Endeavour Silver (TSE:EDR) Shares Pass Above Two Hundred Day Moving Average of $2.80

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.80 and traded as high as C$3.82. Endeavour Silver shares last traded at C$3.81, with a volume of 532,073 shares traded.

Wall Street Analyst Weigh In

EDR has been the subject of a number of recent analyst reports. CIBC decreased their target price on Endeavour Silver from C$4.50 to C$3.75 and set a “neutral” rating for the company in a research report on Wednesday, February 7th. TD Securities upgraded shares of Endeavour Silver from a “hold” rating to a “buy” rating and increased their price objective for the company from C$3.75 to C$4.00 in a research report on Tuesday, January 9th.

Endeavour Silver Stock Up 3.0 %

The company’s 50-day moving average price is C$2.99 and its 200 day moving average price is C$2.80. The company has a debt-to-equity ratio of 2.47, a quick ratio of 2.38 and a current ratio of 1.73. The stock has a market cap of C$888.15 million, a PE ratio of 95.25, a price-to-earnings-growth ratio of 0.76 and a beta of 1.60.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last announced its earnings results on Monday, March 11th. The company reported C$0.03 EPS for the quarter. The business had revenue of C$68.76 million during the quarter. Endeavour Silver had a net margin of 2.98% and a return on equity of 1.74%. As a group, analysts forecast that Endeavour Silver Corp. will post 0.0333677 EPS for the current fiscal year.

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.