Endeavour Silver Corporation (EXK) Shares are Up 8.5%

Endeavour Silver Corporation (EXK) : Traders are bullish on Endeavour Silver Corporation (EXK) as it has outperformed the S&P 500 by a wide margin of 15.29% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.57%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.5% in the last 1 week, and is up 19.17% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 6.49% and the 50-Day Moving Average is 23.45%. Endeavour Silver Corp. is up 16.87% in the last 3-month period. Year-to-Date the stock performance stands at 241.55%.


Endeavour Silver Corporation (NYSE:EXK): stock turned positive on Friday. Though the stock opened at $4.85, the bulls momentum made the stock top out at $4.96 level for the day. The stock recorded a low of $4.74 and closed the trading day at $4.85, in the green by 1.89%. The total traded volume for the day was 2,384,195. The stock had closed at $4.76 in the previous days trading.

Also, Raymond James upgrades their rating on the shares of Endeavour Silver Corporation (NYSE:EXK). The current rating of the shares is Market Perform. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on June 27, 2016.

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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