151,250 Shares in Endeavour Silver Corporation $EXK Purchased by North Star Investment Management Corp.

North Star Investment Management Corp. bought a new position in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 151,250 shares of the mining company’s stock, valued at approximately $1,408,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its stake in shares of 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 valued at $43,000 after buying an additional 3,647 shares during the period. Signaturefd LLC acquired a new stake in shares of Endeavour Silver during the 4th quarter worth approximately $47,000. Swiss Life Asset Management Ltd purchased a new stake in shares of Endeavour Silver during the 3rd quarter valued at approximately $92,000. Greenberg Financial Group purchased a new stake in shares of Endeavour Silver during the 4th quarter valued at approximately $94,000. Finally, Renaissance Technologies LLC acquired a new position in Endeavour Silver in the fourth quarter valued at approximately $96,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Endeavour Silver Stock Performance

NYSE:EXK opened at $8.23 on Tuesday. Endeavour Silver Corporation has a fifty-two week low of $4.75 and a fifty-two week high of $15.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.39 and a current ratio of 1.70. The company has a 50 day moving average price of $9.23 and a 200 day moving average price of $10.22. The stock has a market capitalization of $2.44 billion, a P/E ratio of -102.92 and a beta of 1.28.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its 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 company had revenue of $209.70 million for the quarter, compared to analyst estimates of $200.41 million. Equities research analysts forecast that Endeavour Silver Corporation will post 0.63 EPS for the current year.

Endeavour Silver Company Profile

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.