Endeavour Silver Corp. (NYSE:EXK) Stock Holdings Lifted by Two Sigma Investments LP

Two Sigma Investments LP lifted its position in Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 88.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 727,762 shares of the mining company's stock after buying an additional 341,468 shares during the period. Two Sigma Investments LP owned approximately 0.28% of Endeavour Silver worth $2,664,000 at the end of the most recent reporting period.

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

Endeavour Silver Stock Up 3.7%

Shares of EXK stock traded up $0.15 on Wednesday, reaching $4.23. 19,833,944 shares of the company's stock traded hands, compared to its average volume of 8,145,509. Endeavour Silver Corp. has a 12-month low of $2.46 and a 12-month high of $5.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39. The company has a market capitalization of $1.22 billion, a P/E ratio of -32.54 and a beta of 1.50. The business's 50 day moving average price is $3.62 and its two-hundred day moving average price is $3.89.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. HC Wainwright reaffirmed a "buy" rating and set a $7.25 target price on shares of Endeavour Silver in a research report on Wednesday, May 14th. TD Securities raised Endeavour Silver to a "strong-buy" rating in a research report on Monday, March 10th. Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a research report on Wednesday, March 12th. Raymond James assumed coverage on Endeavour Silver in a research report on Friday, March 21st. They set an "outperform" rating on the stock. Finally, Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a research report on Friday, May 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $6.63.

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.