Y Intercept Hong Kong Ltd Takes Position in Endeavour Silver Corp. (NYSE:EXK)

Y Intercept Hong Kong Ltd acquired a new position in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 55,375 shares of the mining company’s stock, valued at approximately $203,000.

Other large investors also recently bought and sold shares of the company. Alpha Cubed Investments LLC purchased a new stake in shares of Endeavour Silver during the 4th quarter valued at about $37,000. Virtu Financial LLC purchased a new stake in Endeavour Silver in the third quarter worth approximately $80,000. Quantbot Technologies LP bought a new stake in Endeavour Silver in the 3rd quarter worth approximately $100,000. Walleye Capital LLC bought a new stake in Endeavour Silver in the 3rd quarter worth approximately $111,000. Finally, CIBC Asset Management Inc purchased a new stake in Endeavour Silver during the 4th quarter valued at $119,000. 20.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on EXK. HC Wainwright cut their price objective on Endeavour Silver from $7.25 to $7.00 and set a “buy” rating for the company in a report on Friday, January 10th. StockNews.com upgraded Endeavour Silver to a “sell” rating in a research note on Friday, February 28th. 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. Finally, Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Endeavour Silver presently has an average rating of “Moderate Buy” and a consensus target price of $6.56.

Endeavour Silver Stock Up 11.2 %

NYSE EXK opened at $4.02 on Thursday. The stock’s 50-day moving average price is $3.79 and its 200-day moving average price is $3.99. The company has a market capitalization of $1.05 billion, a P/E ratio of -30.88 and a beta of 1.63. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Endeavour Silver Corp. has a 52 week low of $1.75 and a 52 week high of $5.67.

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.