Endeavour Silver (TSE:EDR) Shares Down 12.4%

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK)’s stock price was down 12.4% on Thursday . The stock traded as low as C$5.37 and last traded at C$5.45. Approximately 104,649 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 737,099 shares. The stock had previously closed at C$6.22.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on EDR shares. TD Securities lifted their price objective on shares of Endeavour Silver from C$5.50 to C$7.50 in a research report on Monday, July 22nd. CIBC boosted their price target on shares of Endeavour Silver from C$6.00 to C$7.00 in a research report on Wednesday, July 10th. Finally, BMO Capital Markets set a C$6.00 price target on shares of Endeavour Silver and gave the stock an “outperform” rating in a research report on Monday, June 17th.

Endeavour Silver Price Performance

The company has a market capitalization of C$1.20 billion, a P/E ratio of -530.00, a P/E/G ratio of 0.76 and a beta of 1.76. The business’s 50-day simple moving average is C$5.52 and its 200 day simple moving average is C$3.92. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 1.72.

Insider Buying and Selling

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 shares were sold at an average price of C$6.78, for a total value of C$264,420.00. In related news, Senior Officer Gregory Arnold Blaylock sold 17,600 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of C$6.49, for a total transaction of C$114,143.04. Also, Director Kenneth William Pickering sold 39,000 shares of the business’s stock in a transaction that occurred 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. Insiders have sold 201,900 shares of company stock worth $1,202,700 in the last ninety days. 0.57% of the stock is currently owned by corporate insiders.

Endeavour Silver Company Profile

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.