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

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has been assigned a consensus rating of “Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$10.44.

Several research firms have weighed in on EDR. National Bank Financial upgraded shares of Endeavour Silver to a “strong-buy” rating in a research report on Thursday, June 12th. Ventum Financial lifted their price objective on shares of Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th. National Bankshares lifted their price objective on shares of Endeavour Silver from C$10.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 24th. Finally, CIBC lifted their price objective on shares of Endeavour Silver from C$10.00 to C$12.00 in a research report on Thursday, September 25th.

Insider Activity

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

Endeavour Silver Trading Up 1.5%

Endeavour Silver stock opened at C$10.91 on Tuesday. 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 firm has a market cap of C$3.17 billion, a price-to-earnings ratio of -40.41, a price-to-earnings-growth ratio of 0.76 and a beta of 2.17. Endeavour Silver has a 1 year low of C$4.21 and a 1 year high of C$11.64. The firm’s 50 day moving average price is C$8.60 and its two-hundred day moving average price is C$6.86.

Endeavour Silver Company Profile

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.