Endeavour Silver (TSE:EDR) Stock Price Crosses Above 200 Day Moving Average of $2.80

Shares of Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.80 and traded as high as C$3.82. Endeavour Silver shares last traded at C$3.81, with a volume of 532,073 shares changing hands.

Analysts Set New Price Targets

EDR has been the topic of several research analyst reports. TD Securities upgraded Endeavour Silver from a “hold” rating to a “buy” rating and lifted their price target for the company from C$3.75 to C$4.00 in a research report on Tuesday, January 9th. CIBC lowered their price target on Endeavour Silver from C$4.50 to C$3.75 and set a “neutral” rating on the stock in a research report on Wednesday, February 7th.

Endeavour Silver Stock Down 0.3 %

The company has a current ratio of 1.73, a quick ratio of 2.38 and a debt-to-equity ratio of 2.47. The firm has a market capitalization of C$885.82 million, a price-to-earnings ratio of 95.00, a PEG ratio of 0.76 and a beta of 1.60. The stock has a fifty day moving average of C$3.03 and a 200-day moving average of C$2.80.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last issued its earnings results on Monday, March 11th. The company reported C$0.03 earnings per share (EPS) for the quarter. The business had revenue of C$68.76 million for the quarter. Endeavour Silver had a return on equity of 1.74% and a net margin of 2.98%. As a group, sell-side analysts expect that Endeavour Silver Corp. will post 0.0333677 EPS for the current year.

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.