208,072 Shares in Endeavour Silver Corporation $EXK Acquired by Nuveen LLC

Nuveen LLC purchased a new position in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 208,072 shares of the mining company’s stock, valued at approximately $888,000. Nuveen LLC owned approximately 0.08% of Endeavour Silver as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Endeavour Silver in the fourth quarter valued at $43,000. Hohimer Wealth Management LLC boosted its position in shares of Endeavour Silver by 28.9% during the 1st quarter. Hohimer Wealth Management LLC now owns 13,015 shares of the mining company’s stock worth $56,000 after acquiring an additional 2,915 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in shares of Endeavour Silver by 23.9% during the first quarter. Atria Wealth Solutions Inc. now owns 26,494 shares of the mining company’s stock worth $113,000 after purchasing an additional 5,116 shares during the last quarter. Cantor Fitzgerald L. P. grew its holdings in shares of Endeavour Silver by 33.0% during the fourth quarter. Cantor Fitzgerald L. P. now owns 30,200 shares of the mining company’s stock worth $111,000 after purchasing an additional 7,500 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Endeavour Silver during the 4th quarter worth approximately $175,000. Institutional investors and hedge funds own 20.06% of the company’s stock.

Endeavour Silver Trading Up 4.2%

NYSE:EXK opened at $6.51 on Wednesday. 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 stock has a market cap of $1.89 billion, a price-to-earnings ratio of -24.09 and a beta of 1.30. The business has a fifty day moving average of $5.47 and a 200-day moving average of $4.50. Endeavour Silver Corporation has a 1 year low of $2.76 and a 1 year high of $6.57.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings results on Wednesday, August 13th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.04). The company had revenue of $85.30 million during the quarter, compared to the consensus estimate of $81.48 million. Endeavour Silver had a negative net margin of 28.49% and a negative return on equity of 0.62%. Equities analysts predict that Endeavour Silver Corporation will post -0.07 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. National Bankshares reissued an “outperform” rating on shares of Endeavour Silver in a report on Wednesday, July 16th. Wall Street Zen raised shares of Endeavour Silver from a “sell” rating to a “hold” rating in a research report on Sunday, August 17th. HC Wainwright boosted their target price on shares of Endeavour Silver from $7.25 to $8.75 and gave the company a “buy” rating in a report on Wednesday, July 9th. National Bank Financial raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Thursday, June 12th. Finally, CIBC lifted their price objective on shares of Endeavour Silver from $7.25 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, July 15th. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $8.33.

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.