Mariner LLC Trims Stock Position in Endeavour Silver Corp. (NYSE:EXK)

Mariner LLC decreased its position in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 17.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,461 shares of the mining company’s stock after selling 7,878 shares during the period. Mariner LLC’s holdings in Endeavour Silver were worth $133,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC raised its stake in Endeavour Silver by 82.4% in the fourth quarter. Renaissance Technologies LLC now owns 185,100 shares of the mining company’s stock worth $677,000 after buying an additional 83,600 shares in the last quarter. 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 acquiring an additional 51,901 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Endeavour Silver by 28.3% during 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 last quarter. Sprott Inc. grew its stake in Endeavour Silver by 23.1% in the fourth 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 during the last quarter. Finally, American Century Companies Inc. grew its stake in Endeavour Silver by 268.9% in 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 purchasing an additional 1,937,150 shares during the last quarter. Institutional investors own 20.06% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on EXK. Raymond James initiated coverage on shares of Endeavour Silver in a research note on Friday, March 21st. They set an “outperform” rating for the company. HC Wainwright reissued a “buy” rating and issued a $7.25 price objective on shares of Endeavour Silver in a research report on Thursday, April 10th. StockNews.com upgraded Endeavour Silver to a “sell” rating in a research note on Friday, February 28th. Alliance Global Partners reissued a “buy” rating on shares of Endeavour Silver in a report on Wednesday, March 12th. Finally, TD Securities upgraded Endeavour Silver to a “strong-buy” rating in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Endeavour Silver has a consensus rating of “Moderate Buy” and an average price target of $6.63.

Endeavour Silver Trading Down 2.7 %

Shares of Endeavour Silver stock opened at $3.37 on Friday. The stock has a 50 day moving average of $3.95 and a 200 day moving average of $4.07. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39. The firm has a market capitalization of $926.08 million, a price-to-earnings ratio of -25.88 and a beta of 1.50. Endeavour Silver Corp. has a fifty-two week low of $2.46 and a fifty-two week high of $5.67.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last released its quarterly earnings results on Tuesday, March 11th. The mining company reported $0.02 EPS 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 business had revenue of $42.20 million during the quarter, compared to analyst estimates of $69.90 million. As a group, research analysts predict that Endeavour Silver Corp. will post -0.07 earnings per share 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.