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 crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.82 and traded as high as C$6.34. Endeavour Silver shares last traded at C$5.97, with a volume of 654,952 shares.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. BMO Capital Markets upped their price target on shares of Endeavour Silver from C$6.00 to C$7.00 in a report on Friday, August 2nd. TD Securities decreased their price objective 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, CIBC upped their price objective on Endeavour Silver from C$6.00 to C$7.00 in a report on Wednesday, July 10th.

Endeavour Silver Trading Down 1.3 %

The company has a market cap of C$1.45 billion, a price-to-earnings ratio of -73.75, a P/E/G ratio of 0.76 and a beta of 1.92. The firm's 50-day moving average price is C$4.78 and its 200 day moving average price is C$4.82. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 14.58.

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.