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

Deutsche Bank AG grew 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 Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 416,856 shares of the mining company's stock after acquiring an additional 408,869 shares during the quarter. Deutsche Bank AG owned about 0.16% of Endeavour Silver worth $1,526,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of EXK. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of 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 acquiring an additional 3,581,936 shares in the last quarter. American Century Companies Inc. increased its holdings 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 valued at $9,728,000 after acquiring an additional 1,937,150 shares in the last quarter. Invesco Ltd. increased its holdings 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 valued at $7,747,000 after acquiring an additional 1,780,405 shares in the last quarter. Tudor Investment Corp ET AL increased its holdings in shares of Endeavour Silver by 781.2% during the fourth quarter. Tudor Investment Corp ET AL now owns 861,319 shares of the mining company's stock valued at $3,152,000 after acquiring an additional 763,575 shares in the last quarter. Finally, Castle Hook Partners LP bought a new stake in shares of Endeavour Silver during the fourth quarter valued at approximately $2,562,000. Institutional investors own 20.06% of the company's stock.

Endeavour Silver Stock Performance

EXK stock traded down $0.02 during midday trading on Thursday, hitting $3.61. The company's stock had a trading volume of 4,900,132 shares, compared to its average volume of 11,143,898. The stock's 50-day moving average price is $3.68 and its 200 day moving average price is $3.91. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Endeavour Silver Corp. has a 1 year low of $2.46 and a 1 year high of $5.67. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of -27.81 and a beta of 1.50.

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

Wall Street Analysts Forecast Growth

EXK has been the subject of several recent research reports. Wall Street Zen upgraded Endeavour Silver to a "sell" rating in a report on Wednesday, May 14th. HC Wainwright restated a "buy" rating and set a $7.25 price objective on shares of Endeavour Silver in a report on Wednesday, May 14th. Ventum Cap Mkts upgraded Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. TD Securities upgraded Endeavour Silver to a "strong-buy" rating in a report on Monday, March 10th. Finally, Alliance Global Partners reiterated a "buy" rating on shares of Endeavour Silver in a report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Endeavour Silver has a consensus rating of "Moderate Buy" and an average 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.