Endeavour Silver (TSE:EDR) Shares Cross Below 200-Day Moving Average of $4.44

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.44 and traded as low as C$3.57. Endeavour Silver shares last traded at C$3.62, with a volume of 73,939 shares trading hands.

Wall Street Analyst Weigh In

Separately, TD Securities lowered their price objective on Endeavour Silver from C$5.50 to C$5.00 and set a “hold” rating for the company in a research note on Wednesday, August 9th.

Endeavour Silver Stock Down 1.1 %

The stock has a 50 day simple moving average of C$4.09 and a 200-day simple moving average of C$4.44. The firm has a market cap of C$693.23 million, a PE ratio of 40.22, a PEG ratio of 0.76 and a beta of 1.45. The company has a debt-to-equity ratio of 3.90, a current ratio of 2.62 and a quick ratio of 2.38.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last announced its quarterly earnings data on Tuesday, August 8th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.02). The company had revenue of C$67.26 million for the quarter, compared to analysts’ expectations of C$66.90 million. Endeavour Silver had a net margin of 5.22% and a return on equity of 3.92%. Sell-side analysts predict that Endeavour Silver Corp. will post 0.1882475 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 Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.