Deutsche Bank AG Acquires 408,869 Shares of Endeavour Silver Corp. (NYSE:EXK)

Deutsche Bank AG increased its position in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 5,119.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 416,856 shares of the mining company's stock after buying an additional 408,869 shares during the period. Deutsche Bank AG owned 0.16% of Endeavour Silver worth $1,526,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Renaissance Technologies LLC lifted its position in Endeavour Silver by 82.4% during the 4th quarter. Renaissance Technologies LLC now owns 185,100 shares of the mining company's stock worth $677,000 after acquiring an additional 83,600 shares during the last quarter. BNP Paribas Financial Markets bought a new position in shares of Endeavour Silver in the fourth quarter worth about $732,000. Raymond James Financial Inc. bought a new position in shares of Endeavour Silver in the fourth quarter worth about $321,000. Balyasny Asset Management L.P. acquired a new position in shares of Endeavour Silver during the 4th quarter worth about $820,000. Finally, HighTower Advisors LLC boosted its stake in Endeavour Silver by 28.3% during the 4th quarter. HighTower Advisors LLC now owns 157,201 shares of the mining company's stock valued at $575,000 after purchasing an additional 34,700 shares during the period. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXK has been the topic of several recent analyst reports. Raymond James initiated coverage on Endeavour Silver in a research report on Friday, March 21st. They issued an "outperform" rating on the stock. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research note on Friday, May 23rd. Alliance Global Partners reiterated a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. HC Wainwright reissued a "buy" rating and issued a $7.25 price target on shares of Endeavour Silver in a report on Wednesday, May 14th. Finally, Wall Street Zen upgraded shares of Endeavour Silver to a "sell" rating in a research report on Wednesday, May 14th. One equities 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 assigned a strong buy rating to the stock. According to MarketBeat.com, Endeavour Silver currently has a consensus rating of "Moderate Buy" and a consensus price target of $6.63.

Endeavour Silver Stock Performance

Shares of NYSE EXK traded down $0.07 during trading hours on Thursday, reaching $3.57. The stock had a trading volume of 12,006,696 shares, compared to its average volume of 7,925,388. The company has a market cap of $1.03 billion, a price-to-earnings ratio of -27.42 and a beta of 1.50. Endeavour Silver Corp. has a twelve month low of $2.46 and a twelve month high of $5.67. The business's fifty day moving average is $3.66 and its two-hundred day moving average is $3.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last announced its quarterly 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). Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The business had revenue of $63.50 million during the quarter, compared to the consensus estimate of $83.10 million. As a group, research analysts expect that Endeavour Silver Corp. will post -0.07 EPS for the current year.

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.