Endeavour Silver (TSE:EDR) Price Target Raised to C$21.00 at TD Securities

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price boosted by TD Securities from C$14.00 to C$21.00 in a research report report published on Thursday morning,BayStreet.CA reports.

A number of other equities research analysts have also recently commented on EDR. Cibc Captl Mkts upgraded Endeavour Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. BMO Capital Markets raised their price objective on shares of Endeavour Silver from C$13.00 to C$15.00 in a report on Friday, October 17th. Natl Bk Canada raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Monday, December 8th. CIBC increased their target price on shares of Endeavour Silver from C$18.00 to C$20.00 in a research report on Tuesday, January 13th. Finally, National Bankshares decreased their price target on shares of Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Friday, January 9th. Five research 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. Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy” and an average target price of C$15.94.

Endeavour Silver Stock Performance

EDR stock opened at C$18.75 on Thursday. 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$5.52 billion, a PE ratio of -56.82, a P/E/G ratio of 0.76 and a beta of 2.51. The business has a 50 day moving average of C$13.24 and a 200-day moving average of C$10.64. Endeavour Silver has a 12-month low of C$4.21 and a 12-month high of C$18.80.

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

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. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.