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

Key Points

• Endeavour Silver Corp. shares reached a new **52-week high** at C$12.02, closing last at C$11.56 with significant trading volume of **354,341 shares**.
• Analysts are optimistic about Endeavour Silver, with **National Bank Financial** assigning a "strong-buy" rating and multiple firms raising target prices, with a consensus target price now set at **C$10.44**.
• Insider activity indicates some selling, with insiders having sold **149,414 shares** valued at about **C$1.17 million** within the last 90 days, suggesting caution among top executives.

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK shares reached a new 52-week high on Thursday . The company traded as high as C$12.02 and last traded at C$11.56, with a volume of 354341 shares traded. The stock had previously closed at C$11.54.

Analysts Set New Price Targets

EDR has been the topic of a number of research reports. National Bank Financial raised shares of Endeavour Silver to a "strong-buy" rating in a report on Thursday, June 12th. CIBC boosted their target price on shares of Endeavour Silver from C$10.00 to C$12.00 in a report on Thursday, September 25th. National Bankshares boosted their target price on shares of Endeavour Silver from C$10.00 to C$16.00 and gave the stock an "outperform" rating in a report on Wednesday, September 24th. Finally, Ventum Financial boosted their target price on shares of Endeavour Silver from C$9.75 to C$12.15 in a report on Friday, September 26th. Three investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Endeavour Silver currently has a consensus rating of "Buy" and a consensus target price of C$10.44.

Endeavour Silver Stock Performance

The firm has a market capitalization of C$3.09 billion, a P/E ratio of -39.41, a price-to-earnings-growth ratio of 0.76 and a beta of 2.17. The company's 50 day moving average is C$8.75 and its 200-day moving average is C$6.92. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65.

Insider Activity at Endeavour Silver

In related news, Senior Officer Luis Renato Castro sold 55,000 shares of the stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of C$7.80, for a total transaction of C$429,000.00. Also, Director Margaret Beck sold 26,100 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of C$7.64, for a total transaction of C$199,477.08. Insiders sold 149,414 shares of company stock valued at $1,167,723 in the last ninety 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.

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