Analysts Set Endeavour Silver Corp. (TSE:EDR) Price Target at C$7.96

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has been assigned an average rating of “Buy” from the six research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$7.96.

Several research firms have recently weighed in on EDR. National Bank Financial raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Thursday, June 12th. National Bankshares set a C$9.00 target price on shares of Endeavour Silver and gave the stock an “outperform” rating in a research note on Tuesday, June 24th. Finally, Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Friday, May 23rd.

Insiders Place Their Bets

In other Endeavour Silver news, Director Amy Eileen Jacobsen sold 6,582 shares of Endeavour Silver stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of C$7.90, for a total transaction of C$51,997.80. Also, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of Endeavour Silver stock in a transaction dated Monday, July 14th. The stock was sold at an average price of C$8.00, for a total transaction of C$281,600.00. Insiders have sold 104,814 shares of company stock valued at $826,854 over the last ninety days. Company insiders own 0.17% of the company’s stock.

Endeavour Silver Stock Performance

TSE:EDR opened at C$7.96 on Monday. The company’s 50-day moving average price is C$7.26 and its 200-day moving average price is C$6.13. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65. The company has a market cap of C$1.38 billion, a P/E ratio of -46.90, a P/E/G ratio of 0.76 and a beta of 1.92. Endeavour Silver has a twelve month low of C$3.74 and a twelve month high of C$8.26.

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.