Tudor Investment Corp ET AL Purchases Shares of 1,804,357 Endeavour Silver Corporation $EXK

Tudor Investment Corp ET AL purchased a new stake in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,804,357 shares of the mining company’s stock, valued at approximately $14,146,000.

A number of other institutional investors and hedge funds have also modified their holdings of EXK. Total Investment Management Inc. bought a new stake in shares of Endeavour Silver during the 2nd quarter worth $41,000. Centric Wealth Management bought a new position in Endeavour Silver in the 2nd quarter worth $60,000. Andina Capital Management LLC acquired a new position in Endeavour Silver during the 3rd quarter worth $89,000. Swiss Life Asset Management Ltd acquired a new position in Endeavour Silver during the 3rd quarter worth $92,000. Finally, Hohimer Wealth Management LLC boosted its holdings in Endeavour Silver by 16.6% during the third quarter. Hohimer Wealth Management LLC now owns 14,415 shares of the mining company’s stock valued at $113,000 after acquiring an additional 2,050 shares during the period. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Endeavour Silver Price Performance

Shares of Endeavour Silver stock opened at $8.23 on Friday. The firm has a market cap of $2.43 billion, a P/E ratio of -19.58 and a beta of 1.16. The firm’s 50-day simple moving average is $11.82 and its 200-day simple moving average is $9.48. Endeavour Silver Corporation has a twelve month low of $2.95 and a twelve month high of $15.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.30 and a current ratio of 1.53.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last posted its quarterly earnings results on Friday, February 27th. The mining company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The business had revenue of $172.60 million during the quarter, compared to analyst estimates of $227.99 million. Endeavour Silver had a negative return on equity of 1.29% and a negative net margin of 27.52%. As a group, research analysts expect that Endeavour Silver Corporation will post -0.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

EXK has been the topic of several research analyst reports. Alliance Global Partners reaffirmed a “buy” rating on shares of Endeavour Silver in a research report on Friday, January 9th. HC Wainwright boosted their price objective on Endeavour Silver from $14.50 to $17.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Zacks Research downgraded Endeavour Silver from a “hold” rating to a “strong sell” rating in a research note on Monday, March 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Endeavour Silver in a report on Wednesday, January 21st. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Endeavour Silver in a research report on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $14.50.

Endeavour Silver Company Profile

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.