Endeavour Silver (TSE:EDR) Stock Rating Upgraded by National Bank Financial

Endeavour Silver (TSE:EDR - Get Free Report) NYSE: EXK was upgraded by research analysts at National Bank Financial to a "strong-buy" rating in a research note issued to investors on Thursday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Ventum Cap Mkts raised Endeavour Silver to a "strong-buy" rating in a report on Friday, May 23rd. TD Securities lowered their price target on shares of 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. BMO Capital Markets cut their price target on shares of Endeavour Silver from C$8.50 to C$8.00 in a report on Wednesday, February 12th. CIBC decreased their price objective on shares of Endeavour Silver from C$8.00 to C$7.25 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. Finally, Raymond James set a C$7.50 price target on shares of Endeavour Silver and gave the company an "outperform" rating in a research report on Friday, March 21st. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of C$7.75.

Endeavour Silver Stock Performance

EDR traded up C$0.24 on Thursday, hitting C$6.77. 912,823 shares of the company traded hands, compared to its average volume of 921,438. Endeavour Silver has a 12-month low of C$3.38 and a 12-month high of C$7.87. The company has a 50 day moving average of C$5.28 and a 200-day moving average of C$5.51. 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 stock has a market capitalization of C$1.18 billion, a PE ratio of -39.89, a PEG ratio of 0.76 and a beta of 1.92.

Insider Buying and Selling at Endeavour Silver

In related news, Senior Officer Daniel Dickson sold 50,000 shares of the 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. Also, Director Angela Dorothy Johnson purchased 5,600 shares of the stock in a transaction on Wednesday, April 2nd. The stock was acquired at an average price of C$5.28 per share, with a total value of C$29,564.64. Insiders have acquired 8,700 shares of company stock valued at $44,906 over the last quarter. Corporate insiders own 0.17% of the company's stock.

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.