National Bankshares Reiterates C$9.00 Price Target for Endeavour Silver (TSE:EDR)

National Bankshares set a C$9.00 target price on Endeavour Silver (TSE:EDR) (NYSE:EXK) in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other research firms also recently issued reports on EDR. CIBC lowered their target price on shares of Endeavour Silver from C$8.00 to C$7.25 and set a “neutral” rating for the company in a report on Thursday, April 3rd. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Friday, May 23rd. Raymond James Financial set a C$7.50 price target on shares of Endeavour Silver and gave the company an “outperform” rating in a report on Friday, March 21st. National Bank Financial upgraded Endeavour Silver to a “strong-buy” rating in a report on Thursday, June 12th. Finally, TD Securities cut their target price on Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating on the stock in a research report on Tuesday, March 11th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, Endeavour Silver has an average rating of “Buy” and a consensus target price of C$7.96.

Endeavour Silver Stock Up 2.1%

EDR opened at C$6.73 on Tuesday. Endeavour Silver has a 12 month low of C$3.38 and a 12 month high of C$7.87. The business has a 50-day moving average of C$5.45 and a two-hundred day moving average of C$5.55. 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 stock has a market capitalization of C$1.17 billion, a price-to-earnings ratio of -39.66, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92.

Insider Activity

In related news, Director Angela Dorothy Johnson bought 5,600 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The stock was bought at an average price of C$5.28 per share, with a total value of C$29,564.64. Also, Senior Officer Daniel Dickson sold 50,000 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of C$5.50, for a total value of C$275,000.00. In the last 90 days, insiders have acquired 8,700 shares of company stock valued at $44,906. Company insiders own 0.17% of the company’s stock.

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.