Endeavour Silver (TSE:EDR) Hits New 1-Year High - What's Next?

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK's share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$7.90 and last traded at C$7.85, with a volume of 824546 shares. The stock had previously closed at C$7.43.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on EDR shares. Ventum Cap Mkts raised shares of Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. CIBC decreased their price objective 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. National Bank Financial raised shares of Endeavour Silver to a "strong-buy" rating in a report on Thursday, June 12th. Raymond James Financial set a C$7.50 price objective on shares of Endeavour Silver and gave the company an "outperform" rating in a report on Friday, March 21st. Finally, National Bankshares set a C$9.00 price objective on shares of 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 issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of C$7.96.

Endeavour Silver Trading Up 5.9%

The firm has a market capitalization of C$1.37 billion, a PE ratio of -46.37, a PEG 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 stock's fifty day simple moving average is C$5.85 and its 200 day simple moving average is C$5.65.

Insider Activity

In other news, Senior Officer Daniel Dickson sold 50,000 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of C$5.50, for a total value of C$275,000.00. 0.17% of the stock is currently owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.