Brokerages Set Endeavour Silver Corp. (TSE:EDR) Target Price at C$7.96

Shares of Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK have been given an average recommendation of "Buy" by the six brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$7.96.

A number of brokerages have issued reports on EDR. 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. National Bank Financial upgraded Endeavour Silver to a "strong-buy" rating in a report on Thursday, June 12th. Finally, Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a research report on Friday, May 23rd.

Insider Activity

In other news, Director Amy Eileen Jacobsen sold 6,582 shares of the stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of C$7.90, for a total transaction of C$51,997.80. Also, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of the stock in a transaction dated Monday, July 14th. The shares were sold at an average price of C$8.00, for a total transaction of C$281,600.00. Insiders have sold 104,814 shares of company stock valued at $826,854 in the last ninety days. 0.17% of the stock is currently owned by company insiders.

Endeavour Silver Stock Performance

Shares of TSE EDR traded up C$0.26 during midday trading on Monday, hitting C$7.76. 537,824 shares of the company's stock were exchanged, compared to its average volume of 940,476. Endeavour Silver has a 12 month low of C$3.74 and a 12 month high of C$8.26. The company's 50 day moving average price is C$7.20 and its 200 day moving average price is C$6.10. 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 firm has a market capitalization of C$1.35 billion, a PE ratio of -45.73, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92.

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.