Endeavour Silver Corp. (TSE:EDR) Receives C$10.44 Average PT from Analysts

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has earned a consensus rating of “Buy” from the six research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$10.44.

A number of research firms have weighed in on EDR. CIBC increased their target price on shares of Endeavour Silver from C$10.00 to C$12.00 in a research report on Thursday, September 25th. National Bankshares raised 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. National Bank Financial raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Thursday, June 12th. Finally, Ventum Financial raised their price objective on shares of Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th.

Insider Activity at Endeavour Silver

In other news, Director Margaret Beck sold 18,500 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of C$7.64, for a total transaction of C$141,391.80. Also, Senior Officer Gregory Arnold Blaylock sold 8,032 shares of the firm’s stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of C$8.00, for a total transaction of C$64,256.00. In the last quarter, insiders sold 149,414 shares of company stock worth $1,167,723. Corporate insiders own 0.17% of the company’s stock.

Endeavour Silver Stock Performance

TSE:EDR opened at C$10.64 on Tuesday. The company has a market capitalization of C$3.09 billion, a PE ratio of -39.41, a P/E/G ratio of 0.76 and a beta of 2.17. The company has a 50 day simple moving average of C$8.82 and a two-hundred day simple moving average of C$6.95. The company has a debt-to-equity ratio of 20.65, a quick ratio of 2.38 and a current ratio of 1.39. Endeavour Silver has a fifty-two week low of C$4.21 and a fifty-two week high of C$12.02.

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.