94,915 Shares in Endeavour Silver Corporation $EXK Acquired by Havemeyer Place LP

Havemeyer Place LP bought a new position in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 94,915 shares of the mining company’s stock, valued at approximately $892,000.

A number of other hedge funds have also added to or reduced their stakes in EXK. Millennium Management LLC increased its holdings in Endeavour Silver by 13.3% in the first quarter. Millennium Management LLC now owns 2,455,127 shares of the mining company’s stock worth $10,483,000 after purchasing an additional 289,096 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Endeavour Silver in the first quarter worth approximately $100,000. Goldman Sachs Group Inc. increased its holdings in Endeavour Silver by 133.1% in the first quarter. Goldman Sachs Group Inc. now owns 1,309,093 shares of the mining company’s stock worth $5,590,000 after purchasing an additional 747,556 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Endeavour Silver by 162.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 527,300 shares of the mining company’s stock worth $2,252,000 after purchasing an additional 326,508 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Endeavour Silver by 3.8% in the second quarter. Geode Capital Management LLC now owns 144,333 shares of the mining company’s stock worth $714,000 after purchasing an additional 5,303 shares in the last quarter. 20.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EXK has been the subject of a number of research analyst reports. HC Wainwright reiterated a “buy” rating and issued a $17.00 target price on shares of Endeavour Silver in a report on Thursday, May 7th. Wall Street Zen upgraded Endeavour Silver from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Zacks Research upgraded Endeavour Silver from a “strong sell” rating to a “hold” rating in a report on Thursday, April 30th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Endeavour Silver in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Endeavour Silver presently has a consensus rating of “Moderate Buy” and an average target price of $14.50.

Endeavour Silver Trading Up 0.3%

NYSE EXK opened at $8.03 on Tuesday. The company has a market cap of $2.38 billion, a price-to-earnings ratio of -100.30 and a beta of 1.28. Endeavour Silver Corporation has a 52 week low of $4.53 and a 52 week high of $15.15. The business has a 50 day moving average price of $9.58 and a 200-day moving average price of $10.23. The company has a quick ratio of 1.39, a current ratio of 1.70 and a debt-to-equity ratio of 0.37.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings data on Wednesday, May 6th. The mining company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.10 by $0.11. The firm had revenue of $209.70 million during the quarter, compared to the consensus estimate of $200.41 million. Endeavour Silver had a positive return on equity of 9.33% and a negative net margin of 3.68%. As a group, equities analysts expect that Endeavour Silver Corporation will post 0.63 earnings per share for the current fiscal year.

About Endeavour Silver

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.