Stonehage Fleming Financial Services Holdings Ltd Sells 22,350 Shares of Endeavour Silver Corp. (NYSE:EXK)

Stonehage Fleming Financial Services Holdings Ltd decreased its holdings in shares of Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 48.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,150 shares of the mining company’s stock after selling 22,350 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Endeavour Silver were worth $88,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in shares of Endeavour Silver by 139.6% during the third quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock valued at $57,000 after purchasing an additional 8,389 shares during the period. Alpha Cubed Investments LLC acquired a new position in shares of Endeavour Silver in the 4th quarter valued at $37,000. Geode Capital Management LLC lifted its holdings in shares of Endeavour Silver by 9.9% during the 3rd quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company’s stock worth $460,000 after acquiring an additional 10,543 shares during the period. National Bank of Canada FI lifted its holdings in shares of Endeavour Silver by 3.4% during the 3rd quarter. National Bank of Canada FI now owns 453,869 shares of the mining company’s stock worth $1,788,000 after acquiring an additional 15,075 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its position in shares of Endeavour Silver by 16.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 137,300 shares of the mining company’s stock valued at $556,000 after acquiring an additional 19,200 shares in the last quarter. Institutional investors own 20.06% of the company’s stock.

Wall Street Analyst Weigh In

EXK has been the topic of several recent analyst reports. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research note on Tuesday, December 24th. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a report on Wednesday, November 13th. Alliance Global Partners raised their price target on Endeavour Silver from $5.25 to $6.25 and gave the company a “buy” rating in a report on Tuesday, October 22nd. TD Securities initiated coverage on Endeavour Silver in a report on Friday, November 29th. They issued a “buy” rating for the company. Finally, HC Wainwright lowered their price target on shares of Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Endeavour Silver currently has a consensus rating of “Moderate Buy” and an average price target of $6.56.

Endeavour Silver Trading Up 2.4 %

Shares of Endeavour Silver stock opened at $3.67 on Monday. Endeavour Silver Corp. has a 12-month low of $1.42 and a 12-month high of $5.67. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average is $3.92 and its 200-day moving average is $4.00. The stock has a market cap of $961.40 million, a P/E ratio of -28.19 and a beta of 1.64.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings results on Tuesday, November 5th. The mining company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The firm had revenue of $53.40 million for the quarter, compared to the consensus estimate of $54.91 million. During the same quarter in the previous year, the business earned ($0.04) earnings per share. The business’s revenue was up 7.9% compared to the same quarter last year. Equities research analysts predict that Endeavour Silver Corp. will post -0.07 earnings per share for the current fiscal year.

Endeavour Silver Company 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.