Counterpoint Mutual Funds LLC Buys Shares of 89,549 Endeavour Silver Corporation $EXK

Counterpoint Mutual Funds LLC purchased a new stake in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 89,549 shares of the mining company’s stock, valued at approximately $834,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Endeavour Silver by 1,631.7% in the third quarter. Vanguard Group Inc. now owns 4,305,383 shares of the mining company’s stock valued at $33,720,000 after acquiring an additional 4,056,768 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Endeavour Silver by 38.1% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,902,392 shares of the mining company’s stock worth $85,474,000 after acquiring an additional 3,005,563 shares during the period. Balyasny Asset Management L.P. acquired a new stake in Endeavour Silver during the third quarter worth $20,225,000. Condire Management LP increased its stake in Endeavour Silver by 200.0% during the third quarter. Condire Management LP now owns 3,000,000 shares of the mining company’s stock worth $23,520,000 after acquiring an additional 2,000,000 shares during the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in Endeavour Silver during the third quarter worth $14,146,000. Institutional investors and hedge funds own 20.06% of the company’s stock.

Analyst Upgrades and Downgrades

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

Endeavour Silver Trading Down 0.1%

EXK opened at $8.55 on Friday. Endeavour Silver Corporation has a 12 month low of $4.75 and a 12 month high of $15.15. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of -106.87 and a beta of 1.33. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.70 and a quick ratio of 1.39. The business has a fifty day moving average price of $9.12 and a 200 day moving average price of $10.20.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings results on Wednesday, May 6th. The mining company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. The company had revenue of $209.70 million for 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%. Sell-side analysts expect that Endeavour Silver Corporation will post 0.63 earnings per share for the current fiscal 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.