Endeavour Silver Corp (EDR) Stock Price Up 4.7%

Endeavour Silver Corp (TSE:EDR) (NYSE:EXK) rose 4.7% during trading on Tuesday . The company traded as high as C$3.14 and last traded at C$3.11. Approximately 173,268 shares traded hands during trading, a decline of 37% from the average daily volume of 276,211 shares. The stock had previously closed at C$2.97.

EDR has been the subject of a number of recent research reports. TD Securities cut their price objective on Endeavour Silver Corp from C$4.50 to C$4.25 and set a “hold” rating for the company in a research report on Friday, August 4th. Canaccord Genuity reiterated a “hold” rating and set a C$3.00 price objective on shares of Endeavour Silver Corp in a research report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$4.96.

The firm has a market capitalization of $390.02 million and a P/E ratio of 60.00. The stock’s 50 day moving average price is $3.07 and its 200-day moving average price is $3.88.

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Endeavour Silver Corp Company Profile

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.

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