Dimensional Fund Advisors LP Buys 253,595 Shares of Endeavour Silver Corp. (NYSE:EXK)

Dimensional Fund Advisors LP raised its stake in Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 27.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,168,850 shares of the mining company's stock after acquiring an additional 253,595 shares during the period. Dimensional Fund Advisors LP owned approximately 0.45% of Endeavour Silver worth $4,277,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Farringdon Capital Ltd. purchased a new stake in shares of Endeavour Silver in the fourth quarter worth $55,000. Marshall Wace LLP purchased a new stake in shares of Endeavour Silver in the fourth quarter worth $175,000. PEAK6 LLC purchased a new stake in shares of Endeavour Silver in the fourth quarter worth $87,000. Walleye Capital LLC grew its stake in shares of Endeavour Silver by 490.9% in the fourth quarter. Walleye Capital LLC now owns 166,219 shares of the mining company's stock worth $608,000 after acquiring an additional 138,091 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of Endeavour Silver in the fourth quarter worth $401,000. 20.06% of the stock is owned by hedge funds and other institutional investors.

Endeavour Silver Stock Performance

EXK stock traded down $0.09 during trading on Friday, reaching $3.26. The stock had a trading volume of 14,628,926 shares, compared to its average volume of 7,732,279. Endeavour Silver Corp. has a 52 week low of $2.46 and a 52 week high of $5.67. The stock's 50 day moving average is $3.87 and its two-hundred day moving average is $3.96. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. The firm has a market cap of $942.45 million, a PE ratio of -25.04 and a beta of 1.50.

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

Analyst Ratings Changes

Several research firms recently commented on EXK. TD Securities raised Endeavour Silver to a "strong-buy" rating in a research report on Monday, March 10th. Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a research report on Wednesday, March 12th. StockNews.com raised Endeavour Silver to a "sell" rating in a research report on Wednesday. HC Wainwright reaffirmed a "buy" rating and set a $7.25 price objective on shares of Endeavour Silver in a research report on Wednesday. Finally, Raymond James began coverage on Endeavour Silver in a research report on Friday, March 21st. They set an "outperform" rating on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $6.63.

About Endeavour Silver

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.