Endeavour Silver (TSE:EDR) Stock Price Crosses Above 200 Day Moving Average of $3.41

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.41 and traded as high as C$4.88. Endeavour Silver shares last traded at C$4.85, with a volume of 272,417 shares traded.

Analysts Set New Price Targets

A number of research analysts have weighed in on EDR shares. BMO Capital Markets set a C$6.00 price target on Endeavour Silver and gave the company an “outperform” rating in a research note on Monday, June 17th. CIBC lifted their target price on Endeavour Silver from C$4.25 to C$6.00 and gave the stock a “neutral” rating in a report on Wednesday, May 22nd.

Endeavour Silver Price Performance

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 stock has a market cap of C$1.17 billion, a P/E ratio of -485.00, a price-to-earnings-growth ratio of 0.76 and a beta of 1.76. The business has a 50-day simple moving average of C$4.75 and a 200 day simple moving average of C$3.41.

Insider Buying and Selling at Endeavour Silver

In related news, Senior Officer Luis Renato Castro sold 38,200 shares of the firm’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of C$5.54, for a total value of C$211,505.76. In other news, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of Endeavour Silver stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of C$5.65, for a total value of C$198,925.76. Also, 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 value of C$211,505.76. Over the last ninety days, insiders sold 114,800 shares of company stock valued at $626,337. Corporate insiders own 0.57% of the company’s stock.

About Endeavour Silver

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.