Global X Management Co. LLC reduced its position in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 1.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,495,117 shares of the mining company’s stock after selling 15,603 shares during the period. Global X Management Co. LLC’s holdings in Endeavour Silver Corporation were worth $4,560,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. UBS Group AG boosted its stake in shares of Endeavour Silver Corporation by 16.0% in the first quarter. UBS Group AG now owns 742,981 shares of the mining company’s stock worth $2,363,000 after buying an additional 102,656 shares during the period. Sprott Inc. boosted its stake in shares of Endeavour Silver Corporation by 38.5% in the second quarter. Sprott Inc. now owns 693,316 shares of the mining company’s stock worth $2,115,000 after buying an additional 192,557 shares during the period. Bank of Montreal Can boosted its stake in shares of Endeavour Silver Corporation by 912.4% in the first quarter. Bank of Montreal Can now owns 112,460 shares of the mining company’s stock worth $358,000 after buying an additional 101,352 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Endeavour Silver Corporation by 0.5% in the first quarter. Renaissance Technologies LLC now owns 5,476,800 shares of the mining company’s stock worth $17,416,000 after buying an additional 29,500 shares during the period. Finally, Van ECK Associates Corp boosted its stake in shares of Endeavour Silver Corporation by 32.5% in the first quarter. Van ECK Associates Corp now owns 20,341,055 shares of the mining company’s stock worth $64,685,000 after buying an additional 4,989,578 shares during the period. 32.15% of the stock is owned by hedge funds and other institutional investors.

Endeavour Silver Corporation (NYSE EXK) opened at 2.16 on Friday. The firm’s 50-day moving average is $2.85 and its 200 day moving average is $3.30. The company has a market cap of $275.30 million, a price-to-earnings ratio of 42.35 and a beta of -0.01. Endeavour Silver Corporation has a 52-week low of $2.08 and a 52-week high of $5.88.

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A number of analysts have recently issued reports on EXK shares. Zacks Investment Research raised shares of Endeavour Silver Corporation from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a research note on Wednesday, May 3rd. ValuEngine cut shares of Endeavour Silver Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 16th. Noble Financial reissued a “buy” rating on shares of Endeavour Silver Corporation in a research note on Friday, June 9th. Finally, BidaskClub cut shares of Endeavour Silver Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $5.71.

Endeavour Silver Corporation Company Profile

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.

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Institutional Ownership by Quarter for Endeavour Silver Corporation (NYSE:EXK)

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