National Bankshares Issues Positive Forecast for Endeavour Silver (TSE:EDR) Stock Price

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price target raised by National Bankshares from C$18.00 to C$21.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other analysts have also issued research reports about the stock. CIBC lifted their price target on shares of Endeavour Silver from C$14.00 to C$16.00 in a research report on Monday, November 3rd. Cibc Captl Mkts upgraded Endeavour Silver from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. BMO Capital Markets increased their price target on Endeavour Silver from C$13.00 to C$15.00 in a report on Friday, October 17th. Natl Bk Canada upgraded shares of Endeavour Silver to a “strong-buy” rating in a report on Monday. Finally, Ventum Financial upped their target price on shares of Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th. Five analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Endeavour Silver currently has an average rating of “Strong Buy” and an average target price of C$13.11.

Endeavour Silver Stock Up 4.4%

TSE EDR opened at C$12.28 on Tuesday. The business’s fifty day simple moving average is C$11.43 and its 200-day simple moving average is C$8.93. 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$3.61 billion, a PE ratio of -37.21, a P/E/G ratio of 0.76 and a beta of 2.39. Endeavour Silver has a 52 week low of C$4.21 and a 52 week high of C$14.54.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last released its quarterly earnings data on Friday, November 7th. The company reported C($0.01) earnings per share (EPS) for the quarter. Endeavour Silver had a negative return on equity of 7.12% and a negative net margin of 13.04%.The firm had revenue of C$198.88 million for the quarter. As a group, equities analysts anticipate that Endeavour Silver will post 0.6341991 earnings per share for the current year.

Insiders Place Their Bets

In other Endeavour Silver news, Director Rex John Mclennan sold 10,000 shares of the business’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of C$11.55, for a total transaction of C$115,500.00. Following the sale, the director directly owned 34,800 shares in the company, valued at C$401,940. This represents a 22.32% decrease in their ownership of the stock. 0.17% of the stock is currently owned by corporate 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.