Endeavour Silver (TSE:EDR) Trading Up 16.2% – Here’s Why

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK)’s stock price was up 16.2% on Thursday . The company traded as high as C$14.92 and last traded at C$14.74. Approximately 431,252 shares were traded during trading, a decline of 73% from the average daily volume of 1,578,984 shares. The stock had previously closed at C$12.68.

Analyst Ratings Changes

EDR has been the subject of several research analyst reports. TD Securities upped their price target on shares of Endeavour Silver from C$14.00 to C$21.00 in a research report on Thursday, January 22nd. Canadian Imperial Bank of Commerce upped their price target on shares of Endeavour Silver from C$18.00 to C$20.00 in a research report on Tuesday, January 13th. Finally, National Bank Financial set a C$28.00 price target on shares of Endeavour Silver and gave the company an “outperform” rating in a research report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, Endeavour Silver presently has a consensus rating of “Strong Buy” and an average target price of C$19.23.

Endeavour Silver Trading Down 0.7%

The company has a market cap of C$4.07 billion, a PE ratio of -228.83, a P/E/G ratio of 0.76 and a beta of 3.24. The company has a current ratio of 1.69, a quick ratio of 2.38 and a debt-to-equity ratio of 38.42. The business’s 50-day simple moving average is C$13.85 and its 200-day simple moving average is C$13.73.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last issued its earnings results on Wednesday, May 6th. The company reported C$0.29 earnings per share (EPS) for the quarter. The business had revenue of C$291.55 million during the quarter. Endeavour Silver had a negative net margin of 3.48% and a negative return on equity of 3.75%. As a group, analysts expect that Endeavour Silver Corp. will post 0.6341991 EPS 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.