PKO Investment Management Joint Stock Co Buys Shares of 137,000 Endeavour Silver Corporation $EXK

PKO Investment Management Joint Stock Co purchased a new position in Endeavour Silver Corporation (NYSE:EXKFree Report) (TSE:EDR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 137,000 shares of the mining company’s stock, valued at approximately $1,276,000.

Other large investors have also made changes to their positions in the company. Everstar Asset Management LLC acquired a new stake in shares of Endeavour Silver in the 1st quarter worth $140,000. Up Capital Management Inc. purchased a new stake in Endeavour Silver in the fourth quarter valued at about $402,000. PEAK6 LLC purchased a new stake in Endeavour Silver in the fourth quarter valued at about $529,000. Caitong International Asset Management Co. Ltd boosted its holdings in Endeavour Silver by 490.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 5,529 shares of the mining company’s stock worth $52,000 after acquiring an additional 4,593 shares in the last quarter. Finally, Mackenzie Financial Corp grew its stake in shares of Endeavour Silver by 23.8% during the fourth quarter. Mackenzie Financial Corp now owns 743,086 shares of the mining company’s stock worth $7,270,000 after acquiring an additional 142,923 shares during the last quarter. 20.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on EXK. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Endeavour Silver in a research report on Monday, April 20th. Wall Street Zen upgraded shares of Endeavour Silver from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. HC Wainwright reaffirmed a “buy” rating and issued a $17.00 price target on shares of Endeavour Silver in a report on Thursday, May 7th. Finally, Zacks Research upgraded shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $14.50.

Get Our Latest Stock Report on EXK

Endeavour Silver Trading Down 0.6%

Shares of NYSE:EXK opened at $8.55 on Tuesday. Endeavour Silver Corporation has a 52-week low of $4.53 and a 52-week high of $15.15. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of -106.92 and a beta of 1.28. The company has a quick ratio of 1.39, a current ratio of 1.70 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average price of $9.40 and a 200-day moving average price of $10.25.

Endeavour Silver (NYSE:EXKGet Free Report) (TSE:EDR) last released its earnings results on Wednesday, May 6th. The mining company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. The firm had revenue of $209.70 million during the quarter, compared to the consensus estimate of $200.41 million. Endeavour Silver had a positive return on equity of 9.33% and a negative net margin of 3.68%. Equities analysts predict that Endeavour Silver Corporation will post 0.63 EPS for the current year.

Endeavour Silver Profile

(Free Report)

Endeavour Silver Corp. is a Vancouver-based precious metals mining company focused on the acquisition, development and operation of silver and gold properties in Mexico. Publicly listed on the New York Stock Exchange under the ticker EXK, the company has positioned itself as a mid-tier producer with a portfolio of high-grade, operating mines and exploration assets in key mineral belts.

Endeavour Silver’s core business activities revolve around four principal underground mines located in the states of Durango, Zacatecas, Guanajuato and Jalisco.

Further Reading

Institutional Ownership by Quarter for Endeavour Silver (NYSE:EXK)

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