Endeavour Silver (TSE:EDR) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK's share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$5.52 and traded as high as C$5.87. Endeavour Silver shares last traded at C$5.84, with a volume of 1,235,070 shares.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on EDR shares. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research note on Wednesday, November 13th. TD Securities increased their price objective on shares of Endeavour Silver from C$7.00 to C$7.50 in a research note on Friday, October 18th. Finally, Ventum Financial set a C$9.00 price objective on shares of Endeavour Silver and gave the company a "buy" rating in a research note on Tuesday, December 3rd. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of C$7.63.

Endeavour Silver Trading Down 3.6 %

The company's fifty day moving average price is C$5.47 and its two-hundred day moving average price is C$5.51. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 14.58. The firm has a market cap of C$1.39 billion, a P/E ratio of -70.50, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92.

Endeavour Silver (TSE:EDR - Get Free Report) NYSE: EXK last posted its earnings results on Tuesday, November 5th. The company reported C$0.01 earnings per share for the quarter. Endeavour Silver had a negative net margin of 6.53% and a negative return on equity of 3.85%. During the same period last year, the business posted ($0.05) EPS. As a group, sell-side analysts predict that Endeavour Silver Corp. will post 0.6341991 EPS for the current fiscal year.

About Endeavour Silver

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.