Baader Bank Aktiengesellschaft Has $851,000 Stock Position in Endeavour Silver Corporation $EXK

Baader Bank Aktiengesellschaft boosted its stake in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 369.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,520 shares of the mining company’s stock after acquiring an additional 85,383 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Endeavour Silver were worth $851,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in EXK. Total Investment Management Inc. bought a new stake in shares of Endeavour Silver in the 2nd quarter valued at $41,000. Centric Wealth Management acquired a new position in Endeavour Silver in the second quarter valued at $60,000. Andina Capital Management LLC acquired a new position in Endeavour Silver in the third quarter valued at $89,000. Mountain Capital Investment Advisors Inc. bought a new stake in Endeavour Silver during the second quarter valued at $97,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Endeavour Silver during the 1st quarter worth about $100,000. Institutional investors own 20.06% of the company’s stock.

Endeavour Silver Stock Up 1.9%

Endeavour Silver stock opened at $12.37 on Thursday. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of -36.39 and a beta of 1.23. The firm’s fifty day moving average price is $10.71 and its two-hundred day moving average price is $8.36. Endeavour Silver Corporation has a 1-year low of $2.95 and a 1-year high of $15.15. The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 0.23.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on EXK shares. Raymond James Financial reissued an “outperform” rating on shares of Endeavour Silver in a research note on Wednesday, January 14th. Alliance Global Partners reissued a “buy” rating on shares of Endeavour Silver in a research note on Friday, January 9th. iA Financial set a $11.00 price target on Endeavour Silver in a report on Friday, January 9th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Endeavour Silver in a research note on Wednesday, February 4th. Finally, Zacks Research raised shares of Endeavour Silver from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Endeavour Silver presently has a consensus rating of “Buy” and an average price target of $13.88.

About Endeavour Silver

Endeavour Silver Corp. is a Vancouver-based precious metals mining company focused on the acquisition, development and operation of silver and gold properties in Mexico. Publicly listed on the New York Stock Exchange under the ticker EXK, the company has positioned itself as a mid-tier producer with a portfolio of high-grade, operating mines and exploration assets in key mineral belts.

Endeavour Silver’s core business activities revolve around four principal underground mines located in the states of Durango, Zacatecas, Guanajuato and Jalisco.