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

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK has received an average rating of "Buy" from the five ratings firms that are presently covering the company, Marketbeat reports. One equities research 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 12-month price target among analysts that have issued ratings on the stock in the last year is C$7.75.

A number of equities analysts have recently weighed in on the company. BMO Capital Markets lowered their target price on Endeavour Silver from C$8.50 to C$8.00 in a research note on Wednesday, February 12th. Raymond James set a C$7.50 target price on Endeavour Silver and gave the stock an "outperform" rating in a research note on Friday, March 21st. CIBC lowered their target price on Endeavour Silver from C$8.00 to C$7.25 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Finally, TD Securities lowered their price objective on Endeavour Silver from C$7.50 to C$7.00 and set a "buy" rating on the stock in a research note on Tuesday, March 11th.

Insider Activity

In other news, Senior Officer Daniel Dickson sold 50,000 shares of the company's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of C$5.50, for a total value of C$275,000.00. Also, Director Angela Dorothy Johnson acquired 5,600 shares of the company's stock in a transaction on Wednesday, April 2nd. The shares were bought at an average cost of C$5.28 per share, with a total value of C$29,564.64. 0.17% of the stock is currently owned by corporate insiders.

Endeavour Silver Stock Down 2.1%

Shares of Endeavour Silver stock traded down C$0.10 during trading on Friday, hitting C$4.61. 337,255 shares of the stock traded hands, compared to its average volume of 850,762. The stock has a market cap of C$800.39 million, a P/E ratio of -27.16, a PEG ratio of 0.76 and a beta of 1.92. 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 twelve month low of C$3.38 and a twelve month high of C$7.87. The company has a fifty day moving average price of C$5.55 and a two-hundred day moving average price of C$5.72.

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.