Sprott Inc. Grows Stock Holdings in Endeavour Silver Corp. (NYSE:EXK)

Sprott Inc. increased its stake in shares of Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 23.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,586,302 shares of the mining company's stock after acquiring an additional 298,091 shares during the quarter. Sprott Inc. owned about 0.60% of Endeavour Silver worth $5,809,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Alpha Cubed Investments LLC acquired a new position in Endeavour Silver in the fourth quarter valued at $37,000. Blue Trust Inc. increased its stake in 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 acquired a new position in Endeavour Silver in the third quarter valued at $80,000. Quantbot Technologies LP acquired a new position in Endeavour Silver in the third quarter valued at $100,000. Finally, Walleye Capital LLC acquired a new position in Endeavour Silver in the third quarter valued at $111,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on EXK. TD Securities began coverage on shares of Endeavour Silver in a research note on Friday, November 29th. They issued a "buy" rating on the stock. HC Wainwright dropped their price objective 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. StockNews.com upgraded shares of Endeavour Silver to a "sell" rating in a research note on Friday. Finally, Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research note on Wednesday, November 13th. One analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $6.56.

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Endeavour Silver Stock Performance

Shares of Endeavour Silver stock traded up $0.03 on Friday, reaching $3.67. 15,477,675 shares of the stock were exchanged, compared to its average volume of 9,443,140. Endeavour Silver Corp. has a 1-year low of $1.43 and a 1-year high of $5.67. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average price of $3.79 and a two-hundred day moving average price of $3.97. The firm has a market capitalization of $961.42 million, a PE ratio of -28.19 and a beta of 1.63.

Endeavour Silver 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.