Squarepoint Ops LLC Lowers Stake in Endeavour Silver Corp. (NYSE:EXK)

Squarepoint Ops LLC trimmed its position in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 32.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 239,793 shares of the mining company's stock after selling 114,031 shares during the quarter. Squarepoint Ops LLC owned approximately 0.09% of Endeavour Silver worth $878,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Schroder Investment Management Group purchased a new position in shares of Endeavour Silver during the 4th quarter worth approximately $36,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Endeavour Silver during the 4th quarter valued at $43,000. Farringdon Capital Ltd. purchased a new position in Endeavour Silver during the fourth quarter worth $55,000. Oxford Asset Management LLP acquired a new position in shares of Endeavour Silver in the fourth quarter worth $57,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Endeavour Silver in the fourth quarter worth $73,000. Institutional investors and hedge funds own 20.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on EXK. Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. TD Securities raised shares of Endeavour Silver to a "strong-buy" rating in a research note on Monday, March 10th. Wall Street Zen raised shares of Endeavour Silver to a "sell" rating in a research report on Wednesday, May 14th. HC Wainwright reissued a "buy" rating and set a $7.25 price objective on shares of Endeavour Silver in a research note on Wednesday, May 14th. Finally, Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research report on Friday, May 23rd. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Endeavour Silver has an average rating of "Moderate Buy" and a consensus target price of $6.63.

Endeavour Silver Trading Up 2.9%

EXK traded up $0.12 during midday trading on Tuesday, hitting $4.09. The company's stock had a trading volume of 17,896,883 shares, compared to its average volume of 8,078,357. Endeavour Silver Corp. has a 52-week low of $2.46 and a 52-week high of $5.67. The firm has a 50-day moving average price of $3.63 and a two-hundred day moving average price of $3.88. 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 $1.18 billion, a P/E ratio of -31.42 and a beta of 1.50.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last released its earnings results on Tuesday, May 13th. The mining company reported ($0.13) earnings per share (EPS) 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 company had revenue of $63.50 million during the quarter, compared to analysts' expectations of $83.10 million. On average, research analysts anticipate that Endeavour Silver Corp. will post -0.07 earnings per share 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.