Endeavour Silver (TSE:EDR) Trading 9.2% Higher

Endeavour Silver Corp. (TSE:EDRGet Free Report) (NYSE:EXK) was up 9.2% during trading on Thursday . The company traded as high as C$4.66 and last traded at C$4.65. Approximately 261,264 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 747,262 shares. The stock had previously closed at C$4.26.

Analysts Set New Price Targets

EDR has been the subject of several recent analyst reports. TD Securities cut their price objective on shares of Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating for the company in a research report on Tuesday, August 20th. CIBC upped their price target on shares of Endeavour Silver from C$6.00 to C$7.00 in a report on Wednesday, July 10th. Finally, BMO Capital Markets increased their price target on shares of Endeavour Silver from C$6.00 to C$7.00 in a research report on Friday, August 2nd.

View Our Latest Report on EDR

Endeavour Silver Trading Up 5.9 %

The company has a market cap of C$1.23 billion, a P/E ratio of -62.63, a price-to-earnings-growth ratio of 0.76 and a beta of 1.88. The firm has a 50-day moving average of C$4.97 and a 200 day moving average of C$4.37. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 14.58.

Insiders Place Their Bets

In other news, Director Kenneth William Pickering sold 39,000 shares of Endeavour Silver stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of C$6.78, for a total value of C$264,420.00. In other Endeavour Silver news, Senior Officer Gregory Arnold Blaylock sold 17,600 shares of the firm’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of C$6.49, for a total value of C$114,143.04. Also, Director Kenneth William Pickering sold 39,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of C$6.78, for a total value of C$264,420.00. In the last three months, insiders have sold 87,100 shares of company stock worth $576,363. Corporate insiders own 0.17% of the company’s stock.

Endeavour Silver Company Profile

(Get Free Report)

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.

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