U S Global Investors 13F: Cuts EXK Stake by $6.4M

U S Global Investors trimmed its holdings in Endeavour Silver Corp. EXK by 71.7% in a filing on October 22, 2026. The disclosure shows the firm parted ways with 748,000 shares during the period, lowering its total ownership to 295,200 shares. The remaining stake held a value of about $2,529,990 at the time of reporting.

EXK Endeavour Silver Corp.

$7.47 ▼ -17.18% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in U S Global Investors's Endeavour Silver Corp. Position

The fund held 1,043,200 shares prior to the adjustment. By offloading 748,000 shares, it brought its position down to 295,200 shares, reflecting a 71.7% reduction in its exposure to the silver producer.

Other Institutional Activity in Endeavour Silver Corp.

Other large investors adjusted their positions in the precious metals company around the same timeframe. Van Eck Associates Corporation reduced its holdings by 3,525,919 shares, ending with 20,027,313 shares valued at about $149,604,023. Tidal Investments LLC cut its stake by 32,367 shares, finishing with 17,949,425 shares worth approximately $134,082,200. Mirae Asset Global ETFs Holdings Ltd. grew its position by 9,451 shares, ending with 11,822,839 shares valued at roughly $88,316,604. Jupiter Asset Management Limited lowered its holdings by 1,640,574 shares, holding 10,019,512 shares worth about $74,845,752. Two Sigma Investments, LP reduced its stake by 654,686 shares, finishing with 7,508,484 shares valued at approximately $56,088,373.

Endeavour Silver Corp. Stock Down 10.1%

Endeavour Silver shares recently traded around $7.47, down about 22.7% from their 50-day moving average of $9.67 and roughly 24.2% below their 200-day moving average of $9.85. The stock sits 50.7% below its 52-week high of $15.15 and 13.2% above its 52-week low of $6.60. The company carries a market capitalization of roughly $2.27 billion and a price-to-earnings ratio of 42.5 based on trailing results, alongside a forward P/E ratio of 7.4.

Recent Earnings

The mining firm reported trailing twelve-month revenue of $737.2 million and earnings of $0.18 per share. It posted a net profit margin of 8.9% and a return on equity of 10.6%, accompanied by year-over-year revenue growth of 139.4%. The company's next earnings report is scheduled for November 9, 2026.

Analysts Set New Price Targets

Wall Street firms covering the stock remain generally upbeat. On July 9, 2026, HC Wainwright & Co. reiterated a buy rating on the stock with a $17.00 price target. Later, on August 3, 2026, B. Riley Securities maintained a buy rating while adjusting its price target from $16.00 to $14.00. Overall, the stock holds a consensus strong buy rating with three analyst opinions and a mean price target of $15.50.

About Endeavour Silver Corp.

Endeavour Silver Corp. is a precious metals mining company headquartered in Vancouver, British Columbia. The firm acquires, explores, develops, extracts, and processes mineral properties across Mexico, Chile, Peru, and the United States, focusing primarily on silver and gold deposits. Institutional interest in the company tracks shifts in broader commodity markets and the operational performance of its mining assets.

Bottom Line

Investors are keeping an eye on upcoming operational updates and the company's next earnings release on November 9, 2026. Future 13F filings will show whether other institutional funds follow U S Global Investors in reducing their exposure to the miner.