Endeavour Silver (TSE:EDR) Price Target Cut to C$5.50 by Analysts at Stifel Nicolaus

Endeavour Silver (TSE:EDRGet Rating) (NYSE:EXK) had its target price decreased by Stifel Nicolaus from C$6.50 to C$5.50 in a report published on Wednesday morning, BayStreet.CA reports.

A number of other research analysts have also recently commented on the stock. HC Wainwright restated a buy rating and set a C$6.00 price target on shares of Endeavour Silver in a research note on Wednesday, August 10th. BMO Capital Markets raised their price objective on shares of Endeavour Silver from C$4.00 to C$4.25 in a report on Wednesday, November 9th. Finally, CIBC dropped their price objective on shares of Endeavour Silver from C$8.00 to C$7.50 and set a neutral rating for the company in a report on Wednesday, November 9th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of C$6.13.

Endeavour Silver Stock Up 0.9 %

Shares of EDR opened at C$4.70 on Wednesday. The stock has a market cap of C$892.95 million and a price-to-earnings ratio of 52.22. The company has a quick ratio of 2.38, a current ratio of 3.65 and a debt-to-equity ratio of 4.84. Endeavour Silver has a 12 month low of C$3.40 and a 12 month high of C$7.27. The company has a 50-day moving average price of C$4.44 and a two-hundred day moving average price of C$4.37.

About Endeavour Silver

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Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company operates two producing silver-gold mines in Mexico, such as the Guanaceví mine in Durango; and the Bolañitos mine in Guanajuato.

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