Endeavour Silver (TSE:EDR) Trading Up 9.2%

Shares of Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) were up 9.2% during mid-day trading on Thursday . The company traded as high as C$4.66 and last traded at C$4.65. Approximately 261,264 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 747,262 shares. The stock had previously closed at C$4.26.

Analyst Ratings Changes

Several research firms have commented on EDR. BMO Capital Markets lifted their target price on shares of Endeavour Silver from C$6.00 to C$7.00 in a research report on Friday, August 2nd. CIBC lifted their price target on Endeavour Silver from C$6.00 to C$7.00 in a report on Wednesday, July 10th. Finally, TD Securities reduced their price objective on Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th.

Endeavour Silver Trading Up 5.9 %

The company has a quick ratio of 2.38, a current ratio of 2.02 and a debt-to-equity ratio of 14.58. The firm has a 50 day moving average of C$4.97 and a 200 day moving average of C$4.37. The firm has a market cap of C$1.23 billion, a PE ratio of -62.63, a P/E/G ratio of 0.76 and a beta of 1.88.

Insider Activity

In related news, Senior Officer Elizabeth Kathryn Senez sold 8,000 shares of the business’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of C$6.50, for a total value of C$52,000.00. In other news, Director Kenneth William Pickering sold 39,000 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of C$6.78, for a total value of C$264,420.00. Also, Senior Officer Elizabeth Kathryn Senez sold 8,000 shares of Endeavour Silver stock in a transaction on Friday, July 12th. The shares were sold at an average price of C$6.50, for a total value of C$52,000.00. Insiders have sold 87,100 shares of company stock valued at $576,363 in the last 90 days. Insiders own 0.17% 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.