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

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

EDR has been the subject of a number of other research reports. Raymond James set a C$7.50 price target on Endeavour Silver and gave the stock an "outperform" rating in a research report on Friday, March 21st. TD Securities lowered their price target 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. CIBC reduced their price objective on 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 objective on Endeavour Silver from C$8.50 to C$8.00 in a research note on Wednesday, February 12th. Finally, Ventum Cap Mkts upgraded Endeavour Silver to a "strong-buy" rating in a research note on Friday, May 23rd. One research analyst has rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$7.75.

Endeavour Silver Stock Up 0.3%

TSE EDR traded up C$0.02 during midday trading on Thursday, hitting C$6.55. 621,455 shares of the company traded hands, compared to its average volume of 925,529. 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 company has a market cap of C$1.14 billion, a PE ratio of -38.60, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. The company's 50-day simple moving average is C$5.24 and its 200-day simple moving average is C$5.51. Endeavour Silver has a 52 week low of C$3.38 and a 52 week high of C$7.87.

Insider Activity

In related news, Senior Officer Daniel Dickson sold 50,000 shares of Endeavour Silver stock in a transaction dated 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 stock in a transaction that occurred on Wednesday, April 2nd. The stock was purchased at an average price of C$5.28 per share, for a total transaction of C$29,564.64. Insiders have acquired 8,700 shares of company stock worth $44,906 in the last ninety days. Company 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.