Barclays PLC Acquires 51,901 Shares of Endeavour Silver Corp. (NYSE:EXK)

Barclays PLC grew its holdings in 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 and Exchange Commission. The institutional investor owned 51,904 shares of the mining company’s stock after purchasing an additional 51,901 shares during the period. Barclays PLC’s holdings in Endeavour Silver were worth $205,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Public Employees Retirement System of Ohio bought a new stake in shares of Endeavour Silver in the third quarter worth $261,000. National Bank of Canada FI grew its holdings in shares of Endeavour Silver by 3.4% in the third quarter. National Bank of Canada FI now owns 453,869 shares of the mining company’s stock worth $1,788,000 after acquiring an additional 15,075 shares during the period. Walleye Capital LLC bought a new stake in shares of Endeavour Silver in the third quarter worth $111,000. Quantbot Technologies LP bought a new stake in shares of Endeavour Silver in the third quarter worth $100,000. Finally, Quest Partners LLC bought a new stake in shares of Endeavour Silver in the third quarter worth $964,000. Institutional investors own 20.06% of the company’s stock.

Endeavour Silver Trading Down 0.8 %

EXK opened at $3.85 on Tuesday. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of -29.62 and a beta of 1.64. The stock’s 50 day moving average price is $4.30 and its 200-day moving average price is $4.01. Endeavour Silver Corp. has a one year low of $1.42 and a one year high of $5.67. 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 announced its quarterly earnings results on Tuesday, November 5th. The mining company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The firm had revenue of $53.40 million during the quarter, compared to analyst estimates of $54.91 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. Endeavour Silver’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.04) earnings per share. On average, equities analysts forecast that Endeavour Silver Corp. will post -0.08 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on EXK. 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. StockNews.com upgraded Endeavour Silver to a “sell” rating in a research report on Tuesday, December 24th. Ventum Cap Mkts upgraded Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. TD Securities began coverage on Endeavour Silver in a research report on Friday, November 29th. They set a “buy” rating on the stock. Finally, HC Wainwright reiterated a “buy” rating and set a $7.25 target price on shares of Endeavour Silver in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company 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.