Endeavour Silver (TSE:EDR) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$13.33 and traded as high as C$14.86. Endeavour Silver shares last traded at C$14.24, with a volume of 813,383 shares.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. TD set a C$15.00 target price on Endeavour Silver and gave the company a “buy” rating in a report on Monday, August 24th. B. Riley Financial raised shares of Endeavour Silver to a “strong-buy” rating in a report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and an average target price of C$18.53.

Endeavour Silver Trading Up 2.7%

The stock has a market cap of C$4.68 billion, a PE ratio of 79.05, a PEG ratio of 0.76 and a beta of 3.20. The company has a current ratio of 1.97, a quick ratio of 2.38 and a debt-to-equity ratio of 34.64. The firm has a fifty day simple moving average of C$12.63 and a two-hundred day simple moving average of C$13.33.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last posted its quarterly earnings data on Wednesday, July 29th. The company reported C$0.21 earnings per share for the quarter. The company had revenue of C$301.35 million for the quarter. Endeavour Silver had a net margin of 8.73% and a return on equity of 10.49%. As a group, equities analysts expect that Endeavour Silver Corp. will post 0.6341991 earnings per share for the current fiscal year.

Endeavour Silver Company Profile

Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.