Atria Wealth Solutions Inc. boosted its stake in Endeavour Silver Corporation (NYSE:EXK – Free Report) (TSE:EDR) by 23.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,494 shares of the mining company’s stock after purchasing an additional 5,116 shares during the period. Atria Wealth Solutions Inc.’s holdings in Endeavour Silver were worth $113,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Tidal Investments LLC raised its position in shares of Endeavour Silver by 52.9% in the 4th quarter. Tidal Investments LLC now owns 11,178,812 shares of the mining company’s stock worth $40,914,000 after acquiring an additional 3,869,920 shares in the last quarter. Millennium Management LLC acquired a new stake in shares of Endeavour Silver in the 4th quarter valued at about $7,930,000. Invesco Ltd. grew its stake in shares of Endeavour Silver by 529.5% in the 4th quarter. Invesco Ltd. now owns 2,116,652 shares of the mining company’s stock valued at $7,747,000 after buying an additional 1,780,405 shares during the period. Mackenzie Financial Corp grew its stake in shares of Endeavour Silver by 995.2% in the 4th quarter. Mackenzie Financial Corp now owns 1,180,945 shares of the mining company’s stock valued at $4,325,000 after buying an additional 1,073,114 shares during the period. Finally, Tudor Investment Corp ET AL grew its stake in shares of Endeavour Silver by 781.2% in the 4th quarter. Tudor Investment Corp ET AL now owns 861,319 shares of the mining company’s stock valued at $3,152,000 after buying an additional 763,575 shares during the period. 20.06% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have recently commented on EXK shares. Ventum Cap Mkts upgraded Endeavour Silver to a “strong-buy” rating in a research note on Friday, May 23rd. National Bank Financial upgraded Endeavour Silver to a “strong-buy” rating in a research note on Thursday, June 12th. National Bankshares restated an “outperform” rating on shares of Endeavour Silver in a research note on Wednesday, July 16th. Wall Street Zen upgraded Endeavour Silver from a “sell” rating to a “hold” rating in a research note on Sunday. Finally, CIBC raised their target price on Endeavour Silver from $7.25 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, July 15th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $8.33.
Endeavour Silver Price Performance
Shares of NYSE EXK opened at $5.56 on Monday. Endeavour Silver Corporation has a fifty-two week low of $2.76 and a fifty-two week high of $6.04. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of -20.59 and a beta of 1.23. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.65 and a current ratio of 0.93. The firm’s 50-day simple moving average is $5.23 and its 200 day simple moving average is $4.36.
Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) last announced its quarterly earnings results on Wednesday, August 13th. The mining company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.04). Endeavour Silver had a negative net margin of 28.49% and a negative return on equity of 0.62%. The business had revenue of $85.30 million during the quarter, compared to the consensus estimate of $81.48 million. As a group, research analysts anticipate that Endeavour Silver Corporation 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.
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