BNP Paribas Financial Markets Has $28.57 Million Stock Position in Endeavour Silver Corporation $EXK

BNP Paribas Financial Markets lifted its holdings in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 42.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,039,797 shares of the mining company’s stock after buying an additional 910,378 shares during the period. BNP Paribas Financial Markets’ holdings in Endeavour Silver were worth $28,574,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Montrusco Bolton Investments Inc. bought a new stake in Endeavour Silver during the 3rd quarter worth $9,514,000. Alps Advisors Inc. grew its position in Endeavour Silver by 113.9% during the 3rd quarter. Alps Advisors Inc. now owns 4,459,831 shares of the mining company’s stock worth $34,965,000 after acquiring an additional 2,374,365 shares during the last quarter. Caprock Group LLC bought a new stake in Endeavour Silver during the 3rd quarter worth $1,098,000. Tudor Investment Corp ET AL bought a new stake in Endeavour Silver during the 3rd quarter worth $14,146,000. Finally, Baader Bank Aktiengesellschaft grew its position in Endeavour Silver by 369.0% during the 3rd quarter. Baader Bank Aktiengesellschaft now owns 108,520 shares of the mining company’s stock worth $851,000 after acquiring an additional 85,383 shares during the last quarter. Institutional investors and hedge funds own 20.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded Endeavour Silver from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. HC Wainwright restated a “buy” rating and set a $17.00 price objective on shares of Endeavour Silver in a research report on Thursday, May 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Endeavour Silver in a research report on Monday, April 20th. Finally, Zacks Research upgraded Endeavour Silver from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $14.50.

Endeavour Silver Stock Up 0.7%

Shares of EXK opened at $9.24 on Friday. The company has a market capitalization of $2.73 billion, a PE ratio of -115.42 and a beta of 1.28. Endeavour Silver Corporation has a 12 month low of $4.31 and a 12 month high of $15.15. The stock’s 50-day moving average price is $9.61 and its two-hundred day moving average price is $10.23. The company has a current ratio of 1.70, a quick ratio of 1.39 and a debt-to-equity ratio of 0.37.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its earnings results on Wednesday, May 6th. The mining company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.10 by $0.11. The firm had revenue of $209.70 million for the quarter, compared to the consensus estimate of $200.41 million. Endeavour Silver had a positive return on equity of 9.33% and a negative net margin of 3.68%. On average, analysts anticipate 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.