Endeavour Silver (TSE:EDR) Hits New 12-Month High – Here’s What Happened

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) hit a new 52-week high during trading on Monday . The company traded as high as C$16.79 and last traded at C$16.48, with a volume of 237213 shares traded. The stock had previously closed at C$16.26.

Analysts Set New Price Targets

A number of research firms have weighed in on EDR. Ventum Financial lifted their price target on Endeavour Silver from C$9.75 to C$12.15 in a research note on Friday, September 26th. National Bankshares lowered their target price on shares of Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Friday, January 9th. CIBC increased their price target on Endeavour Silver from C$18.00 to C$20.00 in a report on Tuesday, January 13th. Cibc Captl Mkts upgraded Endeavour Silver from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Finally, Natl Bk Canada upgraded Endeavour Silver to a “strong-buy” rating in a report on Monday, December 8th. Five analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Strong Buy” and a consensus price target of C$13.61.

Endeavour Silver Trading Up 3.6%

The stock has a fifty day moving average of C$12.98 and a two-hundred day moving average of C$10.54. 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 company has a market capitalization of C$5.02 billion, a PE ratio of -51.70, a PEG ratio of 0.76 and a beta of 2.51.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last announced its quarterly earnings results on Friday, November 7th. The company reported C($0.01) earnings per share (EPS) for the quarter. Endeavour Silver had a negative net margin of 13.04% and a negative return on equity of 7.12%. The business had revenue of C$198.88 million for the quarter. As a group, sell-side analysts anticipate that Endeavour Silver Corp. will post 0.6341991 earnings per share for the current fiscal year.

Endeavour Silver Company Profile

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. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.