124,500 Shares in Endeavour Silver Corporation $EXK Purchased by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. purchased a new stake in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 124,500 shares of the mining company’s stock, valued at approximately $613,000.

Several other hedge funds have also recently added to or reduced their stakes in EXK. ORG Partners LLC bought a new stake in shares of Endeavour Silver in the 2nd quarter worth $29,000. Centric Wealth Management purchased a new position in shares of Endeavour Silver during the 2nd quarter valued at $60,000. Quarry LP acquired a new position in Endeavour Silver in the 1st quarter worth about $82,000. Northwest & Ethical Investments L.P. acquired a new position in Endeavour Silver in the first quarter worth approximately $90,000. Finally, Mountain Capital Investment Advisors Inc. acquired a new stake in shares of Endeavour Silver in the 2nd quarter valued at $97,000. Institutional investors own 20.06% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on EXK. Raymond James Financial reiterated an “outperform” rating on shares of Endeavour Silver in a research note on Friday, October 10th. B. Riley lifted their target price on shares of Endeavour Silver from $7.00 to $11.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Endeavour Silver in a research note on Wednesday, October 8th. HC Wainwright reissued a “buy” rating and issued a $11.00 target price on shares of Endeavour Silver in a report on Tuesday, November 25th. Finally, CIBC upgraded shares of Endeavour Silver from a “neutral” rating to a “sector outperform” rating and set a $16.00 price target on the stock in a research report on Monday, November 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $12.67.

Endeavour Silver Stock Up 2.1%

Endeavour Silver stock opened at $9.32 on Wednesday. Endeavour Silver Corporation has a 1-year low of $2.95 and a 1-year high of $10.37. The company has a market cap of $2.75 billion, a P/E ratio of -27.42 and a beta of 1.32. The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 0.23. The company has a fifty day simple moving average of $8.32 and a 200 day simple moving average of $6.64.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued its earnings results on Friday, November 7th. The mining company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.06). The firm had revenue of $111.40 million for the quarter, compared to analyst estimates of $162.05 million. Endeavour Silver had a negative return on equity of 1.34% and a negative net margin of 31.18%. Research analysts anticipate that Endeavour Silver Corporation 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.