Endeavour Silver (TSE:EDR) Stock Price Up 4.2%

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) shot up 4.2% during mid-day trading on Wednesday . The company traded as high as C$3.71 and last traded at C$3.68. 255,140 shares traded hands during trading, a decline of 64% from the average session volume of 704,987 shares. The stock had previously closed at C$3.53.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EDR. TD Securities upgraded shares of Endeavour Silver from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$3.75 to C$4.00 in a report on Tuesday, January 9th. CIBC dropped their price target on shares of Endeavour Silver from C$4.50 to C$3.75 and set a “neutral” rating on the stock in a research report on Wednesday, February 7th.

Endeavour Silver Price Performance

The company has a quick ratio of 2.38, a current ratio of 1.73 and a debt-to-equity ratio of 2.47. The business’s 50-day moving average is C$2.83 and its two-hundred day moving average is C$2.78. The company has a market capitalization of C$811.22 million, a P/E ratio of 87.00, a price-to-earnings-growth ratio of 0.76 and a beta of 1.60.

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

Insiders Place Their Bets

In related news, Director Kenneth William Pickering acquired 22,500 shares of the stock in a transaction on Friday, January 26th. The shares were acquired at an average price of C$2.18 per share, with a total value of C$49,050.00. Insiders own 0.60% 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.