Endeavour Silver (TSE:EDR) Hits New 12-Month High – Still a Buy?

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$16.79 and last traded at C$16.48, with a volume of 237213 shares changing hands. The stock had previously closed at C$16.26.

Analysts Set New Price Targets

EDR has been the topic of a number of research reports. Natl Bk Canada raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Monday, December 8th. Ventum Financial raised their target price on Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th. Cibc Captl Mkts raised Endeavour Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. BMO Capital Markets increased their price objective on Endeavour Silver from C$13.00 to C$15.00 in a research note on Friday, October 17th. Finally, National Bankshares decreased their price objective on Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a report on Friday, January 9th. Five investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Endeavour Silver presently has a consensus rating of “Strong Buy” and a consensus price target of C$13.61.

Endeavour Silver Stock Performance

The stock has a market cap of C$4.85 billion, a price-to-earnings ratio of -50.00, a PEG ratio of 0.76 and a beta of 2.51. 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 firm has a fifty day moving average of C$12.75 and a 200 day moving average of C$10.40.

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