Oxford Asset Management LLP Makes New $57,000 Investment in Endeavour Silver Corp. (NYSE:EXK)

Oxford Asset Management LLP purchased a new stake in Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 15,599 shares of the mining company’s stock, valued at approximately $57,000.

Several other large investors have also recently made changes to their positions in the stock. Barclays PLC boosted its holdings in Endeavour Silver by 1,730,033.3% during the 3rd quarter. Barclays PLC now owns 51,904 shares of the mining company’s stock valued at $205,000 after acquiring an additional 51,901 shares during the period. Geode Capital Management LLC increased its stake in Endeavour Silver by 9.9% during the 3rd quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company’s stock worth $460,000 after buying an additional 10,543 shares during the period. Virtu Financial LLC acquired a new stake in Endeavour Silver during the 3rd quarter worth approximately $80,000. B. Riley Wealth Advisors Inc. boosted its position in Endeavour Silver by 16.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 137,300 shares of the mining company’s stock valued at $556,000 after buying an additional 19,200 shares during the period. Finally, Alpha Cubed Investments LLC acquired a new position in shares of Endeavour Silver in the fourth quarter worth $37,000. 20.06% of the stock is currently owned by institutional investors and hedge funds.

Endeavour Silver Price Performance

Endeavour Silver stock opened at $3.69 on Tuesday. 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 business has a 50 day simple moving average of $3.99 and a 200-day simple moving average of $4.12. Endeavour Silver Corp. has a 12 month low of $2.46 and a 12 month high of $5.67. The stock has a market capitalization of $1.02 billion, a PE ratio of -28.38 and a beta of 1.47.

Endeavour Silver (NYSE:EXK) (TSE:EDR) last announced its quarterly earnings data on Tuesday, March 11th. The mining company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The company had revenue of $42.20 million during the quarter, compared to the consensus estimate of $69.90 million. Equities analysts predict that Endeavour Silver Corp. will post -0.07 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on EXK shares. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a research note on Friday, February 28th. TD Securities raised Endeavour Silver to a “strong-buy” rating in a report on Monday, March 10th. Raymond James began coverage on Endeavour Silver in a report on Friday, March 21st. They set an “outperform” rating for the company. Alliance Global Partners reiterated a “buy” rating on shares of Endeavour Silver in a report on Wednesday, March 12th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $7.25 price target on shares of Endeavour Silver in a report on Thursday, April 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.63.

Endeavour Silver Company 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.