Intact Investment Management Inc. boosted its position in Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) by 22.3% during the fourth quarter, Holdings Channel reports. The firm owned 598,900 shares of the mining company’s stock after buying an additional 109,200 shares during the period. Intact Investment Management Inc. owned about 0.47% of Endeavour Silver Corporation worth $2,845,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Bank of Montreal Can raised its stake in shares of Endeavour Silver Corporation by 62.9% in the third quarter. Bank of Montreal Can now owns 24,764 shares of the mining company’s stock worth $127,000 after buying an additional 9,564 shares during the period. Pacad Investment Ltd. purchased a new stake in shares of Endeavour Silver Corporation during the fourth quarter worth about $122,000. CIBC World Markets Inc. purchased a new stake in shares of Endeavour Silver Corporation during the third quarter worth about $198,000. LMR Partners LLP purchased a new stake in shares of Endeavour Silver Corporation during the third quarter worth about $204,000. Finally, Spark Investment Management LLC raised its stake in shares of Endeavour Silver Corporation by 144.4% in the third quarter. Spark Investment Management LLC now owns 88,000 shares of the mining company’s stock worth $450,000 after buying an additional 52,000 shares during the period. 32.85% of the stock is currently owned by institutional investors and hedge funds.

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

Endeavour Silver Corporation (NYSE:EXK) traded up 2.78% during midday trading on Thursday, hitting $4.80. 1,736,192 shares of the stock traded hands. Endeavour Silver Corporation has a 52-week low of $1.57 and a 52-week high of $5.95. The company’s market cap is $609.98 million. The firm’s 50-day moving average is $4.20 and its 200-day moving average is $4.45.

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A number of equities research analysts have issued reports on the stock. Noble Financial assumed coverage on shares of Endeavour Silver Corporation in a report on Thursday. They issued a “buy” rating on the stock. Zacks Investment Research lowered shares of Endeavour Silver Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, January 24th. TD Securities reissued a “hold” rating and issued a $6.50 price target on shares of Endeavour Silver Corporation in a report on Sunday, November 6th. Finally, Canaccord Genuity reissued a “hold” rating on shares of Endeavour Silver Corporation in a report on Monday, January 9th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Endeavour Silver Corporation has an average rating of “Hold” and an average target price of $5.83.

Endeavour Silver Corporation Company Profile

Endeavour Silver Corp. is a mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of metal properties in Mexico and 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.

5 Day Chart for NYSE:EXK

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