Analysts Set Endeavour Silver Corp. (TSE:EDR) Price Target at C$7.75

Shares of Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) have been given a consensus rating of “Buy” by the five ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$7.70.

Several research firms recently issued reports on EDR. TD Securities reduced their price objective on shares of Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, March 11th. Raymond James set a C$7.50 target price on Endeavour Silver and gave the company an “outperform” rating in a report on Friday. Ventum Financial set a C$9.00 price target on Endeavour Silver and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Finally, BMO Capital Markets lowered their price objective on Endeavour Silver from C$8.50 to C$8.00 in a report on Wednesday, February 12th.

Endeavour Silver Price Performance

TSE EDR opened at C$6.66 on Friday. 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 stock has a market capitalization of C$1.16 billion, a PE ratio of -39.24, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. Endeavour Silver has a 12-month low of C$2.85 and a 12-month high of C$7.87. The company has a 50 day moving average price of C$5.72 and a two-hundred day moving average price of C$5.74.

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.