Endeavour Silver (TSE:EDR) Sets New 12-Month High Following Analyst Upgrade

Shares of Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK hit a new 52-week high during mid-day trading on Monday after TD Securities raised their price target on the stock from C$7.00 to C$7.50. The company traded as high as C$7.22 and last traded at C$7.20, with a volume of 175943 shares traded. The stock had previously closed at C$6.60.

A number of other analysts also recently commented on the company. CIBC boosted their price objective on Endeavour Silver from C$6.00 to C$7.00 in a research note on Wednesday, July 10th. BMO Capital Markets boosted their price target on shares of Endeavour Silver from C$6.00 to C$7.00 in a research report on Friday, August 2nd.

Endeavour Silver Price Performance

The company has a quick ratio of 2.38, a current ratio of 2.02 and a debt-to-equity ratio of 14.58. The stock's 50 day moving average price is C$4.92 and its two-hundred day moving average price is C$4.89. The firm has a market capitalization of C$1.75 billion, a price-to-earnings ratio of -89.00, a P/E/G ratio of 0.76 and a beta of 1.92.

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.