Endeavour Silver (TSE:EDR) Stock Rating Upgraded by National Bank Financial

Endeavour Silver (TSE:EDR) (NYSE:EXK) was upgraded by stock analysts at National Bank Financial to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other research firms have also recently weighed in on EDR. CIBC dropped their price target on shares of 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 dropped their price target on shares of Endeavour Silver from C$8.50 to C$8.00 in a research note 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. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Friday, May 23rd. Finally, Raymond James set a C$7.50 price objective on shares of Endeavour Silver and gave the stock an “outperform” rating in a report on Friday, March 21st. One investment analyst has rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$7.75.

Endeavour Silver Stock Up 0.3%

EDR stock opened at C$6.55 on Thursday. The stock has a market capitalization of C$1.14 billion, a P/E ratio of -38.60, a P/E/G ratio of 0.76 and a beta of 1.92. The firm has a 50-day simple moving average of C$5.20 and a 200-day simple moving average of C$5.51. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65. Endeavour Silver has a 52 week low of C$3.38 and a 52 week high of C$7.87.

Insiders Place Their Bets

In other news, Senior Officer Daniel Dickson sold 50,000 shares of the firm’s stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of C$5.50, for a total value of C$275,000.00. Also, Director Angela Dorothy Johnson acquired 5,600 shares of Endeavour Silver stock in a transaction dated Wednesday, April 2nd. The stock was purchased at an average price of C$5.28 per share, for a total transaction of C$29,564.64. Insiders have acquired a total of 8,700 shares of company stock worth $44,906 in the last ninety days. 0.17% of the stock is owned by corporate insiders.

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.