Perissos Private Wealth Management LLC Grows Position in Endeavour Silver Corporation $EXK

Perissos Private Wealth Management LLC grew its stake in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 10.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 68,445 shares of the mining company’s stock after purchasing an additional 6,500 shares during the quarter. Perissos Private Wealth Management LLC’s holdings in Endeavour Silver were worth $337,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. ORG Partners LLC purchased a new stake in shares of Endeavour Silver during the second quarter valued at approximately $29,000. Hohimer Wealth Management LLC boosted its stake in shares of Endeavour Silver by 28.9% during the first quarter. Hohimer Wealth Management LLC now owns 13,015 shares of the mining company’s stock valued at $56,000 after purchasing an additional 2,915 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in shares of Endeavour Silver by 46,309.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 14,387 shares of the mining company’s stock valued at $61,000 after purchasing an additional 14,356 shares during the period. Quarry LP purchased a new stake in shares of Endeavour Silver during the first quarter valued at approximately $82,000. Finally, Northwest & Ethical Investments L.P. purchased a new stake in shares of Endeavour Silver during the first quarter valued at approximately $90,000. Hedge funds and other institutional investors own 20.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on EXK shares. Wall Street Zen raised Endeavour Silver from a “sell” rating to a “hold” rating in a research note on Sunday, August 17th. National Bankshares reaffirmed an “outperform” rating on shares of Endeavour Silver in a research note on Wednesday, July 16th. CIBC increased their price objective on Endeavour Silver from $7.25 to $10.00 and gave the stock a “neutral” rating in a report on Tuesday, July 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Endeavour Silver in a report on Friday. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Endeavour Silver in a report on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $9.88.

Endeavour Silver Price Performance

Shares of NYSE:EXK opened at $8.10 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 has a fifty day moving average price of $7.09 and a 200-day moving average price of $5.41. The company has a market capitalization of $2.37 billion, a PE ratio of -29.98 and a beta of 1.29.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued 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 company had revenue of $85.30 million for the quarter, compared to the consensus estimate of $81.48 million. As a group, equities analysts expect that Endeavour Silver Corporation will post -0.07 EPS 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.