597,918 Shares in Endeavour Silver Corporation $EXK Bought by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. bought a new position in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 597,918 shares of the mining company’s stock, valued at approximately $4,951,000.

Several other hedge funds have also added to or reduced their stakes in EXK. BlackRock Inc. purchased a new stake in Endeavour Silver during the second quarter valued at about $2,224,000. Deutsche Bank AG purchased a new position in shares of Endeavour Silver in the second quarter worth about $10,192,000. N.E.W. Advisory Services LLC bought a new stake in shares of Endeavour Silver in the 2nd quarter valued at about $29,000. Alberta Investment Management Corp bought a new stake in shares of Endeavour Silver in the 2nd quarter valued at about $657,000. Finally, Bank of New York Mellon Corp purchased a new stake in Endeavour Silver during the 2nd quarter valued at about $85,000. 20.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on EXK shares. B. Riley Financial assumed coverage on Endeavour Silver in a research report on Monday, August 3rd. They set a “buy” rating and a $14.00 price target on the stock. Zacks Research raised Endeavour Silver from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 30th. Weiss Ratings restated a “sell (d-)” rating on shares of Endeavour Silver in a report on Friday, July 17th. HC Wainwright reaffirmed a “buy” rating and issued a $17.00 target price on shares of Endeavour Silver in a research note on Thursday, July 9th. Finally, Wall Street Zen lowered shares of Endeavour Silver from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Endeavour Silver has an average rating of “Moderate Buy” and a consensus price target of $14.50.

Endeavour Silver Stock Up 13.7%

NYSE EXK opened at $10.98 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.97 and a quick ratio of 1.65. The stock has a market capitalization of $3.25 billion, a PE ratio of 52.30 and a beta of 1.35. Endeavour Silver Corporation has a 1 year low of $5.30 and a 1 year high of $15.15. The business’s 50-day moving average is $8.56 and its 200 day moving average is $9.67.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings results on Wednesday, July 29th. The mining company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates of $0.15. The business had revenue of $212.10 million during the quarter, compared to analyst estimates of $210.79 million. Endeavour Silver had a return on equity of 17.46% and a net margin of 9.30%. Sell-side analysts forecast that Endeavour Silver Corporation will post 0.68 earnings per share for the current year.

Endeavour Silver Company 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.