Cubist Systematic Strategies LLC Makes New Investment in Endeavour Silver Corp. (NYSE:EXK)

Cubist Systematic Strategies LLC bought a new stake in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 250,136 shares of the mining company's stock, valued at approximately $916,000. Cubist Systematic Strategies LLC owned approximately 0.10% of Endeavour Silver as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Jupiter Asset Management Ltd. boosted its holdings in shares of Endeavour Silver by 0.9% during the 4th quarter. Jupiter Asset Management Ltd. now owns 10,792,069 shares of the mining company's stock valued at $39,545,000 after acquiring an additional 99,900 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Endeavour Silver by 122.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,515,836 shares of the mining company's stock valued at $23,858,000 after purchasing an additional 3,581,936 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Endeavour Silver by 268.9% in the fourth quarter. American Century Companies Inc. now owns 2,657,573 shares of the mining company's stock worth $9,728,000 after buying an additional 1,937,150 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Endeavour Silver by 529.5% in the fourth quarter. Invesco Ltd. now owns 2,116,652 shares of the mining company's stock worth $7,747,000 after buying an additional 1,780,405 shares in the last quarter. Finally, Sprott Inc. grew its stake in Endeavour Silver by 23.1% during the fourth quarter. Sprott Inc. now owns 1,586,302 shares of the mining company's stock valued at $5,809,000 after acquiring an additional 298,091 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 research analyst reports. TD Securities upgraded shares of Endeavour Silver to a "strong-buy" rating in a research note on Monday, March 10th. StockNews.com upgraded shares of Endeavour Silver to a "sell" rating in a research note on Wednesday, May 14th. Alliance Global Partners reiterated a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. Raymond James initiated coverage on shares of Endeavour Silver in a research note on Friday, March 21st. They issued an "outperform" rating on the stock. Finally, HC Wainwright reiterated a "buy" rating and issued a $7.25 price target on shares of Endeavour Silver in a research note on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $6.63.

Endeavour Silver Price Performance

Shares of NYSE EXK traded up $0.05 during mid-day trading on Tuesday, hitting $3.38. 2,574,913 shares of the company's stock traded hands, compared to its average volume of 7,714,528. The company's 50-day moving average is $3.85 and its two-hundred day moving average is $3.95. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. The company has a market capitalization of $977.20 million, a P/E ratio of -25.88 and a beta of 1.50. Endeavour Silver Corp. has a 1 year low of $2.46 and a 1 year high of $5.67.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last announced its earnings results on Tuesday, May 13th. The mining company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.16). The business had revenue of $63.50 million for the quarter, compared to analysts' expectations of $83.10 million. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. On average, equities analysts anticipate that Endeavour Silver Corp. will post -0.07 EPS 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.