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

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has received a consensus rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$12.44.

Several brokerages have recently issued reports on EDR. BMO Capital Markets lifted their price objective on Endeavour Silver from C$13.00 to C$15.00 in a research note on Friday, October 17th. Ventum Financial boosted their target price on Endeavour Silver from C$9.75 to C$12.15 in a research note on Friday, September 26th. CIBC boosted their target price on Endeavour Silver from C$12.00 to C$14.00 in a research note on Friday, October 10th. Finally, National Bankshares boosted their target price on Endeavour Silver from C$16.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 15th.

Insider Buying and Selling at Endeavour Silver

In other news, Director Rex John Mclennan sold 10,000 shares of the company’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of C$11.55, for a total value of C$115,500.00. Following the completion of the transaction, the director owned 34,800 shares in the company, valued at approximately C$401,940. This represents a 22.32% decrease in their position. Also, Director Margaret Beck sold 26,100 shares of the company’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of C$7.64, for a total transaction of C$199,477.08. In the last 90 days, insiders sold 54,600 shares of company stock valued at $456,369. Company insiders own 0.17% of the company’s stock.

Endeavour Silver Stock Performance

Shares of EDR opened at C$11.52 on Friday. The stock has a 50-day simple moving average of C$10.20 and a 200-day simple moving average of C$7.67. 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 market capitalization of C$3.34 billion, a PE ratio of -42.67, a PEG ratio of 0.76 and a beta of 2.17. Endeavour Silver has a 1 year low of C$4.21 and a 1 year high of C$14.54.

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.