Endeavour Silver Corp. (TSE:EDR) Receives Average Rating of “Strong Buy” from Analysts

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has received a consensus recommendation of “Strong Buy” from the seven brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, one has given a buy recommendation and five have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$13.61.

A number of equities analysts recently issued reports on the stock. Cibc Captl Mkts raised shares of Endeavour Silver from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Natl Bk Canada upgraded shares of Endeavour Silver to a “strong-buy” rating in a report on Monday, December 8th. Ventum Financial upped their price objective on shares of Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th. National Bankshares reduced their target price on shares of Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Friday, January 9th. Finally, BMO Capital Markets boosted their price target on Endeavour Silver from C$13.00 to C$15.00 in a research note on Friday, October 17th.

Endeavour Silver Price Performance

Shares of TSE:EDR opened at C$16.46 on Thursday. The company has a market cap of C$4.84 billion, a price-to-earnings ratio of -49.88, a PEG ratio of 0.76 and a beta of 2.51. The business has a 50 day moving average price of C$12.86 and a 200 day moving average price of C$10.47. 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 twelve month low of C$4.21 and a twelve month high of C$16.79.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last issued its quarterly earnings results 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 during the quarter. Research analysts predict that Endeavour Silver will post 0.6341991 earnings per share 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.