Goldman Sachs Group Inc. Has $5.59 Million Holdings in Endeavour Silver Corporation $EXK

Key Points

• Goldman Sachs Group Inc. increased its stake in Endeavour Silver Corporation by 133.1%, owning approximately 1.3 million shares worth $5.59 million.
• Endeavour Silver's stock has recently seen a 5.6% increase in value, currently trading at $6.48, with a market capitalization of $1.89 billion.
• The mining company's quarterly earnings report revealed a loss of ($0.03) per share, missing expectations, despite a revenue of $85.30 million, exceeding consensus estimates.

Goldman Sachs Group Inc. boosted its stake in shares of Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR by 133.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,309,093 shares of the mining company's stock after buying an additional 747,556 shares during the period. Goldman Sachs Group Inc. owned about 0.45% of Endeavour Silver worth $5,590,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXK. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Endeavour Silver during the 4th quarter worth about $43,000. Hohimer Wealth Management LLC raised its holdings in Endeavour Silver by 28.9% during the 1st quarter. Hohimer Wealth Management LLC now owns 13,015 shares of the mining company's stock worth $56,000 after buying an additional 2,915 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in Endeavour Silver by 46,309.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 14,387 shares of the mining company's stock worth $61,000 after buying an additional 14,356 shares during the period. Quarry LP acquired a new stake in Endeavour Silver during the 1st quarter worth about $82,000. Finally, Northwest & Ethical Investments L.P. acquired a new stake in Endeavour Silver during the 1st quarter worth about $90,000. Institutional investors and hedge funds own 20.06% of the company's stock.

Endeavour Silver Stock Up 5.6%

EXK opened at $6.48 on Tuesday. Endeavour Silver Corporation has a 1-year low of $2.95 and a 1-year high of $6.74. The company has a current ratio of 0.93, a quick ratio of 0.65 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of -23.98 and a beta of 1.30. The business has a 50 day moving average of $5.68 and a 200-day moving average of $4.65.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on EXK shares. National Bankshares reiterated an "outperform" rating on shares of Endeavour Silver in a report on Wednesday, July 16th. CIBC upped their target price on Endeavour Silver from $7.25 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, July 15th. HC Wainwright upped their target price on Endeavour Silver from $7.25 to $8.75 and gave the company a "buy" rating in a report on Wednesday, July 9th. Ventum Cap Mkts upgraded Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. Finally, National Bank Financial upgraded 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 given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $8.33.

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.

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