Endeavour Silver Corp. (TSE:EDR – Get Free Report) (NYSE:EXK)’s stock price rose 4.9% on Friday . The stock traded as high as C$3.00 and last traded at C$3.00. Approximately 106,366 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 548,726 shares. The stock had previously closed at C$2.86.
Analysts Set New Price Targets
EDR has been the topic of several recent research reports. CIBC cut their price objective on shares of Endeavour Silver from C$4.50 to C$3.75 and set a “neutral” rating on the stock in a research report on Wednesday, February 7th. TD Securities upgraded shares of Endeavour Silver from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$3.75 to C$4.00 in a research report on Tuesday, January 9th.
Read Our Latest Research Report on EDR
Endeavour Silver Price Performance
The company has a market capitalization of C$694.67 million, a P/E ratio of 74.50, a P/E/G ratio of 0.76 and a beta of 1.60. The business’s 50-day simple moving average is C$2.33 and its 200 day simple moving average is C$2.76. The company has a current ratio of 1.73, a quick ratio of 2.38 and a debt-to-equity ratio of 2.47.
Insiders Place Their Bets
In related news, Director Kenneth William Pickering purchased 22,500 shares of the company’s stock in a transaction on Friday, January 26th. The shares were bought at an average cost of C$2.18 per share, for a total transaction of C$49,050.00. 0.60% of the stock is owned by insiders.
Endeavour Silver Company Profile
Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.
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