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November 21, 2024
PI Global Investments
Silver

Endeavour Silver (TSE:EDR) Stock Price Up 7% After Analyst Upgrade



Endeavour Silver Corp. (TSE:EDRGet Free Report) (NYSE:EXK) shares traded up 7% during mid-day trading on Wednesday after CIBC raised their price target on the stock from C$6.00 to C$7.00. The stock traded as high as C$5.80 and last traded at C$5.79. 348,044 shares changed hands during trading, a decline of 54% from the average session volume of 749,172 shares. The stock had previously closed at C$5.41.

Separately, BMO Capital Markets set a C$6.00 price objective on shares of Endeavour Silver and gave the stock an “outperform” rating in a research report on Monday, June 17th.

Get Our Latest Analysis on Endeavour Silver

Insider Buying and Selling at Endeavour Silver

In other Endeavour Silver news, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of the stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of C$5.65, for a total transaction of C$198,925.76. In other news, Senior Officer Luis Renato Castro sold 38,200 shares of the firm’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of C$5.54, for a total value of C$211,505.76. Also, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of C$5.65, for a total transaction of C$198,925.76. Insiders have sold 114,800 shares of company stock worth $626,337 in the last ninety days. 0.57% of the stock is owned by insiders.

Endeavour Silver Stock Performance

The stock’s 50-day moving average price is C$5.03 and its 200-day moving average price is C$3.55. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 1.72. The company has a market capitalization of C$1.59 billion, a P/E ratio of -660.00, a P/E/G ratio of 0.76 and a beta of 1.76.

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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