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

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has received a consensus recommendation of “Buy” from the five research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$7.75.

Several analysts have recently weighed in on EDR shares. CIBC lowered their target price on Endeavour Silver from C$8.00 to C$7.25 and set a “neutral” rating for the company in a research note on Thursday, April 3rd. BMO Capital Markets cut their target price on Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. TD Securities dropped their price target on shares of Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, March 11th. Finally, Raymond James 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.

Endeavour Silver Stock Up 3.7 %

Shares of TSE EDR opened at C$5.66 on Tuesday. The stock has a fifty day moving average price of C$5.78 and a 200 day moving average price of C$5.84. The company has a market cap of C$982.69 million, a P/E ratio of -33.35, a P/E/G ratio of 0.76 and a beta of 1.92. Endeavour Silver has a 12-month low of C$3.34 and a 12-month high of C$7.87. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65.

Insider Buying and Selling

In other news, Director Angela Dorothy Johnson bought 5,600 shares of Endeavour Silver stock in a transaction on Wednesday, April 2nd. The stock was purchased at an average cost of C$5.28 per share, with a total value of C$29,564.64. Company insiders own 0.17% of the company’s stock.

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.