Endeavour Silver (TSE:EDR) Price Target Raised to C$20.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective hoisted by analysts at CIBC from C$18.00 to C$20.00 in a report released on Tuesday,BayStreet.CA reports. CIBC’s price objective would suggest a potential upside of 26.58% from the company’s current price.

A number of other research analysts also recently issued reports on the stock. Natl Bk Canada upgraded shares of Endeavour Silver to a “strong-buy” rating in a research report on Monday, December 8th. Cibc Captl Mkts raised Endeavour Silver from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. National Bankshares reduced their target price on Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating for the company in a report on Friday. BMO Capital Markets raised their price target on shares of Endeavour Silver from C$13.00 to C$15.00 in a research note on Friday, October 17th. Finally, Ventum Financial upped their target price on Endeavour Silver from C$9.75 to C$12.15 in a report on Friday, September 26th. Five investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy” and a consensus target price of C$13.61.

Endeavour Silver Trading Up 1.9%

EDR traded up C$0.30 during trading on Tuesday, reaching C$15.80. The company had a trading volume of 1,275,241 shares, compared to its average volume of 1,998,635. The stock has a market cap of C$4.65 billion, a P/E ratio of -47.88, a PEG ratio of 0.76 and a beta of 2.51. Endeavour Silver has a 52 week low of C$4.21 and a 52 week high of C$16.23. The business has a 50 day simple moving average of C$12.30 and a 200-day simple moving average of C$10.14. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65.

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

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