Intact Investment Management Inc. Purchases Shares of 205,500 Endeavour Silver Corporation (NYSE:EXK)

Intact Investment Management Inc. purchased a new position in shares of Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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.

Several other large investors have also recently bought and sold shares of the stock. Schroder Investment Management Group bought a new stake in shares of Endeavour Silver in the fourth quarter valued at about $36,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Endeavour Silver during the fourth quarter valued at approximately $43,000. Farringdon Capital Ltd. acquired a new position in shares of Endeavour Silver in the fourth quarter valued at $55,000. Oxford Asset Management LLP acquired a new position in shares of Endeavour Silver in the fourth quarter valued at $57,000. Finally, SBI Securities Co. Ltd. bought a new position in Endeavour Silver in the fourth quarter worth $73,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Endeavour Silver Trading Up 2.6%

EXK traded up $0.13 during mid-day trading on Thursday, hitting $4.93. The stock had a trading volume of 15,556,304 shares, compared to its average volume of 8,865,981. The stock's fifty day simple moving average is $3.96 and its 200-day simple moving average is $3.93. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of -18.94 and a beta of 1.42. Endeavour Silver Corporation has a 1-year low of $2.46 and a 1-year high of $5.67. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.14 and a quick ratio of 0.77.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last issued its quarterly earnings data on Tuesday, May 13th. The mining company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.16). The business had revenue of $63.50 million for the quarter, compared to analyst estimates of $83.10 million. Endeavour Silver had a positive return on equity of 1.18% and a negative net margin of 29.07%. As a group, research analysts forecast that Endeavour Silver Corporation will post -0.07 EPS 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.