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

Shares of Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK have received a consensus rating of "Buy" from the five ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is C$7.75.

A number of brokerages recently weighed in on EDR. Ventum Cap Mkts upgraded shares of Endeavour Silver to a "strong-buy" rating in a research report on Friday, May 23rd. Raymond James set a C$7.50 price objective on shares of Endeavour Silver and gave the company an "outperform" rating in a report on Friday, March 21st. CIBC lowered their target price on shares of Endeavour Silver from C$8.00 to C$7.25 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. BMO Capital Markets reduced their price target on shares of Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. Finally, TD Securities decreased their price target on shares of Endeavour Silver from C$7.50 to C$7.00 and set a "buy" rating for the company in a report on Tuesday, March 11th.

Endeavour Silver Trading Down 1.0%

Shares of EDR stock traded down C$0.06 during trading hours on Wednesday, reaching C$6.16. The company had a trading volume of 1,469,128 shares, compared to its average volume of 891,534. The company has a 50 day moving average of C$5.05 and a 200 day moving average of C$5.49. 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 firm has a market cap of C$1.07 billion, a price-to-earnings ratio of -36.30, a P/E/G ratio of 0.76 and a beta of 1.92. Endeavour Silver has a 1-year low of C$3.38 and a 1-year high of C$7.87.

Insider Buying and Selling

In related news, Senior Officer Daniel Dickson sold 50,000 shares of the company's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of C$5.50, for a total value of C$275,000.00. Also, Director Angela Dorothy Johnson bought 5,600 shares of the stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average price of C$5.28 per share, with a total value of C$29,564.64. In the last three months, insiders acquired 8,700 shares of company stock valued at $44,906. 0.17% of the stock is owned by corporate insiders.

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.