Endeavour Silver ( (TSE:EDR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Endeavour Silver shares slid even as Wall Street analysts highlighted the miner’s recent growth and solid execution. They reiterated their Buy ratings and raised their price targets, signaling that the street still sees upside despite the latest pullback.
The company also refreshed its leadership team, adding veteran executive George Paspalas to the board and promoting Luis Castro to chief operating officer. It further named Gord Bussieres as vice president of projects and laid out expansion and development plans for its Kolpa, Terronera, and Pitarrilla assets.
More about Endeavour Silver
YTD Price Performance: 39.79%
Average Trading Volume: 15,074,116
Technical Sentiment Signal: Buy
Current Market Cap: $3.87B
For further insights into EDR stock on TipRanks’ Stock Analysis page.
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