Endeavour Silver (TSE:EDR) Reaches New 12-Month High Following Analyst Upgrade

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK)’s stock price reached a new 52-week high on Monday after TD Securities raised their price target on the stock from C$7.00 to C$7.50. The stock traded as high as C$7.22 and last traded at C$7.20, with a volume of 175943 shares changing hands. The stock had previously closed at C$6.60.

Other research analysts have also issued reports about the stock. CIBC boosted their price objective on shares of Endeavour Silver from C$6.00 to C$7.00 in a research note on Wednesday, July 10th. BMO Capital Markets boosted their price target on Endeavour Silver from C$6.00 to C$7.00 in a research report on Friday, August 2nd.

Endeavour Silver Stock Up 9.1 %

The company has a debt-to-equity ratio of 14.58, a current ratio of 2.02 and a quick ratio of 2.38. The firm has a 50-day moving average price of C$4.86 and a 200 day moving average price of C$4.86. The company has a market cap of C$1.77 billion, a price-to-earnings ratio of -90.00, a P/E/G ratio of 0.76 and a beta of 1.92.

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.