Edmond DE Rothschild Holding S.A. Invests $916,000 in Endeavour Silver Corp. (NYSE:EXK)

Edmond DE Rothschild Holding S.A. purchased a new stake in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 250,212 shares of the mining company’s stock, valued at approximately $916,000. Edmond DE Rothschild Holding S.A. owned 0.10% of Endeavour Silver as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Endeavour Silver by 122.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,515,836 shares of the mining company’s stock valued at $23,858,000 after purchasing an additional 3,581,936 shares during the last quarter. American Century Companies Inc. grew its position in Endeavour Silver by 268.9% in the 4th quarter. American Century Companies Inc. now owns 2,657,573 shares of the mining company’s stock valued at $9,728,000 after buying an additional 1,937,150 shares during the last quarter. Quantbot Technologies LP increased its stake in Endeavour Silver by 1,407.0% in the 4th quarter. Quantbot Technologies LP now owns 383,014 shares of the mining company’s stock valued at $1,402,000 after buying an additional 357,599 shares during the period. Sprott Inc. raised its position in Endeavour Silver by 23.1% during the 4th quarter. Sprott Inc. now owns 1,586,302 shares of the mining company’s stock worth $5,809,000 after buying an additional 298,091 shares during the last quarter. Finally, Vestcor Inc acquired a new stake in shares of Endeavour Silver in the 4th quarter worth $549,000. 20.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EXK has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research note on Friday, February 28th. TD Securities upgraded Endeavour Silver to a “strong-buy” rating in a research report on Monday, March 10th. Alliance Global Partners reissued a “buy” rating on shares of Endeavour Silver in a report on Wednesday, March 12th. HC Wainwright upped their price objective on Endeavour Silver from $7.00 to $7.25 and gave the stock a “buy” rating in a report on Wednesday, March 12th. Finally, Raymond James assumed coverage on Endeavour Silver in a report on Friday, March 21st. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and two have issued a strong buy 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 $6.63.

Endeavour Silver Stock Performance

NYSE EXK opened at $3.78 on Wednesday. The business has a 50 day moving average price of $4.10 and a 200 day moving average price of $4.17. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. The company has a market capitalization of $990.27 million, a P/E ratio of -29.04 and a beta of 1.55. Endeavour Silver Corp. has a 1-year low of $2.42 and a 1-year high of $5.67.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings results on Tuesday, March 11th. The mining company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.03. The business had revenue of $42.20 million during the quarter, compared to the consensus estimate of $69.90 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. Sell-side analysts expect that Endeavour Silver Corp. will post -0.07 EPS for the current fiscal year.

About Endeavour Silver

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.