Endeavour Silver Corp. (NYSE:EXK) Short Interest Down 6.0% in January

Endeavour Silver Corp. (NYSE:EXK - Get Free Report) TSE: EDR was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 10,680,000 shares, a decline of 6.0% from the December 31st total of 11,360,000 shares. Based on an average daily volume of 6,260,000 shares, the short-interest ratio is currently 1.7 days. Currently, 4.4% of the shares of the stock are short sold.

Endeavour Silver Stock Up 2.1 %

Shares of NYSE EXK traded up $0.09 during midday trading on Wednesday, hitting $4.15. 10,660,513 shares of the company's stock were exchanged, compared to its average volume of 9,073,242. The firm's fifty day simple moving average is $3.82 and its 200-day simple moving average is $3.95. 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 company has a market cap of $1.09 billion, a PE ratio of -31.88 and a beta of 1.63. Endeavour Silver has a twelve month low of $1.42 and a twelve month high of $5.67.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last released its quarterly earnings results on Tuesday, November 5th. The mining company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The firm had revenue of $53.40 million for the quarter, compared to the consensus estimate of $54.91 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. The firm's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the business posted ($0.04) EPS. Research analysts predict that Endeavour Silver will post -0.07 EPS for the current fiscal year.

Institutional Trading of Endeavour Silver

Several hedge funds have recently made changes to their positions in the company. Alpha Cubed Investments LLC acquired a new stake in Endeavour Silver in the fourth quarter valued at $37,000. Blue Trust Inc. lifted its stake in shares of Endeavour Silver by 139.6% in the third quarter. Blue Trust Inc. now owns 14,400 shares of the mining company's stock valued at $57,000 after purchasing an additional 8,389 shares during the period. Virtu Financial LLC purchased a new stake in Endeavour Silver during the third quarter worth about $80,000. Quantbot Technologies LP acquired a new position in Endeavour Silver during the third quarter worth $100,000. Finally, Walleye Capital LLC purchased a new position in shares of Endeavour Silver during the 3rd quarter worth approximately $111,000. Institutional investors and hedge funds own 20.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EXK. Ventum Cap Mkts raised shares of Endeavour Silver to a "strong-buy" rating in a research note on Wednesday, November 13th. Alliance Global Partners raised their price target on shares of Endeavour Silver from $5.25 to $6.25 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. StockNews.com upgraded shares of Endeavour Silver to a "sell" rating in a research report on Tuesday, December 24th. HC Wainwright cut their price target on shares of Endeavour Silver from $7.25 to $7.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Finally, TD Securities assumed coverage on shares of Endeavour Silver in a research note on Friday, November 29th. They set a "buy" rating on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $6.56.

About Endeavour Silver

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.