Walleye Capital LLC Grows Stake in Endeavour Silver Corp. (NYSE:EXK)

Walleye Capital LLC raised its stake in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 490.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 166,219 shares of the mining company's stock after acquiring an additional 138,091 shares during the period. Walleye Capital LLC owned approximately 0.06% of Endeavour Silver worth $608,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Endeavour Silver by 122.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,515,836 shares of the mining company's stock worth $23,858,000 after acquiring an additional 3,581,936 shares in the last quarter. American Century Companies Inc. grew its position in shares of Endeavour Silver by 268.9% during the fourth quarter. American Century Companies Inc. now owns 2,657,573 shares of the mining company's stock worth $9,728,000 after purchasing an additional 1,937,150 shares in the last quarter. Invesco Ltd. grew its position in shares of Endeavour Silver by 529.5% during the fourth quarter. Invesco Ltd. now owns 2,116,652 shares of the mining company's stock worth $7,747,000 after purchasing an additional 1,780,405 shares in the last quarter. CenterBook Partners LP bought a new position in Endeavour Silver during the fourth quarter valued at approximately $2,401,000. Finally, Quantbot Technologies LP boosted its stake in Endeavour Silver by 1,407.0% during the fourth quarter. Quantbot Technologies LP now owns 383,014 shares of the mining company's stock valued at $1,402,000 after buying an additional 357,599 shares during the last quarter. Institutional investors own 20.06% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on EXK. StockNews.com raised Endeavour Silver to a "sell" rating in a research note on Friday, February 28th. Raymond James assumed coverage on Endeavour Silver in a research note on Friday, March 21st. They issued an "outperform" rating for the company. Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. HC Wainwright reaffirmed a "buy" rating and issued a $7.25 price objective on shares of Endeavour Silver in a research note on Thursday, April 10th. Finally, TD Securities raised Endeavour Silver to a "strong-buy" rating in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $6.63.

Endeavour Silver Trading Up 1.4 %

Shares of EXK stock traded up $0.05 on Monday, reaching $3.69. 10,450,620 shares of the company's stock were exchanged, compared to its average volume of 7,355,977. Endeavour Silver Corp. has a 52 week low of $2.46 and a 52 week high of $5.67. 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 stock has a market capitalization of $1.02 billion, a PE ratio of -28.38 and a beta of 1.47. The company's fifty day simple moving average is $3.99 and its 200 day simple moving average is $4.12.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last issued its quarterly earnings results on Tuesday, March 11th. The mining company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.03. The firm had revenue of $42.20 million during the quarter, compared to analyst estimates of $69.90 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. As a group, analysts forecast that Endeavour Silver Corp. will post -0.07 EPS for the current 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.