Zurcher Kantonalbank Zurich Cantonalbank Raises Position in Endeavour Silver Corp. (NYSE:EXK)

Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 19.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 51,571 shares of the mining company’s stock after buying an additional 8,441 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Endeavour Silver were worth $102,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXK. Jupiter Asset Management Ltd. boosted its stake in shares of Endeavour Silver by 8.7% in the third quarter. Jupiter Asset Management Ltd. now owns 5,728,758 shares of the mining company’s stock valued at $14,068,000 after purchasing an additional 459,393 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Endeavour Silver by 2.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,160,727 shares of the mining company’s stock worth $10,167,000 after buying an additional 140,838 shares in the last quarter. Swiss National Bank lifted its stake in shares of Endeavour Silver by 2.7% in the 3rd quarter. Swiss National Bank now owns 424,200 shares of the mining company’s stock worth $1,046,000 after acquiring an additional 11,200 shares during the period. Perritt Capital Management Inc. raised its position in Endeavour Silver by 14.9% in the third quarter. Perritt Capital Management Inc. now owns 204,758 shares of the mining company’s stock worth $498,000 after acquiring an additional 26,600 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its stake in shares of Endeavour Silver by 7.7% during the 3rd quarter. CIBC Asset Management Inc now owns 171,969 shares of the mining company’s stock worth $422,000 after acquiring an additional 12,305 shares in the last quarter. 20.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on EXK. HC Wainwright reduced their price target on shares of Endeavour Silver from $7.25 to $6.00 and set a “buy” rating for the company in a research report on Thursday, January 11th. StockNews.com raised shares of Endeavour Silver to a “sell” rating in a research note on Friday, February 23rd.

Endeavour Silver Stock Performance

Shares of EXK stock opened at $3.34 on Friday. Endeavour Silver Corp. has a fifty-two week low of $1.42 and a fifty-two week high of $4.21. The stock’s 50-day moving average is $2.46 and its two-hundred day moving average is $2.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.73 and a quick ratio of 1.26. The firm has a market cap of $802.74 million, a P/E ratio of 167.00 and a beta of 1.67.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings data on Monday, March 11th. The mining company reported $0.02 EPS for the quarter. The firm had revenue of $50.50 million for the quarter. Endeavour Silver had a return on equity of 2.28% and a net margin of 2.98%. During the same quarter in the prior year, the company posted $0.04 EPS. Analysts predict that Endeavour Silver Corp. will post 0.07 earnings per share for the current fiscal year.

Endeavour Silver Profile

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.