BNP Paribas Financial Markets Takes $732,000 Position in Endeavour Silver Corp. (NYSE:EXK)

BNP Paribas Financial Markets bought a new position in shares of Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 199,998 shares of the mining company’s stock, valued at approximately $732,000. BNP Paribas Financial Markets owned about 0.08% of Endeavour Silver at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Perissos Private Wealth Management LLC boosted its position in Endeavour Silver by 187.0% during the fourth quarter. Perissos Private Wealth Management LLC now owns 100,455 shares of the mining company’s stock worth $368,000 after purchasing an additional 65,455 shares during the period. CIBC Asset Management Inc bought a new stake in shares of Endeavour Silver during the 4th quarter worth about $119,000. Y Intercept Hong Kong Ltd bought a new position in Endeavour Silver in the 4th quarter valued at about $203,000. Sprott Inc. lifted its position in Endeavour Silver by 23.1% during the fourth quarter. Sprott Inc. now owns 1,586,302 shares of the mining company’s stock worth $5,809,000 after acquiring an additional 298,091 shares during the last quarter. Finally, U S Global Investors Inc. lifted its position in Endeavour Silver by 21.4% during the fourth quarter. U S Global Investors Inc. now owns 425,000 shares of the mining company’s stock worth $1,557,000 after acquiring an additional 75,000 shares during the last quarter. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. HC Wainwright reiterated a “buy” rating and set a $7.25 target price on shares of Endeavour Silver in a research note on Wednesday, May 14th. Raymond James began coverage on Endeavour Silver in a research report on Friday, March 21st. They set an “outperform” rating on the stock. Wall Street Zen raised shares of Endeavour Silver to a “sell” rating in a research report on Wednesday, May 14th. Alliance Global Partners restated a “buy” rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. Finally, TD Securities upgraded shares of Endeavour Silver to a “strong-buy” rating in a research note on Monday, March 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $6.63.

Endeavour Silver Trading Down 1.7%

Shares of Endeavour Silver stock opened at $3.53 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Endeavour Silver Corp. has a 12-month low of $2.46 and a 12-month high of $5.67. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of -27.15 and a beta of 1.50. The firm’s 50-day moving average price is $3.78 and its two-hundred day moving average price is $3.94.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings data on Tuesday, May 13th. The mining company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.16). Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The firm had revenue of $63.50 million during the quarter, compared to the consensus estimate of $83.10 million. On average, analysts forecast that Endeavour Silver Corp. will post -0.07 earnings per share 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.