390,000 Shares in Endeavour Silver Corporation $EXK Bought by Sagil Capital LLP

Sagil Capital LLP acquired a new position in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 390,000 shares of the mining company’s stock, valued at approximately $3,666,000. Endeavour Silver comprises about 0.8% of Sagil Capital LLP’s investment portfolio, making the stock its 13th biggest position. Sagil Capital LLP owned 0.13% of Endeavour Silver as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXK. Signaturefd LLC acquired a new position in Endeavour Silver during the fourth quarter worth $47,000. Swiss Life Asset Management Ltd acquired a new position in Endeavour Silver during the third quarter worth $92,000. Greenberg Financial Group acquired a new position in Endeavour Silver during the fourth quarter worth $94,000. Franklin Resources Inc. acquired a new position in Endeavour Silver during the fourth quarter worth $100,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Endeavour Silver during the first quarter worth $100,000. 20.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on EXK shares. Wall Street Zen raised Endeavour Silver from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. HC Wainwright reissued a “buy” rating and issued a $17.00 price target on shares of Endeavour Silver in a report on Thursday, May 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of Endeavour Silver in a report on Monday, April 20th. Finally, Zacks Research raised Endeavour Silver from a “strong sell” rating to a “hold” rating in a report on Thursday, April 30th. One equities research 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.50.

Endeavour Silver Stock Performance

NYSE EXK opened at $8.08 on Friday. Endeavour Silver Corporation has a fifty-two week low of $4.53 and a fifty-two week high of $15.15. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of -101.02 and a beta of 1.28. The business has a fifty day moving average of $9.51 and a 200-day moving average of $10.24. The company has a quick ratio of 1.39, a current ratio of 1.70 and a debt-to-equity ratio of 0.37.

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

About Endeavour Silver

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.