Endeavour Silver Corp. (TSE:EDR) Receives C$13.11 Average Price Target from Brokerages

Shares of Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) have earned an average rating of “Strong Buy” from the seven brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating, one has issued a buy rating and five have issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is C$13.11.

A number of equities analysts recently weighed in on EDR shares. National Bankshares boosted their target price on shares of Endeavour Silver from C$18.00 to C$21.00 and gave the stock an “outperform” rating in a report on Tuesday, December 9th. Cibc Captl Mkts raised Endeavour Silver from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Ventum Financial increased their target price on shares of Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th. Natl Bk Canada upgraded Endeavour Silver to a “strong-buy” rating in a research report on Monday, December 8th. Finally, BMO Capital Markets raised their target price on Endeavour Silver from C$13.00 to C$15.00 in a report on Friday, October 17th.

Insider Buying and Selling at Endeavour Silver

In other news, Director Rex John Mclennan sold 10,000 shares of the business’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of C$11.55, for a total transaction of C$115,500.00. Following the sale, the director directly owned 34,800 shares in the company, valued at approximately C$401,940. The trade was a 22.32% decrease in their ownership of the stock. Company insiders own 0.17% of the company’s stock.

Endeavour Silver Stock Down 0.2%

Shares of Endeavour Silver stock opened at C$13.58 on Friday. The company has a market capitalization of C$3.99 billion, a P/E ratio of -41.15, a price-to-earnings-growth ratio of 0.76 and a beta of 2.39. Endeavour Silver has a 1 year low of C$4.21 and a 1 year high of C$14.54. 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 business has a 50-day moving average of C$11.82 and a two-hundred day moving average of C$9.45.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last announced its earnings results on Friday, November 7th. The company reported C($0.01) earnings per share for the quarter. Endeavour Silver had a negative return on equity of 7.12% and a negative net margin of 13.04%.The company had revenue of C$198.88 million during the quarter. As a group, equities analysts predict that Endeavour Silver will post 0.6341991 EPS for the current year.

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. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.