Endeavour Silver Corp. (TSE:EDR) Receives C$7.75 Consensus Target Price from Brokerages

Shares of Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) have received a consensus recommendation of “Buy” from the five ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$7.75.

Several research firms have commented on EDR. CIBC decreased their price target on shares of Endeavour Silver from C$8.00 to C$7.25 and set a “neutral” rating on the stock in a research note on Thursday, April 3rd. Raymond James set a C$7.50 target price on Endeavour Silver and gave the company an “outperform” rating in a research note on Friday, March 21st. BMO Capital Markets lowered their price objective on Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. Finally, TD Securities cut their target price on shares of Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating on the stock in a report on Tuesday, March 11th.

Insider Transactions at Endeavour Silver

In related news, Senior Officer Daniel Dickson sold 50,000 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of C$5.50, for a total value of C$275,000.00. Also, Director Angela Dorothy Johnson acquired 5,600 shares of the stock in a transaction on Wednesday, April 2nd. The stock was bought at an average price of C$5.28 per share, with a total value of C$29,564.64. Corporate insiders own 0.17% of the company’s stock.

Endeavour Silver Trading Down 4.7 %

Shares of EDR stock opened at C$5.24 on Tuesday. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65. The firm has a market cap of C$909.77 million, a P/E ratio of -30.88, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. The business has a 50-day moving average price of C$5.76 and a two-hundred day moving average price of C$5.85. Endeavour Silver has a 12-month low of C$3.34 and a 12-month high of C$7.87.

About Endeavour Silver

Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas.