Endeavour Silver (TSE:EDR) Given a C$9.00 Price Target by National Bankshares Analysts

National Bankshares set a C$9.00 price target on Endeavour Silver (TSE:EDR - Free Report) NYSE: EXK in a research report released on Tuesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other brokerages have also recently issued reports on EDR. Raymond James Financial set a C$7.50 price objective on Endeavour Silver and gave the company an "outperform" rating in a research note on Friday, March 21st. CIBC dropped their target price on Endeavour Silver from C$8.00 to C$7.25 and set a "neutral" rating for the company in a report on Thursday, April 3rd. National Bank Financial raised Endeavour Silver to a "strong-buy" rating in a research note on Thursday, June 12th. TD Securities lowered their price objective on Endeavour Silver from C$7.50 to C$7.00 and set a "buy" rating for the company in a research report on Tuesday, March 11th. Finally, Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a research note on Friday, May 23rd. One analyst has rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Endeavour Silver currently has an average rating of "Buy" and an average target price of C$7.96.

Endeavour Silver Price Performance

Endeavour Silver stock traded down C$0.13 during mid-day trading on Tuesday, hitting C$6.60. 585,499 shares of the company traded hands, compared to its average volume of 907,765. 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 one year low of C$3.38 and a one year high of C$7.87. The stock has a market cap of C$1.15 billion, a price-to-earnings ratio of -38.89, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. The stock has a fifty day moving average price of C$5.45 and a 200-day moving average price of C$5.55.

Insider Activity at Endeavour Silver

In other news, Director Angela Dorothy Johnson acquired 5,600 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was acquired at an average price of C$5.28 per share, for a total transaction of C$29,564.64. Also, Senior Officer Daniel Dickson sold 50,000 shares of the business's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of C$5.50, for a total transaction of C$275,000.00. Insiders have purchased a total of 8,700 shares of company stock worth $44,906 over the last quarter. Corporate insiders own 0.17% of the company's stock.

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.