Endeavour Silver (TSE:EDR) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Key Points

• EDR crossed above its 200‑day moving average, trading as high as C$13.12 and last at C$12.81 versus a 200‑day MA of C$9.19 on volume of about 1.46M shares, suggesting renewed upward momentum.
• Analyst sentiment is bullish — five Strong Buy, one Buy and one Hold; MarketBeat consensus is "Strong Buy" with a consensus target of C$13.11 and several firms raising targets (one up to C$21).
• Fundamentals remain mixed: the company posted C($0.01) EPS last quarter with negative net margin (-13.04%) and ROE (-7.12%) despite C$198.9M in revenue and a C$3.77B market cap, highlighting ongoing profitability risk.

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK's stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$9.19 and traded as high as C$13.12. Endeavour Silver shares last traded at C$12.81, with a volume of 1,464,616 shares.

Analysts Set New Price Targets

EDR has been the topic of several research reports. Ventum Financial raised their price target on shares of Endeavour Silver from C$9.75 to C$12.15 in a report on Friday, September 26th. Cibc Captl Mkts raised shares of Endeavour Silver from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 3rd. CIBC upped their price target on shares of Endeavour Silver from C$14.00 to C$16.00 in a research report on Monday, November 3rd. Natl Bk Canada raised Endeavour Silver to a "strong-buy" rating in a research report on Monday, December 8th. Finally, National Bankshares boosted their price objective on Endeavour Silver from C$18.00 to C$21.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 9th. Five research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Strong Buy" and a consensus target price of C$13.11.

Endeavour Silver Stock Performance

The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38. The stock has a 50-day moving average price of C$11.62 and a 200-day moving average price of C$9.19. The firm has a market capitalization of C$3.77 billion, a PE ratio of -38.82, a price-to-earnings-growth ratio of 0.76 and a beta of 2.39.

Endeavour Silver (TSE:EDR - Get Free Report) NYSE: EXK last issued its quarterly earnings data on Friday, November 7th. The company reported C($0.01) earnings per share for the quarter. Endeavour Silver had a negative net margin of 13.04% and a negative return on equity of 7.12%. The business had revenue of C$198.88 million for the quarter. On average, research analysts expect that Endeavour Silver Corp. will post 0.6341991 EPS for the current fiscal year.

Insider Activity

In related news, Director Rex John Mclennan sold 10,000 shares of Endeavour Silver stock in a transaction on Monday, October 13th. The shares were sold at an average price of C$11.55, for a total value of C$115,500.00. Following the completion of the sale, the director owned 34,800 shares in the company, valued at approximately C$401,940. The trade was a 22.32% decrease in their ownership of the stock. Company insiders own 0.17% of the company's stock.

About Endeavour Silver

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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