Endeavour Silver (TSE:EDR) Reaches New 12-Month High - Still a Buy?

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK reached a new 52-week high on Friday . The company traded as high as C$7.90 and last traded at C$7.85, with a volume of 824546 shares traded. The stock had previously closed at C$7.43.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on EDR. Raymond James Financial set a C$7.50 price target on shares of Endeavour Silver and gave the stock an "outperform" rating in a report on Friday, March 21st. CIBC dropped their target price on shares of Endeavour Silver from C$8.00 to C$7.25 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a research report on Friday, May 23rd. National Bank Financial upgraded Endeavour Silver to a "strong-buy" rating in a research report on Thursday, June 12th. Finally, National Bankshares set a C$9.00 price objective on Endeavour Silver and gave the company an "outperform" rating in a report on Tuesday, June 24th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, Endeavour Silver has a consensus rating of "Buy" and an average price target of C$7.96.

Endeavour Silver Stock Down 1.4%

The firm has a market cap of C$1.36 billion, a PE ratio of -46.32, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65. The business has a 50-day moving average price of C$5.91 and a two-hundred day moving average price of C$5.67.

Insider Buying and Selling

In other news, Senior Officer Gregory Arnold Blaylock sold 8,032 shares of Endeavour Silver stock in a transaction on Monday, July 14th. The shares were sold at an average price of C$8.00, for a total transaction of C$64,256.00. Also, Senior Officer Daniel Dickson sold 50,000 shares of the business's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of C$5.50, for a total transaction of C$275,000.00. Insiders have sold 93,232 shares of company stock worth $620,856 over the last 90 days. Insiders own 0.17% of the company's stock.

Endeavour Silver Company Profile

Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas.