Endeavour Silver (TSE:EDR) Upgraded to “Strong-Buy” at B. Riley Financial

Endeavour Silver (TSE:EDR) (NYSE:EXK) was upgraded by investment analysts at B. Riley Financial to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, National Bank Financial set a C$28.00 target price on Endeavour Silver and gave the stock an “outperform” rating in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat, Endeavour Silver currently has a consensus rating of “Strong Buy” and an average price target of C$19.23.

Endeavour Silver Price Performance

Shares of TSE:EDR opened at C$10.51 on Monday. The company’s fifty day moving average price is C$11.71 and its 200 day moving average price is C$13.69. Endeavour Silver has a 12 month low of C$6.79 and a 12 month high of C$20.70. The company has a debt-to-equity ratio of 34.64, a current ratio of 1.97 and a quick ratio of 2.38. The firm has a market capitalization of C$3.11 billion, a P/E ratio of 52.55, a P/E/G ratio of 0.76 and a beta of 3.25.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.21 earnings per share for the quarter. Endeavour Silver had a net margin of 8.73% and a return on equity of 10.49%. The firm had revenue of C$301.35 million during the quarter. As a group, sell-side analysts predict that Endeavour Silver will post 0.6341991 earnings per share for the current fiscal year.

Insider Buying and Selling at Endeavour Silver

In other Endeavour Silver news, Director Amy Eileen Jacobsen sold 4,000 shares of Endeavour Silver stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$15.25, for a total value of C$61,000.00. Following the transaction, the director directly owned 10,818 shares in the company, valued at approximately C$164,974.50. The trade was a 26.99% decrease in their ownership of the stock. Also, insider Allison Lauren Pettit sold 4,172 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of C$15.41, for a total transaction of C$64,290.52. Following the completion of the sale, the insider directly owned 3,661 shares of the company’s stock, valued at C$56,416.01. The trade was a 53.26% decrease in their ownership of the stock. Insiders have sold 28,172 shares of company stock worth $430,491 in the last quarter. 0.17% of the stock is currently 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. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.