What Next for Endeavour Silver Corp Stock After Today’s Huge Decline?

 What Next for Endeavour Silver Corp Stock After Today's Huge Decline?

The stock of Endeavour Silver Corp (TSE:EDR) is a huge mover today! About 337,676 shares traded hands. Endeavour Silver Corp (TSE:EDR) has risen 39.94% since April 8, 2016 and is uptrending. It has outperformed by 34.96% the S&P500.
The move comes after 6 months negative chart setup for the $526.89M company. It was reported on Nov, 14 by Barchart.com. We have $4.53 PT which if reached, will make TSE:EDR worth $31.61M less.

Endeavour Silver Corp (TSE:EDR) Ratings Coverage

Out of 3 analysts covering Endeavour Silver Corp. (TSE:EDR), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $6.75 is the highest target while $1.45 is the lowest. The $4.91 average target is 1.87% above today’s ($4.82) stock price. Endeavour Silver Corp. has been the topic of 14 analyst reports since July 21, 2015 according to StockzIntelligence Inc. TD Securities downgraded the shares of EDR in a report on Tuesday, July 21 to “Reduce” rating. TD Securities maintained it with “Hold” rating and $6.50 target price in Friday, November 4 report. The stock of Endeavour Silver Corp (TSE:EDR) earned “Sector Underperformer” rating by IBC on Tuesday, February 23. The stock of Endeavour Silver Corp (TSE:EDR) earned “Hold” rating by Canaccord Genuity on Tuesday, October 25. The stock of Endeavour Silver Corp (TSE:EDR) earned “Outperform” rating by Ringler Research on Thursday, October 29.

Another recent and important Endeavour Silver Corp (TSE:EDR) news was published by Reuters.com which published an article titled: “BRIEF-Endeavour Silver Corp reports Q3 silver and gold production” on October 11, 2016.

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 $526.89 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.

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