32,558 Shares in Endeavour Silver Corp. (NYSE:EXK) Bought by CIBC Asset Management Inc

CIBC Asset Management Inc bought a new position in shares of Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 32,558 shares of the mining company’s stock, valued at approximately $119,000.

Several other large investors have also added to or reduced their stakes in EXK. Blue Trust Inc. boosted its holdings in Endeavour Silver by 139.6% during the third quarter. Blue Trust Inc. now owns 14,400 shares of the mining company’s stock worth $57,000 after purchasing an additional 8,389 shares during the last quarter. Van ECK Associates Corp lifted 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 last quarter. Quest Partners LLC acquired a new stake in Endeavour Silver in the third quarter valued at $964,000. Quantbot Technologies LP acquired a new stake in Endeavour Silver in the third quarter valued at $100,000. Finally, Walleye Capital LLC acquired a new stake in Endeavour Silver in the third quarter valued at $111,000. Institutional investors and hedge funds own 20.06% of the company’s stock.

Endeavour Silver Trading Up 6.9 %

EXK opened at $3.94 on Thursday. The company’s 50 day moving average is $3.79 and its 200-day moving average is $3.96. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. Endeavour Silver Corp. has a 1-year low of $1.42 and a 1-year high of $5.67. The company has a market cap of $1.03 billion, a P/E ratio of -30.27 and a beta of 1.63.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. TD Securities initiated coverage on shares of Endeavour Silver in a report on Friday, November 29th. They issued a “buy” rating on the stock. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research note on Wednesday, February 12th. Finally, HC Wainwright reduced 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. One research 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 company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.