Endeavour Silver (TSE:EDR) Stock Crosses Above 200-Day Moving Average of $4.45

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$4.45 and traded as high as C$5.00. Endeavour Silver shares last traded at C$4.88, with a volume of 817,088 shares trading hands.

Wall Street Analysts Forecast Growth

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

Endeavour Silver Stock Up 3.5 %

The firm has a market capitalization of C$1.24 billion, a price-to-earnings ratio of -63.13, a P/E/G ratio of 0.76 and a beta of 1.88. The business’s 50-day moving average is C$4.85 and its two-hundred day moving average is C$4.47. The company has a debt-to-equity ratio of 14.58, a quick ratio of 2.38 and a current ratio of 2.02.

Insiders Place Their Bets

In other news, Senior Officer Elizabeth Kathryn Senez sold 8,000 shares of the business’s 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. In related news, Senior Officer Gregory Arnold Blaylock sold 17,600 shares of Endeavour Silver stock in a transaction dated Monday, July 15th. The stock was sold at an average price of C$6.49, for a total transaction of C$114,143.04. Also, Senior Officer Elizabeth Kathryn Senez sold 8,000 shares of Endeavour Silver 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. Insiders sold 87,100 shares of company stock worth $576,363 over the last ninety days. 0.17% of the stock is currently owned by corporate insiders.

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.