Endeavour Silver (TSE:EDR) Trading Down 2.1% - Time to Sell?

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK shares fell 2.1% during trading on Wednesday . The company traded as low as C$5.65 and last traded at C$5.73. 77,751 shares were traded during mid-day trading, a decline of 90% from the average session volume of 756,636 shares. The stock had previously closed at C$5.85.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. BMO Capital Markets raised their price target on Endeavour Silver from C$6.00 to C$7.00 in a research report on Friday, August 2nd. CIBC lifted their price target on Endeavour Silver from C$6.00 to C$7.00 in a report on Wednesday, July 10th. Finally, TD Securities dropped their price target on shares of Endeavour Silver from C$7.50 to C$7.00 and set a "buy" rating for the company in a research report on Tuesday, August 20th.

Endeavour Silver Price Performance

The business's 50 day moving average is C$4.68 and its two-hundred day moving average is C$4.72. The firm has a market capitalization of C$1.43 billion, a PE ratio of -72.75, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. The company has a debt-to-equity ratio of 14.58, a quick ratio of 2.38 and a current ratio of 2.02.

Insider Activity

In other news, Director Kenneth William Pickering sold 22,500 shares of the 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 news, Senior Officer Elizabeth Kathryn Senez sold 8,000 shares of the business's stock in a transaction dated Friday, July 12th. The shares were sold at an average price of C$6.50, for a total value of C$52,000.00. Also, Director Kenneth William Pickering sold 22,500 shares of Endeavour Silver stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of C$6.48, for a total transaction of C$145,800.00. Over the last ninety days, insiders sold 87,100 shares of company stock valued at $576,363. Insiders own 0.17% of the company's stock.

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.