Endeavour Silver (TSE:EDR) Upgraded by B. Riley Financial to “Strong-Buy” Rating

B. Riley Financial upgraded shares of Endeavour Silver (TSE:EDR) (NYSE:EXK) to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Separately, National Bank Financial set a C$28.00 price target on shares of Endeavour Silver and gave the stock an “outperform” rating in a research note on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Strong Buy” and an average price target of C$19.23.

Endeavour Silver Price Performance

TSE EDR opened at C$10.51 on Monday. Endeavour Silver has a one year low of C$6.79 and a one year high of C$20.70. The stock has a 50-day moving average of C$11.71 and a 200 day moving average of C$13.69. The company has a market capitalization of C$3.11 billion, a price-to-earnings ratio of 52.55, a PEG ratio of 0.76 and a beta of 3.25. The company has a debt-to-equity ratio of 34.64, a quick ratio of 2.38 and a current ratio of 1.97.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last issued its earnings results on Wednesday, July 29th. The company reported C$0.21 earnings per share for the quarter. The business had revenue of C$301.35 million during the quarter. Endeavour Silver had a return on equity of 10.49% and a net margin of 8.73%. On average, sell-side analysts forecast that Endeavour Silver will post 0.6341991 EPS for the current year.

Insider Transactions at Endeavour Silver

In other Endeavour Silver news, Director Amy Eileen Jacobsen sold 4,000 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$15.25, for a total value of C$61,000.00. Following the transaction, the director owned 10,818 shares of the company’s stock, valued at approximately C$164,974.50. This represents a 26.99% decrease in their ownership of the stock. Also, insider Luis Renato Castro sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$15.20, for a total value of C$152,000.00. Following the completion of the transaction, the insider directly owned 40,408 shares in the company, valued at C$614,201.60. The trade was a 19.84% decrease in their ownership of the stock. Insiders sold a total of 28,172 shares of company stock worth $430,491 in the last ninety days. 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. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.