Endeavour Silver Corp. (TSE:EDR) Given Average Recommendation of “Buy” by Analysts

Shares of Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) have been assigned an average rating of “Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$7.96.

EDR has been the topic of several research analyst reports. National Bankshares set a C$9.00 price target on Endeavour Silver and gave the company an “outperform” rating in a research note on Tuesday, June 24th. National Bank Financial upgraded Endeavour Silver to a “strong-buy” rating in a research note on Thursday, June 12th. Finally, Ventum Cap Mkts upgraded Endeavour Silver to a “strong-buy” rating in a research note on Friday, May 23rd.

Endeavour Silver Stock Up 3.9%

Endeavour Silver stock opened at C$8.48 on Friday. The company has a debt-to-equity ratio of 20.65, a quick ratio of 2.38 and a current ratio of 1.39. The business’s 50-day simple moving average is C$7.74 and its two-hundred day simple moving average is C$6.38. The company has a market cap of C$2.46 billion, a PE ratio of -31.41, a PEG ratio of 0.76 and a beta of 1.82. Endeavour Silver has a fifty-two week low of C$4.21 and a fifty-two week high of C$9.25.

Insider Transactions at Endeavour Silver

In other Endeavour Silver news, Director Amy Eileen Jacobsen sold 6,582 shares of Endeavour Silver stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of C$7.90, for a total transaction of C$51,997.80. Also, Senior Officer Luis Renato Castro sold 55,000 shares of Endeavour Silver stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of C$7.80, for a total value of C$429,000.00. Insiders have sold a total of 149,414 shares of company stock worth $1,167,723 in the last 90 days. 0.17% of the stock is owned by company insiders.

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.