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

by · The Markets Daily

XTX Topco Ltd purchased a new stake in Endeavour Silver Corp. (NYSE:EXK – Free Report) (TSE:EDR) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 109,441 shares of the mining company’s stock, valued at approximately $401,000.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in Endeavour Silver by 1,730,033.3% during the third 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. Geode Capital Management LLC boosted its position in shares of Endeavour Silver by 9.9% during the 3rd quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company’s stock worth $460,000 after purchasing an additional 10,543 shares during the period. Virtu Financial LLC purchased a new position in shares of Endeavour Silver during the 3rd quarter worth approximately $80,000. B. Riley Wealth Advisors Inc. increased its holdings in Endeavour Silver by 16.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 137,300 shares of the mining company’s stock valued at $556,000 after purchasing an additional 19,200 shares during the last quarter. Finally, Alpha Cubed Investments LLC purchased a new stake in Endeavour Silver in the fourth quarter valued at approximately $37,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Endeavour Silver Stock Down 5.2 %

Shares of NYSE:EXK opened at $3.53 on Wednesday. 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 fifty-two week low of $2.46 and a fifty-two week high of $5.67. The stock has a market cap of $965.58 million, a price-to-earnings ratio of -27.12 and a beta of 1.47. The firm’s 50 day moving average price is $4.02 and its 200 day moving average price is $4.14.

Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) last posted its earnings results 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. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The firm had revenue of $42.20 million during the quarter, compared to analysts’ expectations of $69.90 million. As a group, equities research analysts predict that Endeavour Silver Corp. will post -0.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EXK. HC Wainwright reaffirmed a “buy” rating and issued a $7.25 price objective on shares of Endeavour Silver in a research note on Thursday, April 10th. Alliance Global Partners reaffirmed a “buy” rating on shares of Endeavour Silver in a research report on Wednesday, March 12th. StockNews.com raised shares of Endeavour Silver to a “sell” rating in a research report on Friday, February 28th. TD Securities upgraded shares of Endeavour Silver to a “strong-buy” rating in a report on Monday, March 10th. Finally, Raymond James initiated coverage on shares of Endeavour Silver in a report on Friday, March 21st. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and two have assigned 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.

Read Our Latest Stock Analysis on Endeavour Silver

Endeavour Silver Company Profile

(Free Report)

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.

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