Endeavour Silver Corp. (TSE:EDR) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Endeavour Silver Corp. has received an average recommendation of "Buy" from six analytics firms, with two firms issuing a buy rating and three giving a strong buy rating.
• The average 1-year target price for Endeavour Silver stock among analysts is C$10.44, signaling potential upside from current prices.
• Recent insider trading activity included the sale of 149,414 shares of company stock, valued at approximately C$1.17 million, indicating notable movement by company executives.

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK has been assigned a consensus rating of "Buy" from the six ratings firms that are covering the company, Marketbeat.com reports. One investment 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 target price among brokerages that have issued ratings on the stock in the last year is C$10.44.

Several research firms have weighed in on EDR. National Bank Financial upgraded shares of Endeavour Silver to a "strong-buy" rating in a research report on Thursday, June 12th. Ventum Financial lifted their price objective on shares of Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th. National Bankshares lifted their price objective on shares of Endeavour Silver from C$10.00 to C$16.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 24th. Finally, CIBC lifted their price objective on shares of Endeavour Silver from C$10.00 to C$12.00 in a research report on Thursday, September 25th.

Insider Activity

In other Endeavour Silver news, Senior Officer Luis Renato Castro sold 55,000 shares of Endeavour Silver stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of C$7.80, for a total transaction of C$429,000.00. Also, Director Amy Eileen Jacobsen sold 6,582 shares of Endeavour Silver stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of C$7.90, for a total transaction of C$51,997.80. In the last quarter, insiders have sold 149,414 shares of company stock valued at $1,167,723. 0.17% of the stock is currently owned by company insiders.

Endeavour Silver Trading Up 1.5%

Endeavour Silver stock opened at C$10.91 on Tuesday. The company has a debt-to-equity ratio of 20.65, a quick ratio of 2.38 and a current ratio of 1.39. The firm has a market cap of C$3.17 billion, a price-to-earnings ratio of -40.41, a price-to-earnings-growth ratio of 0.76 and a beta of 2.17. Endeavour Silver has a 1 year low of C$4.21 and a 1 year high of C$11.64. The firm's 50 day moving average price is C$8.60 and its two-hundred day moving average price is C$6.86.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.