Endeavour Silver Corp. (NYSE:EXK) Shares Purchased by U S Global Investors Inc.

U S Global Investors Inc. grew its position in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) by 21.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 425,000 shares of the mining company’s stock after buying an additional 75,000 shares during the period. U S Global Investors Inc.’s holdings in Endeavour Silver were worth $1,557,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in EXK. Blue Trust Inc. lifted its position in shares of Endeavour Silver by 139.6% in the 3rd quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock worth $57,000 after buying an additional 8,389 shares during the last quarter. Van ECK Associates Corp boosted its stake in Endeavour Silver by 2.7% in the third quarter. Van ECK Associates Corp now owns 25,125,455 shares of the mining company’s stock valued at $98,994,000 after acquiring an additional 658,215 shares during the period. Quest Partners LLC bought a new position in shares of Endeavour Silver during the third quarter valued at approximately $964,000. Quantbot Technologies LP acquired a new stake in shares of Endeavour Silver during the 3rd quarter worth approximately $100,000. Finally, Walleye Capital LLC acquired a new stake in shares of Endeavour Silver during the 3rd quarter worth approximately $111,000. 20.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on EXK shares. HC Wainwright lowered their price objective on Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a research note on Friday, January 10th. TD Securities assumed coverage on shares of Endeavour Silver in a research report on Friday, November 29th. They set a “buy” rating for the company. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research report on Wednesday, February 12th. Finally, Ventum Cap Mkts upgraded shares of Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Endeavour Silver currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.56.

Endeavour Silver Trading Down 7.3 %

Shares of NYSE:EXK opened at $3.65 on Friday. 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 company has a 50 day moving average of $3.79 and a 200-day moving average of $3.96. Endeavour Silver Corp. has a twelve month low of $1.42 and a twelve month high of $5.67. The firm has a market cap of $956.17 million, a P/E ratio of -28.04 and a beta of 1.63.

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.