Endeavour Silver (TSE:EDR) Upgraded by Raymond James to “Moderate Buy” Rating

Endeavour Silver (TSE:EDR) (NYSE:EXK) was upgraded by analysts at Raymond James to a “moderate buy” rating in a report issued on Thursday,Zacks.com reports.

EDR has been the subject of several other reports. Ventum Financial set a C$9.00 target price on Endeavour Silver and gave the company a “buy” rating in a report on Tuesday, December 3rd. 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. Finally, BMO Capital Markets lowered their price target on Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$7.70.

Endeavour Silver Price Performance

Endeavour Silver stock opened at C$6.66 on Thursday. The business has a 50-day simple moving average of C$5.72 and a 200 day simple moving average of C$5.72. Endeavour Silver has a 52 week low of C$2.85 and a 52 week high of C$7.87. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65. The stock has a market cap of C$1.16 billion, a price-to-earnings ratio of -39.24, a PEG ratio of 0.76 and a beta of 1.92.

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.