North Star Investment Management Corp. Makes New $1.41 Million Investment in Endeavour Silver Corporation $EXK

by · The Markets Daily

North Star Investment Management Corp. acquired a new stake in shares of Endeavour Silver Corporation (NYSE:EXKFree Report) (TSE:EDR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 151,250 shares of the mining company’s stock, valued at approximately $1,408,000. North Star Investment Management Corp. owned approximately 0.05% of Endeavour Silver as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EXK. Caitong International Asset Management Co. Ltd boosted its holdings in Endeavour Silver by 389.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,583 shares of the mining company’s stock worth $43,000 after buying an additional 3,647 shares during the last quarter. Signaturefd LLC acquired a new position in shares of Endeavour Silver during the fourth quarter valued at approximately $47,000. Swiss Life Asset Management Ltd purchased a new position in shares of Endeavour Silver in the third quarter valued at approximately $92,000. Greenberg Financial Group purchased a new position in shares of Endeavour Silver in the fourth quarter valued at approximately $94,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Endeavour Silver in the fourth quarter worth approximately $96,000. 20.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EXK has been the subject of several recent research reports. Wall Street Zen raised Endeavour Silver from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. HC Wainwright reaffirmed a “buy” rating and set a $17.00 target price on shares of Endeavour Silver in a research note on Thursday, May 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Endeavour Silver in a report on Monday, April 20th. Finally, Zacks Research upgraded shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.50.

Get Our Latest Report on EXK

Endeavour Silver Trading Down 1.1%

Shares of Endeavour Silver stock opened at $8.23 on Tuesday. The stock has a market cap of $2.44 billion, a P/E ratio of -102.92 and a beta of 1.28. The stock’s 50 day simple moving average is $9.23 and its 200-day simple moving average is $10.22. Endeavour Silver Corporation has a 1-year low of $4.75 and a 1-year high of $15.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.70 and a quick ratio of 1.39.

Endeavour Silver (NYSE:EXKGet Free Report) (TSE:EDR) last posted its quarterly earnings results on Wednesday, May 6th. The mining company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. Endeavour Silver had a positive return on equity of 9.33% and a negative net margin of 3.68%.The business had revenue of $209.70 million during the quarter, compared to analyst estimates of $200.41 million. Analysts predict that Endeavour Silver Corporation will post 0.63 EPS for the current fiscal year.

Endeavour Silver Company Profile

(Free Report)

Endeavour Silver Corp. is a Vancouver-based precious metals mining company focused on the acquisition, development and operation of silver and gold properties in Mexico. Publicly listed on the New York Stock Exchange under the ticker EXK, the company has positioned itself as a mid-tier producer with a portfolio of high-grade, operating mines and exploration assets in key mineral belts.

Endeavour Silver’s core business activities revolve around four principal underground mines located in the states of Durango, Zacatecas, Guanajuato and Jalisco.

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