Endeavour Silver (TSE:EDR) Price Target Raised to C$7.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price boosted by BMO Capital Markets from C$6.00 to C$7.00 in a research report sent to investors on Friday morning, BayStreet.CA reports.

A number of other research firms have also recently issued reports on EDR. CIBC upped their price target on shares of Endeavour Silver from C$6.00 to C$7.00 in a report on Wednesday, July 10th. TD Securities raised their target price on Endeavour Silver from C$5.50 to C$7.50 in a report on Monday, July 22nd.

Endeavour Silver Stock Down 8.1 %

Shares of EDR stock opened at C$4.63 on Friday. The company has a market capitalization of C$1.11 billion, a price-to-earnings ratio of -463.00, a PEG ratio of 0.76 and a beta of 1.76. The company has a debt-to-equity ratio of 1.72, a quick ratio of 2.38 and a current ratio of 2.02. The stock’s 50 day simple moving average is C$5.51 and its 200 day simple moving average is C$3.96. Endeavour Silver has a twelve month low of C$1.94 and a twelve month high of C$6.87.

Insider Activity at Endeavour Silver

In other news, Director Kenneth William Pickering sold 39,000 shares of Endeavour Silver stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of C$6.78, for a total transaction of C$264,420.00. In other news, Director Kenneth William Pickering sold 39,000 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of C$6.78, for a total transaction of C$264,420.00. Also, Senior Officer Elizabeth Kathryn Senez sold 8,000 shares of the company’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of C$6.50, for a total transaction of C$52,000.00. Over the last 90 days, insiders sold 201,900 shares of company stock worth $1,202,700. Company 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.