Endeavour Silver (TSE:EDR) Shares Cross Above 200 Day Moving Average of $3.41

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.41 and traded as high as C$4.88. Endeavour Silver shares last traded at C$4.85, with a volume of 272,417 shares.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. CIBC increased their target price on Endeavour Silver from C$4.25 to C$6.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 22nd. BMO Capital Markets set a C$6.00 target price on Endeavour Silver and gave the stock an “outperform” rating in a research note on Monday, June 17th.

Endeavour Silver Stock Performance

The company has a debt-to-equity ratio of 1.72, a current ratio of 2.02 and a quick ratio of 2.38. The stock has a 50-day simple moving average of C$4.78 and a 200-day simple moving average of C$3.42. The stock has a market cap of C$1.26 billion, a P/E ratio of -525.00, a PEG ratio of 0.76 and a beta of 1.76.

Insider Transactions at Endeavour Silver

In related news, Senior Officer Luis Renato Castro sold 38,200 shares of Endeavour Silver stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of C$5.54, for a total value of C$211,505.76. In related news, Senior Officer Luis Renato Castro sold 38,200 shares of Endeavour Silver stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of C$5.54, for a total value of C$211,505.76. Also, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of Endeavour Silver stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of C$5.65, for a total value of C$198,925.76. Over the last three months, insiders have sold 114,800 shares of company stock worth $626,337. Insiders own 0.57% 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.