Endeavour Silver (TSE:EDR) Price Target Cut to C$7.00 by Analysts at TD Securities

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective dropped by TD Securities from C$7.50 to C$7.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 10.94% from the company’s current price.

EDR has been the subject of a number of other reports. BMO Capital Markets dropped their price objective on shares of Endeavour Silver from C$8.50 to C$8.00 in a research note on Wednesday, February 12th. Ventum Financial set a C$9.00 price objective on shares of Endeavour Silver and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Finally, Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Endeavour Silver presently has a consensus rating of “Buy” and an average target price of C$7.75.

Endeavour Silver Price Performance

Shares of TSE EDR traded up C$1.08 during mid-day trading on Tuesday, reaching C$6.31. The company’s stock had a trading volume of 1,389,838 shares, compared to its average volume of 637,196. The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38. Endeavour Silver has a 52 week low of C$2.74 and a 52 week high of C$7.87. The stock has a fifty day moving average of C$5.46 and a two-hundred day moving average of C$5.58. The firm has a market capitalization of C$1.10 billion, a PE ratio of -37.18, a P/E/G ratio of 0.76 and a beta of 1.92.

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.