Endeavour Silver (TSE:EDR) Sets New 52-Week High – Here’s What Happened
by Tristan Rich · The Markets DailyEndeavour Silver Corp. (TSE:EDR – Get Free Report) (NYSE:EXK)’s stock price hit a new 52-week high on Tuesday . The company traded as high as C$14.63 and last traded at C$14.61, with a volume of 2013749 shares trading hands. The stock had previously closed at C$13.48.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on EDR. National Bankshares boosted their price objective on shares of Endeavour Silver from C$18.00 to C$21.00 and gave the company an “outperform” rating in a report on Tuesday, December 9th. Natl Bk Canada raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Monday, December 8th. BMO Capital Markets boosted their price target on shares of Endeavour Silver from C$13.00 to C$15.00 in a report on Friday, October 17th. Ventum Financial raised their price objective on Endeavour Silver from C$9.75 to C$12.15 in a research note on Friday, September 26th. Finally, CIBC lifted their target price on Endeavour Silver from C$14.00 to C$16.00 in a report on Monday, November 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy” and a consensus target price of C$13.11.
View Our Latest Analysis on EDR
Endeavour Silver Price Performance
The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38. The company’s 50-day moving average price is C$12.00 and its 200-day moving average price is C$9.86. The company has a market cap of C$4.30 billion, a P/E ratio of -44.27, a P/E/G ratio of 0.76 and a beta of 2.51.
Endeavour Silver (TSE:EDR – Get Free Report) (NYSE:EXK) last posted its quarterly earnings data on Friday, November 7th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$198.88 million during the quarter. Endeavour Silver had a negative net margin of 13.04% and a negative return on equity of 7.12%. As a group, sell-side analysts predict that Endeavour Silver Corp. will post 0.6341991 earnings per share for the current fiscal year.
Insider Buying and Selling at Endeavour Silver
In related news, Director Rex John Mclennan sold 10,000 shares of the stock in a transaction dated Monday, October 13th. The stock was sold at an average price of C$11.55, for a total transaction of C$115,500.00. Following the completion of the transaction, the director directly owned 34,800 shares in the company, valued at approximately C$401,940. This trade represents a 22.32% decrease in their ownership of the stock. 0.17% of the stock is owned by corporate insiders.
Endeavour Silver Company Profile
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. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.