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

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has received a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$7.96.

Several research firms have weighed in on EDR. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a report on Friday, May 23rd. National Bank Financial upgraded Endeavour Silver to a “strong-buy” rating in a research note on Thursday, June 12th. Finally, National Bankshares set a C$9.00 price target on Endeavour Silver and gave the stock an “outperform” rating in a report on Tuesday, June 24th.

Insider Buying and Selling at Endeavour Silver

In other news, Senior Officer Luis Renato Castro sold 55,000 shares of the business’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of C$7.80, for a total value of C$429,000.00. Also, Director Margaret Beck sold 18,500 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of C$7.64, for a total transaction of C$141,391.80. In the last three months, insiders sold 149,414 shares of company stock worth $1,167,723. Insiders own 0.17% of the company’s stock.

Endeavour Silver Price Performance

Shares of EDR opened at C$8.57 on Friday. The company’s 50-day moving average is C$7.85 and its 200-day moving average is C$6.46. 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 market capitalization of C$2.49 billion, a PE ratio of -31.74, a PEG ratio of 0.76 and a beta of 1.82. Endeavour Silver has a fifty-two week low of C$4.21 and a fifty-two week high of C$9.25.

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.