Endeavour Silver (TSE:EDR) Announces Earnings Results

Endeavour Silver (TSE:EDR) (NYSE:EXK) announced its quarterly earnings data on Monday. The company reported C$0.20 earnings per share (EPS) for the quarter, FiscalAI reports. Endeavour Silver had a return on equity of 10.49% and a net margin of 8.73%. The firm had revenue of C$262.66 million during the quarter.

Endeavour Silver Price Performance

Endeavour Silver stock opened at C$11.47 on Wednesday. The business’s 50 day simple moving average is C$12.48 and its 200 day simple moving average is C$13.35. Endeavour Silver has a 12 month low of C$9.76 and a 12 month high of C$20.70. The company has a market cap of C$3.40 billion, a price-to-earnings ratio of 57.35, a PEG ratio of 0.76 and a beta of 3.26. The company has a current ratio of 1.97, a quick ratio of 2.38 and a debt-to-equity ratio of 34.64.

Analyst Ratings Changes

A number of research firms have recently commented on EDR. TD set a C$15.00 target price on Endeavour Silver and gave the stock a “buy” rating in a research note on Monday, August 24th. Canadian Imperial Bank of Commerce lowered shares of Endeavour Silver from an “outperformer” rating to a “hold” rating and reduced their price target for the company from C$25.00 to C$20.00 in a research report on Wednesday, September 23rd. National Bank Financial raised their price objective on shares of Endeavour Silver from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a report on Monday, September 21st. Finally, B. Riley Financial upgraded shares of Endeavour Silver to a “strong-buy” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$20.25.

Endeavour Silver Company Profile

Endeavour is a mid-tier silver producer with three operating mines in Mexico and Peru and a robust pipeline of exploration projects across Mexico, Chile, and the United States. With a proven track record of discovery, development, and responsible mining, Endeavour is driving organic growth and creating lasting value on its path to becoming a leading senior silver producer.