B. Riley Wealth Advisors Inc. Has $556,000 Stock Position in Endeavour Silver Corp. (NYSE:EXK)

B. Riley Wealth Advisors Inc. grew its stake in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 16.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,300 shares of the mining company’s stock after purchasing an additional 19,200 shares during the period. B. Riley Wealth Advisors Inc. owned approximately 0.05% of Endeavour Silver worth $556,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Virtu Financial LLC bought a new stake in Endeavour Silver in the third quarter valued at $80,000. Barclays PLC grew its holdings in shares of Endeavour Silver by 1,730,033.3% in the 3rd quarter. Barclays PLC now owns 51,904 shares of the mining company’s stock worth $205,000 after purchasing an additional 51,901 shares during the last quarter. Geode Capital Management LLC increased its position 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 purchasing an additional 10,543 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Endeavour Silver during the 3rd quarter valued at about $261,000. Finally, National Bank of Canada FI boosted its position in Endeavour Silver by 3.4% in the third quarter. National Bank of Canada FI now owns 453,869 shares of the mining company’s stock valued at $1,788,000 after buying an additional 15,075 shares in the last quarter. 20.06% of the stock is owned by institutional investors and hedge funds.

Endeavour Silver Trading Down 1.4 %

Shares of EXK opened at $3.65 on Friday. The stock’s fifty day simple moving average is $4.55 and its 200-day simple moving average is $4.01. The firm has a market capitalization of $957.47 million, a PE ratio of -28.08 and a beta of 1.62. 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.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its earnings results on Tuesday, November 5th. The mining company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The company had revenue of $53.40 million for the quarter, compared to the consensus estimate of $54.91 million. During the same period in the prior year, the company posted ($0.04) EPS. The company’s revenue was up 7.9% compared to the same quarter last year. As a group, research analysts predict that Endeavour Silver Corp. will post -0.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

EXK has been the subject of several recent analyst reports. TD Securities initiated coverage on shares of Endeavour Silver in a report on Friday, November 29th. They set a “buy” rating for the company. HC Wainwright reiterated a “buy” rating and issued a $7.25 price objective on shares of Endeavour Silver in a research report on Wednesday. StockNews.com raised Endeavour Silver to a “sell” rating in a research note on Wednesday, November 6th. Alliance Global Partners raised their target price on Endeavour Silver from $5.25 to $6.25 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, Ventum Cap Mkts upgraded shares of Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $6.63.

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.