Company Shares of Endeavour Silver Corporation Rally 1.11%

Endeavour Silver Corporation (NYSE:EXK) has climbed 1.11% in the past week and advanced 3.68% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.32% and the outperformance has advanced to 2.74% for the last 4 weeks period.

Endeavour Silver Corporation (NYSE:EXK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $3.71 and $3.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $3.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $3.66, notching a gain of 1.10% for the day. The total traded volume was 3,433,985 . The stock had closed at $3.62 on the previous day.

The company shares have rallied 79.41% from its 1 Year high price. On Apr 29, 2016, the shares registered one year high at $4.28 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $3.56 and the 200 Day Moving Average price is recorded at $2.37.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Rodman & Renshaw, maintains their rating on the shares of Endeavour Silver Corporation (NYSE:EXK). Rodman & Renshaw has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $3.4 per share from a prior target of $2.5. The rating by the firm was issued on April 12, 2016. Institutional Investors own 19.53% of Endeavour Silver Corporation shares.

Endeavour Silver Corp. (Endeavour) is a Canada-based mining company. The Company is engaged in silver mining in Mexico and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is also engaged in exploration activities in Chile. Its producing mines include Guanacevi Mine, which is located 260 kilometers northwest of the city of Durango, Mexico; Bolanitos Mine, which is located 10 kilometers northwest of the city of Guanajuato, Mexico, and El Cubo Mine, which is located six kilometers southeast of the city of Guanajuato. Its exploration projects include Guadalupe y Calvo, an advanced silver-gold exploration project; Parral Mine, which is located around 210 kilometers south of the city of Chihuahua, Mexico; Terronera, a project is located 40 kilometers northeast of Puerto Vallarta in the state of Jalisco, Mexico, and Lourdes, an early-stage exploration silver and gold property.

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