Endeavour Silver (TSE:EDR) Price Target Raised to C$21.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price target hoisted by TD Securities from C$14.00 to C$21.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports.

Several other equities analysts have also recently weighed in on the company. Cibc Captl Mkts upgraded Endeavour Silver from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. BMO Capital Markets raised their target price on shares of Endeavour Silver from C$13.00 to C$15.00 in a report on Friday, October 17th. National Bankshares cut their price target on shares of Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Friday, January 9th. CIBC increased their price objective on shares of Endeavour Silver from C$18.00 to C$20.00 in a research report on Tuesday, January 13th. Finally, Ventum Financial raised their price objective on shares of Endeavour Silver from C$9.75 to C$12.15 in a report on Friday, September 26th. Five equities research 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 company’s stock. According to data from MarketBeat, Endeavour Silver currently has a consensus rating of “Strong Buy” and a consensus price target of C$15.94.

Endeavour Silver Price Performance

Shares of EDR stock opened at C$19.33 on Thursday. 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 has a 12-month low of C$4.21 and a 12-month high of C$19.49. The firm has a fifty day moving average of C$13.41 and a 200-day moving average of C$10.75. The firm has a market capitalization of C$5.69 billion, a price-to-earnings ratio of -58.58, a price-to-earnings-growth ratio of 0.76 and a beta of 2.51.

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