Boston, MA – (NYSEPOST) – 03/26/2014 – Endeavour Silver Corp (NYSE:EXK) last month shared its latest National Instrument 43-101(NI 43-101) silver and gold reserve and resource estimates for its silver producing mines in Mexico as of 2013 end. The company’s management anticipating metal prices will likely be higher in the medium and longer terms the price tagged were 10% higher at US$1452 per oz gold and $24.20 per oz silver for the resource estimates.  During 2013, the company’s Silver Proven and Probable Reserves were 11.6 million ounces witnessing a decrease of 50%. Gold Proven and Probable Reserves saw a dip by 37% reporting at 139,400 ounces. Silver Equivalent Proven and Probable Reserves reduced by 41% to 25.9 million oz. Silver Measured and Indicated Resources increased by 4% at 60.7 million oz. Gold Measured and Indicated Resources went up 6% to 556,300 oz. Silver Inferred Resources decreased by 13% to 40.6 million oz. Gold Inferred Resources also dipped by 15% to 396,320 oz. According to the company’s CEO Bradford Cooke, CEO, due to low precious metal prices, Reserve and resource growth impacted company’s operational and financial results.

Endeavour Silver Corp Average Rating Tagged as Hold

Endeavour Silver Corp (NYSE:EXK) based in Canada with a market cap of 454.82M has a 52-week low of $3.03 and a 52-week high of $6.61. Its stock’s 50-day moving average is $5.69 and its 200-day moving average is $4.65. The company shares have be weighed by multiple market analysts. Research analysts at Salman Partners have rate the stock as hold in their research note. Raymond James analysts have set a price target of C$5.50 from C$4.50. BMO Capital Markets research analysts have tagged the company’s shares as market perform and have set the price target C$5.50 from C$4.75. The company currently has an average rating of hold and price target of C$4.94.