Endeavour Silver Corp. (TSE:EDR) Receives C$15.94 Consensus Price Target from Analysts

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has been assigned an average rating of “Strong Buy” from the five brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a buy rating and four have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$15.94.

A number of research analysts have commented on EDR shares. TD Securities upped their price objective on Endeavour Silver from C$14.00 to C$21.00 in a report on Thursday, January 22nd. National Bank Financial 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 report on Friday, January 9th. Natl Bk Canada raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Monday, December 8th. Canadian Imperial Bank of Commerce boosted their price objective on shares of Endeavour Silver from C$18.00 to C$20.00 in a report on Tuesday, January 13th. Finally, 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.

Endeavour Silver Stock Performance

TSE EDR opened at C$16.01 on Monday. The stock has a market cap of C$4.71 billion, a PE ratio of -48.52, a P/E/G ratio of 0.76 and a beta of 2.78. The company has a debt-to-equity ratio of 20.65, a quick ratio of 2.38 and a current ratio of 1.39. The firm has a 50-day moving average of C$14.85 and a 200-day moving average of C$11.65. Endeavour Silver has a 52-week low of C$4.21 and a 52-week high of C$20.70.

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