UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 22,682 Shares of Endeavour Silver Corp. (NYSE:EXK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 200,792 shares of the mining company’s stock after selling 22,682 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.08% of Endeavour Silver worth $791,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. American Century Companies Inc. acquired a new position in Endeavour Silver during the 2nd quarter valued at about $589,000. Quest Partners LLC purchased a new position in shares of Endeavour Silver during the third quarter valued at approximately $964,000. Van ECK Associates Corp grew its holdings in Endeavour Silver by 2.7% during the third quarter. Van ECK Associates Corp now owns 25,125,455 shares of the mining company’s stock worth $98,994,000 after buying an additional 658,215 shares in the last quarter. National Bank of Canada FI grew its holdings in Endeavour Silver by 5,735.0% during the second quarter. National Bank of Canada FI now owns 438,794 shares of the mining company’s stock worth $1,522,000 after buying an additional 431,274 shares in the last quarter. Finally, U S Global Investors Inc. purchased a new stake in Endeavour Silver in the 3rd quarter valued at $1,382,000. Institutional investors and hedge funds own 20.06% of the company’s stock.

Endeavour Silver Stock Performance

Shares of EXK stock opened at $3.65 on Friday. Endeavour Silver Corp. has a 52 week low of $1.42 and a 52 week high of $5.67. The firm’s 50-day simple moving average is $4.55 and its two-hundred day simple moving average is $4.01. The firm has a market cap of $957.47 million, a price-to-earnings ratio of -28.08 and a beta of 1.62. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly 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 negative net margin of 13.04% and a positive return on equity of 0.97%. The company had revenue of $53.40 million for the quarter, compared to analysts’ expectations of $54.91 million. During the same quarter in the previous year, the firm posted ($0.04) EPS. Endeavour Silver’s revenue was up 7.9% on a year-over-year basis. As a group, equities analysts forecast that Endeavour Silver Corp. will post -0.08 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on EXK. Ventum Cap Mkts upgraded shares of Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. Alliance Global Partners upped their price objective on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. TD Securities initiated coverage on shares of Endeavour Silver in a research note on Friday, November 29th. They issued a “buy” rating for the company. HC Wainwright restated a “buy” rating and issued a $7.25 target price on shares of Endeavour Silver in a research note on Wednesday. Finally, StockNews.com raised Endeavour Silver to a “sell” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $6.63.

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.