Endeavour Silver (NYSE:EXK) Stock Price Up 10.9%

Shares of Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR rose 10.9% during trading on Thursday . The stock traded as high as $3.06 and last traded at $3.04. Approximately 2,319,562 shares traded hands during trading, a decline of 54% from the average daily volume of 5,023,386 shares. The stock had previously closed at $2.74.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. HC Wainwright reduced their price target on shares of Endeavour Silver from $7.25 to $6.00 and set a "buy" rating on the stock in a research report on Thursday, January 11th. StockNews.com raised shares of Endeavour Silver to a "sell" rating in a research note on Friday, February 23rd.

Endeavour Silver Stock Performance

The stock has a market capitalization of $802.74 million, a price-to-earnings ratio of 167.00 and a beta of 1.67. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.73 and a quick ratio of 1.26. The stock has a 50-day moving average of $2.46 and a 200 day moving average of $2.09.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last issued its quarterly earnings results on Monday, March 11th. The mining company reported $0.02 EPS for the quarter. Endeavour Silver had a net margin of 2.98% and a return on equity of 2.28%. The company had revenue of $50.50 million during the quarter. During the same quarter in the prior year, the firm earned $0.04 EPS. On average, analysts expect that Endeavour Silver Corp. will post 0.07 EPS for the current year.

Institutional Trading of Endeavour Silver

Hedge funds have recently modified their holdings of the company. Van ECK Associates Corp raised its holdings in Endeavour Silver by 12.9% in the first quarter. Van ECK Associates Corp now owns 10,810,119 shares of the mining company's stock worth $26,052,000 after purchasing an additional 1,237,440 shares during the period. Jupiter Asset Management Ltd. raised its stake in Endeavour Silver by 8.7% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 5,728,758 shares of the mining company's stock worth $14,068,000 after buying an additional 459,393 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Endeavour Silver by 3.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,349,514 shares of the mining company's stock worth $12,892,000 after acquiring an additional 188,787 shares in the last quarter. Aristides Capital LLC acquired a new position in Endeavour Silver in the fourth quarter valued at about $260,000. Finally, Aigen Investment Management LP increased its holdings in shares of Endeavour Silver by 166.4% in the third quarter. Aigen Investment Management LP now owns 88,937 shares of the mining company's stock worth $216,000 after acquiring an additional 55,557 shares in the last quarter. 20.06% of the stock is currently owned by institutional investors and hedge funds.

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.