Millennium Management LLC Purchases Shares of 2,166,031 Endeavour Silver Corp. (NYSE:EXK)

Millennium Management LLC purchased a new stake in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,166,031 shares of the mining company's stock, valued at approximately $7,930,000. Millennium Management LLC owned 0.83% of Endeavour Silver as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Deutsche Bank AG lifted its holdings in Endeavour Silver by 5,119.2% during the fourth quarter. Deutsche Bank AG now owns 416,856 shares of the mining company's stock valued at $1,526,000 after purchasing an additional 408,869 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Endeavour Silver by 82.4% during the fourth quarter. Renaissance Technologies LLC now owns 185,100 shares of the mining company's stock valued at $677,000 after purchasing an additional 83,600 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in Endeavour Silver during the fourth quarter valued at $732,000. Raymond James Financial Inc. purchased a new position in Endeavour Silver during the fourth quarter valued at $321,000. Finally, Balyasny Asset Management L.P. purchased a new position in Endeavour Silver during the fourth quarter valued at $820,000. Institutional investors and hedge funds own 20.06% of the company's stock.

Analyst Upgrades and Downgrades

EXK has been the topic of several recent analyst reports. TD Securities raised shares of Endeavour Silver to a "strong-buy" rating in a report on Monday, March 10th. Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a report on Wednesday, March 12th. Ventum Cap Mkts raised shares of Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. HC Wainwright reissued a "buy" rating and issued a $7.25 price target on shares of Endeavour Silver in a research note on Wednesday, May 14th. Finally, Wall Street Zen raised shares of Endeavour Silver to a "sell" rating in a research note on Wednesday, May 14th. One equities research 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $6.63.

Endeavour Silver Trading Up 1.0%

EXK stock traded up $0.04 during trading on Friday, reaching $3.60. 12,027,091 shares of the stock were exchanged, compared to its average volume of 7,942,392. 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 business has a 50 day moving average price of $3.66 and a 200-day moving average price of $3.90. Endeavour Silver Corp. has a 1 year low of $2.46 and a 1 year high of $5.67. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of -27.58 and a beta of 1.50.

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

Endeavour Silver 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.