Barclays PLC Boosts Stock Position in Endeavour Silver Corp. (NYSE:EXK)

Barclays PLC boosted its holdings in shares of Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 1,730,033.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 51,904 shares of the mining company’s stock after acquiring an additional 51,901 shares during the quarter. Barclays PLC’s holdings in Endeavour Silver were worth $205,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of EXK. Van ECK Associates Corp boosted its holdings in Endeavour Silver by 2.7% during the 3rd quarter. Van ECK Associates Corp now owns 25,125,455 shares of the mining company’s stock valued at $98,994,000 after acquiring an additional 658,215 shares during the period. U S Global Investors Inc. bought a new stake in Endeavour Silver during the 3rd quarter valued at $1,382,000. Quest Partners LLC bought a new stake in Endeavour Silver during the 3rd quarter valued at $964,000. American Century Companies Inc. bought a new stake in Endeavour Silver during the 2nd quarter valued at $589,000. Finally, XTX Topco Ltd raised its position in Endeavour Silver by 768.2% during the 2nd quarter. XTX Topco Ltd now owns 100,911 shares of the mining company’s stock valued at $355,000 after purchasing an additional 89,288 shares in the last quarter. Hedge funds and other institutional investors own 20.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EXK shares. Alliance Global Partners lifted their target price on Endeavour Silver from $5.25 to $6.25 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. TD Securities started coverage on Endeavour Silver in a research report on Friday, November 29th. They set a “buy” rating for the company. Ventum Cap Mkts raised Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. StockNews.com raised Endeavour Silver to a “sell” rating in a research report on Tuesday, December 24th. Finally, HC Wainwright reduced their price target on Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $6.56.

Endeavour Silver Stock Up 3.0 %

Shares of EXK opened at $3.62 on Wednesday. Endeavour Silver Corp. has a 52 week low of $1.42 and a 52 week high of $5.67. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $948.29 million, a price-to-earnings ratio of -27.81 and a beta of 1.64. The stock’s 50-day moving average price is $4.01 and its 200-day moving average price is $4.01.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last issued its earnings results on Tuesday, November 5th. The mining company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $53.40 million for the quarter, compared to the consensus estimate of $54.91 million. During the same quarter in the prior year, the business earned ($0.04) earnings per share. The company’s revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts predict that Endeavour Silver Corp. will post -0.07 EPS for the current year.

Endeavour Silver 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.