Mackenzie Financial Corp Sells 208,520 Shares of Endeavour Silver Corporation (NYSE:EXK)

Mackenzie Financial Corp trimmed its holdings in shares of Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR by 17.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 972,425 shares of the mining company's stock after selling 208,520 shares during the quarter. Mackenzie Financial Corp owned about 0.35% of Endeavour Silver worth $4,152,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in Endeavour Silver by 1.0% during the fourth quarter. LPL Financial LLC now owns 282,520 shares of the mining company's stock valued at $1,034,000 after acquiring an additional 2,661 shares during the period. Hohimer Wealth Management LLC lifted its position in shares of 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 purchasing an additional 2,915 shares during the last quarter. Vident Advisory LLC boosted its stake in Endeavour Silver by 2.8% during the 4th quarter. Vident Advisory LLC now owns 235,043 shares of the mining company's stock valued at $860,000 after purchasing an additional 6,441 shares during the period. Cantor Fitzgerald L. P. grew its holdings in Endeavour Silver by 33.0% in the 4th quarter. Cantor Fitzgerald L. P. now owns 30,200 shares of the mining company's stock valued at $111,000 after buying an additional 7,500 shares during the last quarter. Finally, Schroder Investment Management Group bought a new position in Endeavour Silver in the 4th quarter worth approximately $36,000. 20.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EXK has been the topic of several research reports. HC Wainwright boosted their price objective on shares of Endeavour Silver from $7.25 to $8.75 and gave the stock a "buy" rating in a report on Wednesday, July 9th. CIBC boosted 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. National Bank Financial upgraded Endeavour Silver to a "strong-buy" rating in a research report on Thursday, June 12th. Wall Street Zen raised Endeavour Silver from a "sell" rating to a "hold" rating in a report on Saturday, July 5th. Finally, National Bankshares restated an "outperform" rating on shares of Endeavour Silver in a research report on Wednesday, July 16th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $8.33.

Endeavour Silver Stock Down 2.0%

Shares of Endeavour Silver stock opened at $4.97 on Friday. The firm has a market cap of $1.44 billion, a PE ratio of -19.12 and a beta of 1.23. The business's 50 day simple moving average is $4.93 and its 200 day simple moving average is $4.22. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.77 and a current ratio of 1.14. Endeavour Silver Corporation has a 52-week low of $2.46 and a 52-week high of $6.04.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last posted its quarterly 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 negative net margin of 29.07% and a positive return on equity of 1.18%. The company had revenue of $63.50 million during the quarter, compared to the consensus estimate of $83.10 million. On average, analysts predict 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.

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