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Endeavour Silver (TSE:EDR) Stock Crosses Above 200-Day Moving Average - What's Next?

Endeavour Silver logo with Basic Materials background

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK's share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.51 and traded as high as C$6.98. Endeavour Silver shares last traded at C$6.80, with a volume of 2,098,317 shares changing hands.

Analyst Ratings Changes

Several analysts have commented on EDR shares. Raymond James set a C$7.50 price objective on shares of Endeavour Silver and gave the stock an "outperform" rating in a report on Friday, March 21st. Ventum Cap Mkts raised shares of Endeavour Silver to a "strong-buy" rating in a research note on Friday, May 23rd. TD Securities decreased their target price on shares of Endeavour Silver from C$7.50 to C$7.00 and set a "buy" rating for the company in a research note on Tuesday, March 11th. CIBC dropped their price target on Endeavour Silver from C$8.00 to C$7.25 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Finally, BMO Capital Markets lowered their price objective on Endeavour Silver from C$8.50 to C$8.00 in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of C$7.75.

Read Our Latest Report on EDR

Endeavour Silver Trading Down 4.0%

The stock has a fifty day simple moving average of C$5.16 and a 200 day simple moving average of C$5.51. The company has a debt-to-equity ratio of 20.65, a quick ratio of 2.38 and a current ratio of 1.39. The firm has a market cap of C$1.13 billion, a P/E ratio of -38.48, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92.

Insider Buying and Selling

In other news, Senior Officer Daniel Dickson sold 50,000 shares of the company's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of C$5.50, for a total value of C$275,000.00. Also, Director Angela Dorothy Johnson bought 5,600 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The stock was bought at an average cost of C$5.28 per share, for a total transaction of C$29,564.64. Over the last quarter, insiders have acquired 8,700 shares of company stock valued at $44,906. 0.17% of the stock is owned by insiders.

Endeavour Silver Company Profile

(Get Free Report)

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.

See Also

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