Banque Cantonale Vaudoise Lowers Stock Holdings in Endeavour Silver Corp. (NYSE:EXK)

Banque Cantonale Vaudoise lowered its position in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 33.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,596 shares of the mining company’s stock after selling 8,157 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Endeavour Silver were worth $65,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. SG Americas Securities LLC raised its holdings in shares of Endeavour Silver by 61.6% during the 1st quarter. SG Americas Securities LLC now owns 20,603 shares of the mining company’s stock valued at $50,000 after buying an additional 7,852 shares during the period. B. Riley Wealth Advisors Inc. lifted its holdings in Endeavour Silver by 9.7% in the first quarter. B. Riley Wealth Advisors Inc. now owns 76,800 shares of the mining company’s stock worth $187,000 after acquiring an additional 6,800 shares during the last quarter. Tidal Investments LLC bought a new position in Endeavour Silver in the 1st quarter worth about $19,008,000. Virtu Financial LLC grew its position in Endeavour Silver by 158.3% in the 1st quarter. Virtu Financial LLC now owns 147,287 shares of the mining company’s stock worth $355,000 after purchasing an additional 90,259 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft acquired a new position in shares of Endeavour Silver during the second quarter valued at approximately $42,000. 20.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Ventum Cap Mkts upgraded shares of Endeavour Silver to a “strong-buy” rating in a report on Wednesday, November 13th. StockNews.com upgraded Endeavour Silver to a “sell” rating in a report on Wednesday, November 6th. HC Wainwright lifted their price target on Endeavour Silver from $6.00 to $7.25 and gave the company a “buy” rating in a report on Wednesday, November 6th. Finally, Alliance Global Partners lifted their price target on Endeavour Silver from $5.25 to $6.25 and gave the company a “buy” rating in a report on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.63.

Endeavour Silver Stock Down 0.9 %

Shares of NYSE:EXK opened at $4.46 on Friday. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of -34.35 and a beta of 1.67. The company has a 50 day moving average of $4.50 and a 200-day moving average of $3.94. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. Endeavour Silver Corp. has a one year low of $1.42 and a one year high of $5.67.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued its quarterly earnings data on Tuesday, November 5th. The mining company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The business had revenue of $53.40 million during the quarter, compared to analyst estimates of $54.91 million. During the same period in the previous year, the firm earned ($0.04) EPS. Endeavour Silver’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts forecast that Endeavour Silver Corp. will post 0.04 earnings per share for the current 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.