Endeavour Silver Corp. (TSE:EDR) Receives C$7.96 Consensus Price Target from Brokerages

Shares of Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK have been given a consensus recommendation of "Buy" by the six research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$7.96.

Several research analysts recently weighed in on EDR shares. CIBC dropped their target price on shares of Endeavour Silver from C$8.00 to C$7.25 and set a "neutral" rating for the company in a report on Thursday, April 3rd. TD Securities cut their target price on Endeavour Silver from C$7.50 to C$7.00 and set a "buy" rating for the company in a research report on Tuesday, March 11th. Raymond James Financial set a C$7.50 target price on Endeavour Silver and gave the company an "outperform" rating in a research note on Friday, March 21st. National Bankshares set a C$9.00 price target on Endeavour Silver and gave the stock an "outperform" rating in a report on Tuesday, June 24th. Finally, Ventum Cap Mkts raised shares of Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd.

Endeavour Silver Stock Performance

TSE EDR traded up C$0.11 on Friday, reaching C$6.71. 1,572,912 shares of the stock were exchanged, compared to its average volume of 914,892. The firm has a market capitalization of C$1.16 billion, a PE ratio of -39.54, a PEG ratio of 0.76 and a beta of 1.92. Endeavour Silver has a one year low of C$3.38 and a one year high of C$7.87. The company's 50-day simple moving average is C$5.54 and its two-hundred day simple moving average is C$5.56. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65.

Insider Buying and Selling at Endeavour Silver

In related news, Senior Officer Daniel Dickson sold 50,000 shares of Endeavour Silver stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of C$5.50, for a total transaction of C$275,000.00. Also, Director Angela Dorothy Johnson purchased 5,600 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average price of C$5.28 per share, for a total transaction of C$29,564.64. In the last three months, insiders bought 8,700 shares of company stock worth $44,906. Insiders own 0.17% of the company's stock.

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.