Quantbot Technologies LP Has $1.40 Million Holdings in Endeavour Silver Corp. (NYSE:EXK)

Quantbot Technologies LP raised its position in shares of Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 1,407.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 383,014 shares of the mining company’s stock after buying an additional 357,599 shares during the period. Quantbot Technologies LP’s holdings in Endeavour Silver were worth $1,402,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Barclays PLC grew its position in Endeavour Silver by 1,730,033.3% during the 3rd quarter. Barclays PLC now owns 51,904 shares of the mining company’s stock worth $205,000 after acquiring an additional 51,901 shares during the last quarter. Sprott Inc. grew its holdings in shares of Endeavour Silver by 23.1% during the fourth quarter. Sprott Inc. now owns 1,586,302 shares of the mining company’s stock worth $5,809,000 after purchasing an additional 298,091 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Endeavour Silver by 9.9% in the third quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company’s stock valued at $460,000 after buying an additional 10,543 shares in the last quarter. CIBC Asset Management Inc bought a new position in shares of Endeavour Silver in the fourth quarter valued at about $119,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Endeavour Silver during the 4th quarter worth about $203,000. Institutional investors and hedge funds own 20.06% of the company’s stock.

Endeavour Silver Stock Down 0.3 %

Shares of Endeavour Silver stock opened at $4.65 on Tuesday. The business has a fifty day simple moving average of $4.01 and a 200 day simple moving average of $4.12. The stock has a market cap of $1.22 billion, a PE ratio of -35.73 and a beta of 1.55. 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 12 month low of $2.12 and a 12 month high of $5.67.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings results on Tuesday, March 11th. The mining company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.03. The company had revenue of $42.20 million during the quarter, compared to analysts’ expectations of $69.90 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. Research analysts predict that Endeavour Silver Corp. will post -0.07 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. TD Securities upgraded shares of Endeavour Silver to a “strong-buy” rating in a research report on Monday, March 10th. Raymond James initiated coverage on shares of Endeavour Silver in a research report on Friday. They issued an “outperform” rating for the company. Alliance Global Partners reissued a “buy” rating on shares of Endeavour Silver in a research note on Wednesday, March 12th. HC Wainwright upped their price target on Endeavour Silver from $7.00 to $7.25 and gave the company a “buy” rating in a research note on Wednesday, March 12th. Finally, StockNews.com upgraded Endeavour Silver to a “sell” rating in a report on Friday, February 28th. One equities 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 stock. Based on data from MarketBeat.com, Endeavour Silver presently has an average rating of “Moderate Buy” and a consensus price target of $6.63.

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.