Endeavour Silver Corp. (TSE:EDR) Receives Consensus Rating of "Buy" from Brokerages

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK has received an average recommendation of "Buy" from the six analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$7.96.

EDR has been the subject of a number of research analyst reports. CIBC lowered their price target on 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. National Bankshares set a C$9.00 target price on Endeavour Silver and gave the stock an "outperform" rating in a report on Tuesday, June 24th. Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. Finally, National Bank Financial raised Endeavour Silver to a "strong-buy" rating in a report on Thursday, June 12th.

Endeavour Silver Price Performance

Shares of Endeavour Silver stock traded up C$0.08 during trading on Thursday, reaching C$7.84. 1,095,300 shares of the company's stock were exchanged, compared to its average volume of 928,394. 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 1-year low of C$3.38 and a 1-year high of C$8.26. The company has a market cap of C$1.36 billion, a P/E ratio of -46.20, a PEG ratio of 0.76 and a beta of 1.92. The firm's 50-day moving average price is C$6.51 and its 200 day moving average price is C$5.83.

Insider Buying and Selling at Endeavour Silver

In other Endeavour Silver news, Director Amy Eileen Jacobsen sold 6,582 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of C$7.90, for a total value of C$51,997.80. Also, Senior Officer Gregory Arnold Blaylock sold 8,032 shares of the 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 value of C$64,256.00. In the last quarter, insiders have sold 104,814 shares of company stock worth $826,854. Insiders own 0.17% of the company's stock.

Endeavour Silver Company Profile

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.