JPMorgan Chase & Co. Sells 513,824 Shares of Endeavour Silver Corp. (NYSE:EXK)

JPMorgan Chase & Co. lowered its stake in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 60.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 343,011 shares of the mining company's stock after selling 513,824 shares during the period. JPMorgan Chase & Co. owned approximately 0.13% of Endeavour Silver worth $1,255,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Barclays PLC raised its position in shares of Endeavour Silver by 1,730,033.3% in the 3rd quarter. Barclays PLC now owns 51,904 shares of the mining company's stock worth $205,000 after buying an additional 51,901 shares during the period. HighTower Advisors LLC raised its holdings in shares of Endeavour Silver by 28.3% in the 4th quarter. HighTower Advisors LLC now owns 157,201 shares of the mining company's stock worth $575,000 after purchasing an additional 34,700 shares during the period. Sprott Inc. lifted its stake in shares of Endeavour Silver by 23.1% in the 4th quarter. Sprott Inc. now owns 1,586,302 shares of the mining company's stock valued at $5,809,000 after purchasing an additional 298,091 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Endeavour Silver by 268.9% during the 4th quarter. American Century Companies Inc. now owns 2,657,573 shares of the mining company's stock worth $9,728,000 after purchasing an additional 1,937,150 shares during the period. Finally, LPL Financial LLC increased its position in Endeavour Silver by 1.0% during the 4th quarter. LPL Financial LLC now owns 282,520 shares of the mining company's stock worth $1,034,000 after purchasing an additional 2,661 shares in the last quarter. Institutional investors and hedge funds own 20.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. StockNews.com raised shares of Endeavour Silver to a "sell" rating in a research note on Friday, February 28th. Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a research report on Wednesday, March 12th. HC Wainwright reiterated a "buy" rating and set a $7.25 target price on shares of Endeavour Silver in a report on Thursday, April 10th. Raymond James assumed coverage on shares of Endeavour Silver in a research report on Friday, March 21st. They issued an "outperform" rating for the company. Finally, TD Securities raised shares of Endeavour Silver to a "strong-buy" rating in a research report on Monday, March 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $6.63.

Endeavour Silver Trading Down 4.0 %

Shares of EXK stock traded down $0.15 during trading hours on Thursday, reaching $3.50. 2,571,761 shares of the stock traded hands, compared to its average volume of 7,387,870. The business has a fifty day moving average price of $3.98 and a 200 day moving average price of $4.11. The firm has a market capitalization of $961.86 million, a PE ratio of -26.88 and a beta of 1.47. 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.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last issued its quarterly earnings data on Tuesday, March 11th. The mining company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. The firm had revenue of $42.20 million for the quarter, compared to analyst estimates of $69.90 million. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. On average, equities research analysts forecast that Endeavour Silver Corp. will post -0.07 EPS for the current 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.