Endeavour Silver Corporation $EXK Shares Sold by Fiscal Wisdom Wealth Management LLC

Fiscal Wisdom Wealth Management LLC cut its holdings in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 85.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 70,279 shares of the mining company’s stock after selling 414,650 shares during the quarter. Fiscal Wisdom Wealth Management LLC’s holdings in Endeavour Silver were worth $654,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in EXK. Caitong International Asset Management Co. Ltd grew its holdings in Endeavour Silver by 389.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,583 shares of the mining company’s stock valued at $43,000 after buying an additional 3,647 shares during the period. Signaturefd LLC purchased a new position in shares of Endeavour Silver during the 4th quarter worth about $47,000. Swiss Life Asset Management Ltd acquired a new stake in shares of Endeavour Silver in the third quarter worth approximately $92,000. Greenberg Financial Group acquired a new stake in shares of Endeavour Silver in the fourth quarter worth approximately $94,000. Finally, Renaissance Technologies LLC purchased a new stake in Endeavour Silver in the fourth quarter valued at approximately $96,000. 20.06% of the stock is owned by institutional investors and hedge funds.

Endeavour Silver Stock Performance

NYSE EXK opened at $7.49 on Friday. The firm has a market capitalization of $2.22 billion, a P/E ratio of -93.61 and a beta of 1.33. Endeavour Silver Corporation has a 1-year low of $4.91 and a 1-year high of $15.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.70 and a quick ratio of 1.39. The business’s 50-day simple moving average is $8.87 and its 200-day simple moving average is $10.10.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its earnings results on Wednesday, May 6th. The mining company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. Endeavour Silver had a negative net margin of 3.68% and a positive return on equity of 9.33%. The firm had revenue of $209.70 million during the quarter, compared to the consensus estimate of $200.41 million. Equities analysts predict that Endeavour Silver Corporation will post 0.64 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on EXK. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Endeavour Silver in a research report on Monday, April 20th. Zacks Research raised shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 30th. Wall Street Zen upgraded Endeavour Silver from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, HC Wainwright restated a “buy” rating and set a $17.00 price objective on shares of Endeavour Silver in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $14.50.

Endeavour Silver Profile

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.