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U S Global Investors Inc. Sells 107,500 Shares of Endeavour Silver Corporation $EXK

Endeavour Silver logo with Basic Materials background
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Key Points

  • U S Global Investors sold 107,500 shares of Endeavour Silver, cutting its stake by 23.8% to 345,000 shares (about $3.25 million), leaving institutional investors with roughly 20.06% ownership.
  • The company reported a weak quarter—EPS $0.02 missed consensus $0.03 and revenue $172.6M missed $228M—while the stock opened at $9.46, trading in a 12‑month range of $3.14–$15.15.
  • Analysts are mixed but generally positive: the consensus is a “Moderate Buy” with a $14.50 target, several buy/outperform ratings (including B. Riley raising its target to $14) alongside a lone sell from Weiss Ratings.
  • MarketBeat previews the top five stocks to own by May 1st.

U S Global Investors Inc. lowered its stake in Endeavour Silver Corporation (NYSE:EXK - Free Report) TSE: EDR by 23.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 345,000 shares of the mining company's stock after selling 107,500 shares during the quarter. U S Global Investors Inc. owned about 0.12% of Endeavour Silver worth $3,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC bought a new position in shares of Endeavour Silver in the fourth quarter worth about $47,000. Greenberg Financial Group bought a new position in shares of Endeavour Silver in the fourth quarter worth about $94,000. Andina Capital Management LLC bought a new position in shares of Endeavour Silver in the third quarter worth about $89,000. Swiss Life Asset Management Ltd bought a new position in shares of Endeavour Silver in the third quarter worth about $92,000. Finally, Hohimer Wealth Management LLC raised its stake in Endeavour Silver by 16.6% during the 3rd quarter. Hohimer Wealth Management LLC now owns 14,415 shares of the mining company's stock valued at $113,000 after purchasing an additional 2,050 shares during the period. Institutional investors own 20.06% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on EXK shares. Raymond James Financial reissued an "outperform" rating on shares of Endeavour Silver in a research note on Wednesday, January 14th. BMO Capital Markets reissued an "outperform" rating on shares of Endeavour Silver in a research note on Monday, January 19th. iA Financial set a $11.00 target price on Endeavour Silver in a research note on Friday, January 9th. Weiss Ratings reissued a "sell (d-)" rating on shares of Endeavour Silver in a research note on Monday. Finally, B. Riley Financial lifted their target price on Endeavour Silver from $11.00 to $14.00 and gave the company a "buy" rating in a research note on Tuesday, January 13th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Endeavour Silver presently has an average rating of "Moderate Buy" and a consensus target price of $14.50.

Read Our Latest Report on Endeavour Silver

Endeavour Silver Stock Down 2.7%

Shares of EXK opened at $9.46 on Friday. The business's 50 day moving average is $10.55 and its 200 day moving average is $9.90. The company has a market capitalization of $2.80 billion, a PE ratio of -22.51 and a beta of 1.38. Endeavour Silver Corporation has a 12-month low of $3.14 and a 12-month high of $15.15. The company has a current ratio of 1.53, a quick ratio of 1.30 and a debt-to-equity ratio of 0.41.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last issued its earnings results on Friday, February 27th. The mining company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The business had revenue of $172.60 million for the quarter, compared to the consensus estimate of $227.99 million. Endeavour Silver had a negative net margin of 27.52% and a negative return on equity of 1.29%. Research analysts expect that Endeavour Silver Corporation will post 0.56 earnings per share for the current fiscal year.

About Endeavour Silver

(Free Report)

Endeavour Silver Corp. is a Vancouver-based precious metals mining company focused on the acquisition, development and operation of silver and gold properties in Mexico. Publicly listed on the New York Stock Exchange under the ticker EXK, the company has positioned itself as a mid-tier producer with a portfolio of high-grade, operating mines and exploration assets in key mineral belts.

Endeavour Silver's core business activities revolve around four principal underground mines located in the states of Durango, Zacatecas, Guanajuato and Jalisco.

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Institutional Ownership by Quarter for Endeavour Silver (NYSE:EXK)

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