" rating in a report on Sunday, August 17th. Finally, National Bank Financial upgraded shares of Endeavour Silver to a "strong-buy" rating in a report on Thursday, June 12th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $8.33.

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.