What’s Propelling Endeavour Silver Corp to Increase So Much?

 What's Propelling Endeavour Silver Corp to Increase So Much?

The stock of Endeavour Silver Corp (TSE:EDR) is a huge mover today! About 142,775 shares traded hands. Endeavour Silver Corp (TSE:EDR) has risen 46.28% since March 10, 2016 and is uptrending. It has outperformed by 40.67% the S&P500.
The move comes after 5 months positive chart setup for the $662.22M company. It was reported on Oct, 17 by Barchart.com. We have $7.44 PT which if reached, will make TSE:EDR worth $238.40 million more.

Endeavour Silver Corp (TSE:EDR) Ratings Coverage

Out of 3 analysts covering Endeavour Silver Corp. (TSE:EDR), 1 rate it a “Buy”, 2 “Sell”, while 0 “Hold”. This means 33% are positive. $6.75 is the highest target while $1.45 is the lowest. The $3.28 average target is -40.04% below today’s ($5.47) stock price. Endeavour Silver Corp. has been the topic of 11 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Endeavour Silver Corp (TSE:EDR) earned “Reduce” rating by TD Securities on Tuesday, July 21. Ringler Research initiated the shares of EDR in a report on Thursday, October 29 with “Outperform” rating. The rating was downgraded by IBC to “Sector Underperformer” on Tuesday, February 23.

More news for Endeavour Silver Corp (TSE:EDR) were recently published by: Reuters.com, which released: “BRIEF-Endeavour Silver Corp reports Q3 silver and gold production” on October 11, 2016. Seekingalpha.com‘s article titled: “Endeavour Silver Propelled Higher By Spectacular Test Results” and published on April 21, 2016 is yet another important article.

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 $662.22 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.

EDR Company Profile

Education Realty Trust, Inc. (EdR), incorporated on July 12, 2004, is a self-managed and self-advised real estate investment trust (REIT). The Trust is engaged in developing, acquiring, owning and managing collegiate housing communities located near university campuses. The Trust operates through three divisions: collegiate housing leasing, development consulting services and management services. The Trust develops collegiate housing communities for its own account and also provides third-party development consulting services on collegiate housing development projects for universities and other third parties. The Trust owns approximately 60 collegiate housing communities located in over 20 states containing approximately 30,400 beds in over 11,680 apartment units in over 40 university campuses. The Trust provides third-party management services for approximately 20 collegiate housing communities located in over 10 states containing approximately 11,540 beds in over 4,090 apartment units in over 20 university campuses.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment