Endeavour Silver Corp Can’t Burn Your Short Portfolio. Has Another Weak Session

 Endeavour Silver Corp Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of Endeavour Silver Corp (TSE:EDR) is a huge mover today! About 494,350 shares traded hands or 2.04% up from the average. Endeavour Silver Corp (TSE:EDR) has risen 105.33% since March 31, 2016 and is uptrending. It has outperformed by 104.24% the S&P500.
The move comes after 5 months negative chart setup for the $837.05 million company. It was reported on Nov, 4 by Barchart.com. We have $5.88 PT which if reached, will make TSE:EDR worth $66.96 million less.

Endeavour Silver Corp (TSE:EDR) Ratings Coverage

Out of 4 analysts covering Endeavour Silver Corp. (TSE:EDR), 1 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 25% are positive. $6.75 is the highest target while $1.45 is the lowest. The $3.78 average target is -40.85% below today’s ($6.39) stock price. Endeavour Silver Corp. has been the topic of 12 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Endeavour Silver Corp (TSE:EDR) earned “Hold” rating by Canaccord Genuity on Tuesday, October 25. The firm has “Sector Underperformer” rating by IBC given on Tuesday, February 23. TD Securities downgraded it to “Reduce” rating and $1.7 target price in Tuesday, July 21 report. Ringler Research initiated the stock with “Outperform” rating in Thursday, October 29 report.

More recent Endeavour Silver Corp (TSE:EDR) news were published by: Marketwired.com which released: “Endeavour Silver Completes Acquisition of Parral Properties from Silver Standard” on November 01, 2016. Also Reuters.com published the news titled: “BRIEF-Endeavour Silver Corp reports Q3 silver and gold production” on October 11, 2016. Seekingalpha.com‘s news article titled: “Endeavour Silver’s (EXK) CEO Bradford Cooke on Q3 2016 Results – Earnings Call …” with publication date: November 03, 2016 was also an interesting one.

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 $837.05 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.

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