Endeavour Silver Corp. (TSE:EDR) Given Average Recommendation of “Buy” by Brokerages

Shares of Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) have been given a consensus rating of “Buy” by the five brokerages that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$7.75.

A number of research firms recently weighed in on EDR. TD Securities decreased 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. Ventum Financial set a C$9.00 price target on Endeavour Silver and gave the company a “buy” rating in a research report on Tuesday, December 3rd. BMO Capital Markets decreased their price target on Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. Finally, Raymond James set a C$7.50 price target on Endeavour Silver and gave the company an “outperform” rating in a research report on Friday.

Endeavour Silver Price Performance

TSE:EDR traded down C$0.27 during mid-day trading on Friday, reaching C$6.67. 668,711 shares of the stock were exchanged, compared to its average volume of 700,101. The business has a fifty day moving average price of C$5.69 and a 200 day moving average price of C$5.70. The firm has a market capitalization of C$1.16 billion, a PE ratio of -39.30, a PEG ratio of 0.76 and a beta of 1.92. Endeavour Silver has a 1-year low of C$2.85 and a 1-year high of C$7.87. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65.

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.