Endeavour Silver Corporation $EXK Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its holdings in shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 97.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,783 shares of the mining company’s stock after selling 374,777 shares during the period. International Assets Investment Management LLC’s holdings in Endeavour Silver were worth $101,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of Endeavour Silver by 85.4% during the first quarter. Bank of America Corp DE now owns 2,706,532 shares of the mining company’s stock valued at $25,198,000 after acquiring an additional 1,246,554 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Endeavour Silver by 121.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,312,065 shares of the mining company’s stock valued at $21,535,000 after acquiring an additional 1,268,035 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Endeavour Silver by 18,554.9% in the first quarter. Renaissance Technologies LLC now owns 1,902,800 shares of the mining company’s stock valued at $17,715,000 after acquiring an additional 1,892,600 shares in the last quarter. Deutsche Bank AG acquired a new stake in shares of Endeavour Silver in the second quarter worth approximately $10,192,000. Finally, Groupe la Francaise boosted its stake in shares of Endeavour Silver by 44.3% in the first quarter. Groupe la Francaise now owns 866,000 shares of the mining company’s stock worth $8,054,000 after acquiring an additional 266,000 shares during the last quarter. 20.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EXK. Canadian Imperial Bank of Commerce lowered shares of Endeavour Silver from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 22nd. Wall Street Zen lowered Endeavour Silver from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Citigroup cut shares of Endeavour Silver to a “market perform” rating in a research report on Friday, October 9th. Weiss Ratings upgraded Endeavour Silver from a “sell (d-)” rating to a “hold (c)” rating in a report on Tuesday, September 22nd. Finally, HC Wainwright reiterated a “buy” rating and set a $17.00 target price on shares of Endeavour Silver in a research note on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Endeavour Silver has a consensus rating of “Moderate Buy” and an average price target of $14.00.

Endeavour Silver Price Performance

Shares of EXK stock traded up $0.24 during mid-day trading on Friday, hitting $7.83. 5,517,697 shares of the stock traded hands, compared to its average volume of 5,821,406. Endeavour Silver Corporation has a twelve month low of $6.60 and a twelve month high of $15.15. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.65 and a current ratio of 1.97. The company’s 50-day simple moving average is $8.98 and its 200-day simple moving average is $9.67. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 37.31 and a beta of 1.38.

Endeavour Silver Profile

Endeavour Silver Corp. is a Canadian precious-metals mining company focused on the acquisition, exploration, development and operation of silver-gold properties. The company’s activities include underground mining, mineral processing and exploration aimed at expanding its resource base and extending the life of its operations.

Endeavour Silver has historically operated in Mexico, with its principal assets including the Guanaceví mine in Durango and the Bolañitos mining district in Guanajuato.