Endeavour Silver (TSE:EDR) Price Target Raised to C$12.15

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective boosted by Ventum Financial from C$9.75 to C$12.15 in a report released on Friday,BayStreet.CA reports.

Several other equities analysts have also issued reports on EDR. CIBC boosted their target price on Endeavour Silver from C$10.00 to C$12.00 in a research report on Thursday. National Bankshares lifted their target price on Endeavour Silver from C$10.00 to C$16.00 and gave the stock an “outperform” rating in a report on Wednesday, September 24th. Finally, National Bank Financial upgraded Endeavour Silver to a “strong-buy” rating in a report on Thursday, June 12th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$10.44.

Endeavour Silver Price Performance

TSE EDR opened at C$10.87 on Friday. The stock has a market capitalization of C$3.15 billion, a PE ratio of -40.26, a P/E/G ratio of 0.76 and a beta of 1.82. 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 stock has a 50-day simple moving average of C$8.23 and a 200 day simple moving average of C$6.69. Endeavour Silver has a twelve month low of C$4.21 and a twelve month high of C$11.33.

Insider Activity

In other Endeavour Silver news, Senior Officer Luis Renato Castro sold 55,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of C$7.80, for a total transaction of C$429,000.00. Also, Director Amy Eileen Jacobsen sold 6,582 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of C$7.90, for a total transaction of C$51,997.80. Insiders have sold 149,414 shares of company stock valued at $1,167,723 in the last three months. 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.