Endeavour Silver (TSE:EDR) Stock Price Down 2.1% – What’s Next?

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK)’s stock price was down 2.1% during mid-day trading on Wednesday . The company traded as low as C$5.65 and last traded at C$5.73. Approximately 77,751 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 756,636 shares. The stock had previously closed at C$5.85.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on EDR shares. CIBC lifted their target price on shares of Endeavour Silver from C$6.00 to C$7.00 in a research note on Wednesday, July 10th. TD Securities cut their target price on shares of Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th. Finally, BMO Capital Markets lifted their target price on shares of Endeavour Silver from C$6.00 to C$7.00 in a research note on Friday, August 2nd.

Endeavour Silver Stock Down 3.9 %

The business’s fifty day simple moving average is C$4.68 and its 200 day simple moving average is C$4.70. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 14.58. The stock has a market cap of C$1.38 billion, a price-to-earnings ratio of -73.13, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92.

Insiders Place Their Bets

In other Endeavour Silver news, Director Kenneth William Pickering sold 39,000 shares of Endeavour Silver stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of C$6.78, for a total transaction of C$264,420.00. In other news, Senior Officer Elizabeth Kathryn Senez sold 8,000 shares of the business’s stock in a transaction on Friday, July 12th. The shares were sold at an average price of C$6.50, for a total value of C$52,000.00. Also, Director Kenneth William Pickering sold 39,000 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of C$6.78, for a total transaction of C$264,420.00. In the last 90 days, insiders sold 87,100 shares of company stock valued at $576,363. Company insiders own 0.17% 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.