Endeavour Silver (TSE:EDR) Price Target Raised to C$7.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price target hoisted by CIBC from C$6.00 to C$7.00 in a report released on Wednesday, BayStreet.CA reports.

Separately, BMO Capital Markets set a C$6.00 target price on shares of Endeavour Silver and gave the company an outperform rating in a report on Monday, June 17th.

Endeavour Silver Price Performance

Shares of EDR opened at C$6.48 on Wednesday. The company has a market cap of C$1.56 billion, a price-to-earnings ratio of -648.00, a PEG ratio of 0.76 and a beta of 1.76. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 1.72. The company’s fifty day simple moving average is C$5.09 and its 200 day simple moving average is C$3.57. Endeavour Silver has a 1-year low of C$1.94 and a 1-year high of C$6.63.

Insider Activity at Endeavour Silver

In other Endeavour Silver news, Senior Officer Luis Renato Castro sold 38,200 shares of Endeavour Silver stock in a transaction on Thursday, May 30th. The shares were sold at an average price of C$5.54, for a total transaction of C$211,505.76. In other Endeavour Silver news, Senior Officer Luis Renato Castro sold 38,200 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of C$5.54, for a total transaction of C$211,505.76. Also, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of C$5.65, for a total value of C$198,925.76. In the last quarter, insiders have sold 122,800 shares of company stock worth $678,337. Company insiders own 0.57% of the company’s stock.

Endeavour Silver Company Profile

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.