Endeavour Silver Corp. (TSE:EDR) Given Average Recommendation of "Strong Buy" by Analysts

Key Points

• Analyst consensus: Seven analysts give Endeavour Silver an average recommendation of Strong Buy (5 strong buy, 1 buy, 1 hold) with a 12‑month average price target of C$13.11, and several firms recently raised targets (National Bankshares to C$21).
• Financial and stock snapshot: Shares trade around C$13.18 (50‑day MA C$11.74, 200‑day MA C$9.32) with a market cap of C$3.88B and a negative PE of -39.94; the company reported quarterly EPS of C($0.01) on C$198.9M revenue and a -13.04% net margin.

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK has been assigned an average recommendation of "Strong Buy" from the seven analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, one has assigned a buy recommendation and five have assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$13.11.

Several research analysts have recently issued reports on the stock. National Bankshares upped their target price on shares of Endeavour Silver from C$18.00 to C$21.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 9th. Natl Bk Canada upgraded shares of Endeavour Silver to a "strong-buy" rating in a report on Monday, December 8th. BMO Capital Markets upped their price objective on Endeavour Silver from C$13.00 to C$15.00 in a research report on Friday, October 17th. Ventum Financial increased their target price on Endeavour Silver from C$9.75 to C$12.15 in a research note on Friday, September 26th. Finally, CIBC lifted their target price on Endeavour Silver from C$14.00 to C$16.00 in a report on Monday, November 3rd.

Endeavour Silver Price Performance

Shares of TSE:EDR opened at C$13.18 on Friday. The business has a fifty day moving average price of C$11.74 and a 200-day moving average price of C$9.32. The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38. The company has a market capitalization of C$3.88 billion, a PE ratio of -39.94, a PEG ratio of 0.76 and a beta of 2.39. Endeavour Silver has a 1-year low of C$4.21 and a 1-year high of C$14.54.

Endeavour Silver (TSE:EDR - Get Free Report) NYSE: EXK last announced its quarterly earnings results on Friday, November 7th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$198.88 million during the quarter. Endeavour Silver had a negative return on equity of 7.12% and a negative net margin of 13.04%. As a group, equities analysts expect that Endeavour Silver will post 0.6341991 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Rex John Mclennan sold 10,000 shares of Endeavour Silver stock in a transaction dated Monday, October 13th. The stock was sold at an average price of C$11.55, for a total value of C$115,500.00. Following the completion of the sale, the director directly owned 34,800 shares in the company, valued at approximately C$401,940. This trade represents a 22.32% decrease in their position. 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. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.

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