Silver for September delivery is down 2.01% to $19.61 per ounce on the COMEX.
Silver is lower today as it struggles against a stronger dollar. Also, economic data indicated that the U.S. government would increase interest rates as early as September, weighing on the commodity metal.
Haven investments like silver and gold tend to drop when interest rates increase, as investors look for assets with higher yields. Silver provides no yield in a high interest environment.
Endeavor Silver is a Canadian mining and exploration company.
Separately, TheStreet Ratings rated this stock as a "sell" with a ratings score of E+.
The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and weak operating cash flow.
You can view the full analysis from the report here: EXK
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.