Endeavour Silver Corporation $EXK Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. reduced its position in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 93.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,675 shares of the mining company’s stock after selling 326,219 shares during the period. D.A. Davidson & CO.’s holdings in Endeavour Silver were worth $112,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in EXK. Cambridge Investment Research Advisors Inc. lifted its stake in Endeavour Silver by 17.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 84,604 shares of the mining company’s stock worth $361,000 after purchasing an additional 12,660 shares during the last quarter. Alps Advisors Inc. lifted its stake in Endeavour Silver by 599.6% during the first quarter. Alps Advisors Inc. now owns 757,522 shares of the mining company’s stock worth $3,235,000 after purchasing an additional 649,246 shares during the last quarter. Hohimer Wealth Management LLC lifted its stake in Endeavour Silver by 28.9% during the first quarter. Hohimer Wealth Management LLC now owns 13,015 shares of the mining company’s stock worth $56,000 after purchasing an additional 2,915 shares during the last quarter. TD Asset Management Inc lifted its stake in Endeavour Silver by 12.1% during the first quarter. TD Asset Management Inc now owns 3,718,933 shares of the mining company’s stock worth $15,865,000 after purchasing an additional 401,394 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Endeavour Silver by 129.7% during the first quarter. LPL Financial LLC now owns 648,822 shares of the mining company’s stock worth $2,770,000 after purchasing an additional 366,302 shares during the last quarter. 20.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EXK has been the topic of several research analyst reports. Raymond James Financial restated an “outperform” rating on shares of Endeavour Silver in a research note on Friday, October 10th. HC Wainwright raised their price objective on Endeavour Silver from $9.75 to $11.00 and gave the stock a “buy” rating in a research note on Thursday. Zacks Research upgraded Endeavour Silver from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Endeavour Silver in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised Endeavour Silver from a “sell” rating to a “hold” rating in a research report on Sunday, August 17th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Endeavour Silver currently has an average rating of “Moderate Buy” and a consensus price target of $10.50.

Endeavour Silver Price Performance

Shares of NYSE EXK opened at $8.23 on Friday. Endeavour Silver Corporation has a 1-year low of $2.95 and a 1-year high of $10.37. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.93 and a quick ratio of 0.65. The business’s fifty day moving average price is $7.35 and its two-hundred day moving average price is $5.55. The firm has a market capitalization of $2.42 billion, a PE ratio of -30.46 and a beta of 1.29.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released 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 business had revenue of $85.30 million during the quarter, compared to the consensus estimate of $81.48 million. Endeavour Silver had a negative return on equity of 0.62% and a negative net margin of 28.49%. On average, research analysts expect that Endeavour Silver Corporation will post -0.07 EPS for the current 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.