XTX Topco Ltd Invests $401,000 in Endeavour Silver Corp. (NYSE:EXK)

XTX Topco Ltd purchased a new position in Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 109,441 shares of the mining company's stock, valued at approximately $401,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Jupiter Asset Management Ltd. increased its stake in shares of Endeavour Silver by 0.9% in the fourth quarter. Jupiter Asset Management Ltd. now owns 10,792,069 shares of the mining company's stock worth $39,545,000 after acquiring an additional 99,900 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its position in Endeavour Silver by 122.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,515,836 shares of the mining company's stock valued at $23,858,000 after buying an additional 3,581,936 shares during the period. American Century Companies Inc. grew its position in Endeavour Silver by 268.9% during the fourth quarter. American Century Companies Inc. now owns 2,657,573 shares of the mining company's stock valued at $9,728,000 after buying an additional 1,937,150 shares during the period. Invesco Ltd. grew its position in Endeavour Silver by 529.5% during the fourth quarter. Invesco Ltd. now owns 2,116,652 shares of the mining company's stock valued at $7,747,000 after buying an additional 1,780,405 shares during the period. Finally, Sprott Inc. grew its position in Endeavour Silver by 23.1% during the fourth quarter. Sprott Inc. now owns 1,586,302 shares of the mining company's stock valued at $5,809,000 after buying an additional 298,091 shares during the period. Hedge funds and other institutional investors own 20.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on EXK shares. StockNews.com upgraded shares of Endeavour Silver to a "sell" rating in a research report on Friday, February 28th. TD Securities raised shares of Endeavour Silver to a "strong-buy" rating in a research note on Monday, March 10th. Raymond James started coverage on shares of Endeavour Silver in a research note on Friday, March 21st. They issued an "outperform" rating on the stock. Alliance Global Partners reiterated a "buy" rating on shares of Endeavour Silver in a report on Wednesday, March 12th. Finally, HC Wainwright reissued a "buy" rating and issued a $7.25 price target on shares of Endeavour Silver in a research note on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $6.63.

Endeavour Silver Trading Up 1.4 %

Endeavour Silver stock traded up $0.05 during mid-day trading on Monday, hitting $3.69. The company's stock had a trading volume of 10,450,620 shares, compared to its average volume of 7,355,977. The firm has a market capitalization of $1.02 billion, a PE ratio of -28.38 and a beta of 1.47. Endeavour Silver Corp. has a 1 year low of $2.46 and a 1 year high of $5.67. 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 stock's fifty day moving average is $3.99 and its two-hundred day moving average is $4.12.

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, topping the consensus estimate of ($0.01) by $0.03. The company had revenue of $42.20 million during the quarter, compared to analyst estimates of $69.90 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. On average, analysts anticipate that Endeavour Silver Corp. will post -0.07 EPS 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.