Tidal Investments LLC Has $40.91 Million Stock Holdings in Endeavour Silver Corp. (NYSE:EXK)

Tidal Investments LLC increased its holdings in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 52.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,178,812 shares of the mining company's stock after purchasing an additional 3,869,920 shares during the quarter. Tidal Investments LLC owned 4.26% of Endeavour Silver worth $40,914,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Schroder Investment Management Group bought a new stake in Endeavour Silver during the 4th quarter worth approximately $36,000. Alpha Cubed Investments LLC bought a new stake in Endeavour Silver during the 4th quarter worth approximately $37,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Endeavour Silver during the 4th quarter worth approximately $43,000. Farringdon Capital Ltd. bought a new stake in Endeavour Silver during the 4th quarter worth approximately $55,000. Finally, Oxford Asset Management LLP bought a new stake in Endeavour Silver during the 4th quarter worth approximately $57,000. 20.06% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

EXK has been the subject of a number of research reports. Alliance Global Partners reissued a "buy" rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. TD Securities raised Endeavour Silver to a "strong-buy" rating in a research report on Monday, March 10th. Raymond James assumed coverage on Endeavour Silver in a research report on Friday, March 21st. They set an "outperform" rating for the company. HC Wainwright reaffirmed a "buy" rating and set a $7.25 price target on shares of Endeavour Silver in a research report on Wednesday, May 14th. Finally, StockNews.com raised Endeavour Silver to a "sell" rating in a research report on Wednesday, May 14th. 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. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $6.63.

Endeavour Silver Stock Up 2.4%

Shares of NYSE EXK traded up $0.09 during trading hours on Wednesday, hitting $3.60. The company had a trading volume of 16,986,081 shares, compared to its average volume of 7,779,526. The firm's 50 day moving average is $3.82 and its 200-day moving average is $3.95. Endeavour Silver Corp. has a 1-year low of $2.46 and a 1-year high of $5.67. The stock has a market capitalization of $1.04 billion, a P/E ratio of -27.65 and a beta of 1.50. 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 (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 for the quarter, compared to analyst estimates of $83.10 million. On average, analysts expect that Endeavour Silver Corp. will post -0.07 earnings per share for the current fiscal 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.