Endeavour Silver Corp. (NYSE:EXK) Shares Sold by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC cut its holdings in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 10.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,586 shares of the mining company’s stock after selling 6,982 shares during the period. Capital Investment Advisory Services LLC’s holdings in Endeavour Silver were worth $113,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Swiss National Bank lifted its holdings in Endeavour Silver by 2.7% in the third quarter. Swiss National Bank now owns 424,200 shares of the mining company’s stock valued at $1,046,000 after acquiring an additional 11,200 shares during the last quarter. Jupiter Asset Management Ltd. lifted its holdings in Endeavour Silver by 8.7% in the third quarter. Jupiter Asset Management Ltd. now owns 5,728,758 shares of the mining company’s stock valued at $14,068,000 after acquiring an additional 459,393 shares during the last quarter. Aigen Investment Management LP raised its position in Endeavour Silver by 166.4% in the third quarter. Aigen Investment Management LP now owns 88,937 shares of the mining company’s stock valued at $216,000 after purchasing an additional 55,557 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in Endeavour Silver by 2.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,160,727 shares of the mining company’s stock valued at $10,167,000 after purchasing an additional 140,838 shares during the period. Finally, CIBC Asset Management Inc raised its position in Endeavour Silver by 7.7% in the third quarter. CIBC Asset Management Inc now owns 171,969 shares of the mining company’s stock valued at $422,000 after purchasing an additional 12,305 shares during the period. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Endeavour Silver Stock Down 0.7 %

Endeavour Silver stock opened at $2.70 on Thursday. Endeavour Silver Corp. has a twelve month low of $1.42 and a twelve month high of $4.36. The stock’s fifty day simple moving average is $2.17 and its 200-day simple moving average is $2.06. The company has a current ratio of 1.73, a quick ratio of 1.26 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $648.92 million, a P/E ratio of 135.07 and a beta of 1.69.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings data on Monday, March 11th. The mining company reported $0.02 earnings per share for the quarter. Endeavour Silver had a return on equity of 2.28% and a net margin of 2.98%. The business had revenue of $50.50 million for the quarter. During the same period in the prior year, the company posted $0.04 EPS. As a group, equities analysts expect that Endeavour Silver Corp. will post 0.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on EXK shares. HC Wainwright cut their target price on Endeavour Silver from $7.25 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, January 11th. TD Securities raised Endeavour Silver from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. Finally, StockNews.com raised Endeavour Silver to a “sell” rating in a research report on Friday, February 23rd.

Endeavour Silver 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.