Endeavour Silver (TSE:EDR) Hits New 52-Week High at $8.63


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Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) shares hit a new 52-week high on Monday . The company traded as high as C$8.63 and last traded at C$8.51, with a volume of 1347276 shares trading hands. The stock had previously closed at C$7.75.

A number of equities research analysts have weighed in on the stock. TD Securities boosted their target price on shares of Endeavour Silver from C$6.00 to C$8.00 and gave the company a “hold” rating in a research note on Wednesday, January 6th. BMO Capital Markets boosted their target price on shares of Endeavour Silver from C$5.75 to C$6.00 in a research note on Friday, February 5th. Pi Financial set a C$4.80 price objective on Endeavour Silver and gave the stock a “neutral” rating in a research note on Thursday, November 5th. Finally, CIBC reduced their price objective on Endeavour Silver from C$7.75 to C$7.25 in a research note on Monday, February 8th.

The company has a current ratio of 2.92, a quick ratio of 2.22 and a debt-to-equity ratio of 8.59. The stock has a market capitalization of C$1.34 billion and a PE ratio of -33.31. The firm has a 50 day moving average price of C$6.33 and a 200 day moving average price of C$5.30.

In related news, Senior Officer Daniel Dickson sold 60,000 shares of the company’s stock in a transaction on Tuesday, January 5th. The shares were sold at an average price of C$7.20, for a total value of C$432,000.00. Following the completion of the transaction, the insider now owns 39,889 shares of the company’s stock, valued at approximately C$287,200.80. Also, Director Bradford Cooke sold 18,600 shares of the company’s stock in a transaction on Tuesday, January 5th. The stock was sold at an average price of C$7.25, for a total transaction of C$134,850.00. Following the completion of the transaction, the director now directly owns 947,282 shares of the company’s stock, valued at approximately C$6,867,794.50. Insiders sold a total of 104,600 shares of company stock valued at $760,550 over the last 90 days.

Endeavour Silver Company Profile (TSE:EDR)

Endeavour Silver Corp., a mid-tier precious metals mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mining properties in Mexico and Chile. The company also explores for gold and silver deposits, and precious metals. The company has interests in three producing silver-gold mines in Mexico, including the Guanaceví mine in Durango; the Bolañitos mine in Guanajuato; and the El Cubo mine in Guanajuato.

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