American Century Companies Inc. Raises Position in Endeavour Silver Corp. (NYSE:EXK)

American Century Companies Inc. raised its stake in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 268.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,657,573 shares of the mining company's stock after acquiring an additional 1,937,150 shares during the period. American Century Companies Inc. owned approximately 1.01% of Endeavour Silver worth $9,728,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in Endeavour Silver in the 3rd quarter valued at $100,000. Walleye Capital LLC purchased a new stake in shares of Endeavour Silver in the third quarter valued at about $111,000. National Bank of Canada FI increased its stake in shares of Endeavour Silver by 3.4% during the third quarter. National Bank of Canada FI now owns 453,869 shares of the mining company's stock worth $1,788,000 after acquiring an additional 15,075 shares during the period. Public Employees Retirement System of Ohio purchased a new position in Endeavour Silver during the third quarter worth about $261,000. Finally, Barclays PLC lifted its position in Endeavour Silver by 1,730,033.3% in the third quarter. Barclays PLC now owns 51,904 shares of the mining company's stock valued at $205,000 after purchasing an additional 51,901 shares during the period. 20.06% of the stock is owned by institutional investors and hedge funds.

Endeavour Silver Trading Up 4.0 %

EXK stock traded up $0.13 on Monday, hitting $3.28. 11,932,173 shares of the company were exchanged, compared to its average volume of 7,017,872. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. The stock has a market capitalization of $859.11 million, a price-to-earnings ratio of -25.19 and a beta of 1.47. Endeavour Silver Corp. has a twelve month low of $2.42 and a twelve month high of $5.67. The business's fifty day moving average is $4.09 and its two-hundred day moving average is $4.17.

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Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last issued its earnings results on Tuesday, March 11th. The mining company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.03. The firm had revenue of $42.20 million for 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%. As a group, research analysts forecast that Endeavour Silver Corp. will post -0.07 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. HC Wainwright increased their target price on Endeavour Silver from $7.00 to $7.25 and gave the stock a "buy" rating in a research note on Wednesday, March 12th. StockNews.com upgraded Endeavour Silver to a "sell" rating in a research report on Friday, February 28th. Raymond James began coverage on shares of Endeavour Silver in a research report on Friday, March 21st. They set an "outperform" rating on the stock. Alliance Global Partners reissued a "buy" rating on shares of Endeavour Silver in a report on Wednesday, March 12th. Finally, TD Securities raised shares of Endeavour Silver to a "strong-buy" rating in a report on Monday, March 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Endeavour Silver presently has an average rating of "Moderate Buy" and a consensus target price of $6.63.

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.