Endeavour Silver (TSE:EDR) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Endeavour Silver Corp. (TSE:EDRGet Free Report) (NYSE:EXK)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.83 and traded as high as C$6.20. Endeavour Silver shares last traded at C$6.14, with a volume of 1,165,934 shares traded.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Ventum Financial set a C$9.00 price target on shares of Endeavour Silver and gave the company a “buy” rating in a research report on Tuesday, December 3rd. TD Securities decreased their target price on Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating for the company in a research report on Tuesday, March 11th. BMO Capital Markets dropped their price target on Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. Finally, Raymond James set a C$7.50 price objective on Endeavour Silver and gave the stock an “outperform” rating in a research report on Friday, March 21st. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Endeavour Silver presently has an average rating of “Buy” and an average price target of C$7.70.

Check Out Our Latest Report on EDR

Endeavour Silver Stock Performance

The firm has a market capitalization of C$1.07 billion, a PE ratio of -36.18, a PEG ratio of 0.76 and a beta of 1.92. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65. The firm’s fifty day moving average price is C$5.88 and its 200 day moving average price is C$5.83.

Endeavour Silver Company Profile

(Get Free Report)

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.

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