Stonehage Fleming Financial Services Holdings Ltd Buys 140,870 Shares of Endeavour Silver Corporation $EXK

Stonehage Fleming Financial Services Holdings Ltd raised its stake in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 583.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 165,020 shares of the mining company’s stock after buying an additional 140,870 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Endeavour Silver were worth $812,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC bought a new position in Endeavour Silver in the second quarter valued at approximately $29,000. Hohimer Wealth Management LLC boosted its holdings in Endeavour Silver by 28.9% during the first quarter. Hohimer Wealth Management LLC now owns 13,015 shares of the mining company’s stock worth $56,000 after purchasing an additional 2,915 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Endeavour Silver by 46,309.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 14,387 shares of the mining company’s stock worth $61,000 after purchasing an additional 14,356 shares during the last quarter. Quarry LP acquired a new position in Endeavour Silver during the first quarter worth $82,000. Finally, Northwest & Ethical Investments L.P. acquired a new position in Endeavour Silver during the first quarter worth $90,000. Institutional investors own 20.06% of the company’s stock.

Endeavour Silver Stock Performance

NYSE EXK opened at $7.66 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.65 and a debt-to-equity ratio of 0.23. The firm’s fifty day moving average price is $6.43 and its two-hundred day moving average price is $5.05. Endeavour Silver Corporation has a 1 year low of $2.95 and a 1 year high of $8.62. The firm has a market capitalization of $2.24 billion, a P/E ratio of -28.37 and a beta of 1.29.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings results on Wednesday, August 13th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.04). Endeavour Silver had a negative return on equity of 0.62% and a negative net margin of 28.49%.The firm had revenue of $85.30 million for the quarter, compared to the consensus estimate of $81.48 million. As a group, research analysts anticipate that Endeavour Silver Corporation will post -0.07 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Wall Street Zen upgraded shares of Endeavour Silver from a “sell” rating to a “hold” rating in a report on Sunday, August 17th. CIBC increased their target price on shares of Endeavour Silver from $7.25 to $10.00 and gave the stock a “neutral” rating in a report on Tuesday, July 15th. National Bankshares restated an “outperform” rating on shares of Endeavour Silver in a report on Wednesday, July 16th. Zacks Research cut shares of Endeavour Silver from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Finally, HC Wainwright increased their target price on shares of Endeavour Silver from $8.75 to $9.75 and gave the stock a “buy” rating in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $8.67.

About Endeavour Silver

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.