After Today’s Huge Decline, Is Endeavour Silver Corp’s Near-Term Analysis Negative?


The stock of Endeavour Silver Corp (TSE:EDR) is a huge mover today! About 466,452 shares traded hands. Endeavour Silver Corp (TSE:EDR) has risen 276.06% since February 5, 2016 and is uptrending. It has outperformed by 259.58% the S&P500.
The move comes after 5 months negative chart setup for the $873.89 million company. It was reported on Sep, 13 by We have $6.27 PT which if reached, will make TSE:EDR worth $43.69M less.

Out of 3 analysts covering Endeavour Silver Corp. (TSE:EDR), 1 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 33% are positive. Endeavour Silver Corp. has been the topic of 9 analyst reports since October 8, 2015 according to StockzIntelligence Inc.

Endeavour Silver Corp. is a mineral firm engaged in the evaluation, acquisition, exploration, development and exploitation of metal properties in Mexico and Chile. The company has a market cap of $873.89 million. The Company’s operating mining divisions include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate divisions. It currently has negative earnings. The Company’s producing mines include Guanacevi Mine, which is located over 260 kilometers northwest of the city of Durango, Mexico; Bolanitos Mine, which is located over 10 kilometers northwest of the city of Guanajuato, Mexico, and El Cubo Mine, which is located over 10 kilometers southeast of the city of Guanajuato.

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