Endeavour Silver (TSE:EDR) Stock Price Passes Above 200 Day Moving Average of $4.55

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK's stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.55 and traded as high as C$5.81. Endeavour Silver shares last traded at C$5.49, with a volume of 918,563 shares.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on EDR shares. CIBC lifted their target price on Endeavour Silver from C$6.00 to C$7.00 in a research report on Wednesday, July 10th. TD Securities dropped their target price on shares of Endeavour Silver from C$7.50 to C$7.00 and set a "buy" rating on the stock in a report on Tuesday, August 20th. Finally, BMO Capital Markets raised their target price 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 stock's 50 day simple moving average is C$4.74 and its 200-day simple moving average is C$4.57. The company has a debt-to-equity ratio of 14.58, a quick ratio of 2.38 and a current ratio of 2.02. The firm has a market cap of C$1.35 billion, a price-to-earnings ratio of -68.63, a price-to-earnings-growth ratio of 0.76 and a beta of 1.88.

Insider Activity

In other Endeavour Silver news, Director Kenneth William Pickering sold 22,500 shares of Endeavour Silver stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of C$6.48, for a total transaction of C$145,800.00. In other Endeavour Silver news, Director Kenneth William Pickering sold 22,500 shares of Endeavour Silver stock in a transaction dated Friday, July 12th. The stock was sold at an average price of C$6.48, for a total transaction of C$145,800.00. Also, Senior Officer Gregory Arnold Blaylock sold 17,600 shares of the company's stock in a transaction dated Monday, July 15th. The stock was sold at an average price of C$6.49, for a total value of C$114,143.04. Over the last three months, insiders have sold 87,100 shares of company stock valued at $576,363. Company insiders own 0.17% of the company's stock.

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.