Endeavour Silver (TSE:EDR) Stock Price Expected to Rise, National Bankshares Analyst Says

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price raised by analysts at National Bankshares from C$18.00 to C$21.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 71.43% from the stock’s current price.

Several other research analysts have also weighed in on the company. Natl Bk Canada raised Endeavour Silver to a “strong-buy” rating in a research report on Monday. Ventum Financial raised their target price on shares of Endeavour Silver from C$9.75 to C$12.15 in a research note on Friday, September 26th. Cibc Captl Mkts raised shares of Endeavour Silver from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. CIBC boosted their price objective on shares of Endeavour Silver from C$14.00 to C$16.00 in a research note on Monday, November 3rd. Finally, BMO Capital Markets raised their target price on shares of Endeavour Silver from C$13.00 to C$15.00 in a research note on Friday, October 17th. Five equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Strong Buy” and an average target price of C$13.11.

Endeavour Silver Stock Up 4.2%

EDR traded up C$0.49 during trading hours on Tuesday, hitting C$12.25. 1,610,498 shares of the company’s stock were exchanged, compared to its average volume of 1,172,792. The stock has a market cap of C$3.60 billion, a price-to-earnings ratio of -37.12, a PEG ratio of 0.76 and a beta of 2.39. Endeavour Silver has a 1-year low of C$4.21 and a 1-year high of C$14.54. The stock’s 50-day moving average is C$11.41 and its two-hundred day moving average is C$8.87. 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 (TSE:EDR) (NYSE:EXK) last announced its quarterly earnings data on Friday, November 7th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$198.88 million during the quarter. Endeavour Silver had a negative net margin of 13.04% and a negative return on equity of 7.12%. Sell-side analysts predict that Endeavour Silver will post 0.6341991 earnings per share for the current fiscal year.

Insider Buying and Selling at Endeavour Silver

In other news, Director Rex John Mclennan sold 10,000 shares of the stock in a transaction dated 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 transaction, the director directly owned 34,800 shares of the company’s stock, valued at C$401,940. This represents a 22.32% decrease in their ownership of the stock. 0.17% of the stock is owned by insiders.

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.