Intact Investment Management Inc. Takes Position in Endeavour Silver Corporation (NYSE:EXK)

Intact Investment Management Inc. acquired a new position in Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 205,500 shares of the mining company's stock, valued at approximately $877,000. Intact Investment Management Inc. owned about 0.08% of Endeavour Silver as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Schroder Investment Management Group purchased a new position in Endeavour Silver during the fourth quarter worth about $36,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Endeavour Silver in the 4th quarter worth approximately $43,000. Farringdon Capital Ltd. purchased a new position in shares of Endeavour Silver in the 4th quarter worth approximately $55,000. Oxford Asset Management LLP bought a new position in shares of Endeavour Silver in the fourth quarter valued at approximately $57,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Endeavour Silver during the fourth quarter valued at approximately $73,000. Institutional investors own 20.06% of the company's stock.

Endeavour Silver Price Performance

EXK traded down $0.08 during trading on Tuesday, reaching $4.71. 13,228,830 shares of the company were exchanged, compared to its average volume of 8,785,708. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.25. The company has a market cap of $1.36 billion, a price-to-earnings ratio of -18.10 and a beta of 1.42. Endeavour Silver Corporation has a 12-month low of $2.46 and a 12-month high of $5.67. The company's 50-day moving average is $3.93 and its two-hundred day moving average is $3.92.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last posted its earnings results 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). Endeavour Silver had a positive return on equity of 1.18% and a negative net margin of 29.07%. The firm had revenue of $63.50 million for the quarter, compared to the consensus estimate of $83.10 million. Research analysts forecast that Endeavour Silver Corporation will post -0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

EXK has been the topic of several research analyst reports. TD Securities raised Endeavour Silver to a "strong-buy" rating in a research report on Monday, March 10th. Alliance Global Partners reiterated a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. Wall Street Zen upgraded Endeavour Silver to a "sell" rating in a research note on Wednesday, May 14th. National Bank Financial raised shares of Endeavour Silver to a "strong-buy" rating in a report on Thursday, June 12th. Finally, Raymond James Financial began coverage on shares of Endeavour Silver in a research note on Friday, March 21st. They issued an "outperform" rating for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, Endeavour Silver currently has an average rating of "Buy" and a consensus target price of $6.83.

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.