Endeavour Silver Corp. (NYSE:EXK) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its holdings in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 3.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 963,888 shares of the mining company’s stock after selling 35,772 shares during the period. Dimensional Fund Advisors LP owned 0.39% of Endeavour Silver worth $3,393,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. MCIA Inc acquired a new stake in shares of Endeavour Silver during the 1st quarter valued at approximately $34,000. Baader Bank Aktiengesellschaft purchased a new stake in Endeavour Silver in the 2nd quarter worth approximately $42,000. Hohimer Wealth Management LLC bought a new position in shares of Endeavour Silver in the second quarter worth about $42,000. SG Americas Securities LLC grew its stake in shares of Endeavour Silver by 61.6% in the 1st quarter. SG Americas Securities LLC now owns 20,603 shares of the mining company’s stock valued at $50,000 after purchasing an additional 7,852 shares during the period. Finally, Oxbow Advisors LLC acquired a new position in shares of Endeavour Silver during the second quarter valued at $51,000. 20.06% of the stock is currently owned by hedge funds and other institutional investors.

Endeavour Silver Price Performance

Endeavour Silver stock opened at $4.37 on Friday. Endeavour Silver Corp. has a 12-month low of $1.42 and a 12-month high of $5.02. The company has a fifty day simple moving average of $3.43 and a 200-day simple moving average of $3.46. The company has a current ratio of 2.02, a quick ratio of 1.65 and a debt-to-equity ratio of 0.14. The stock has a market cap of $1.07 billion, a P/E ratio of -217.50 and a beta of 1.71.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its earnings results on Thursday, August 1st. The mining company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.04). Endeavour Silver had a negative net margin of 6.53% and a negative return on equity of 1.25%. The business had revenue of $58.30 million for the quarter, compared to analysts’ expectations of $62.01 million. During the same quarter last year, the company posted $0.01 earnings per share. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. Equities analysts expect that Endeavour Silver Corp. will post 0.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on EXK shares. HC Wainwright decreased their price objective on Endeavour Silver from $6.25 to $6.00 and set a “buy” rating on the stock in a report on Wednesday. BMO Capital Markets initiated coverage on Endeavour Silver in a research note on Monday, June 17th. They set an “outperform” rating and a $6.00 price target for the company. Alliance Global Partners increased their target price on Endeavour Silver from $4.00 to $5.25 and gave the stock a “buy” rating in a research report on Wednesday, July 10th. Finally, CIBC boosted their price target on Endeavour Silver from $6.00 to $7.00 and gave the company a “neutral” rating in a research note on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. According to MarketBeat, Endeavour Silver currently has a consensus rating of “Moderate Buy” and an average price target of $6.06.

Endeavour Silver Company 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.