TD Securities Issues Positive Forecast for Endeavour Silver (TSE:EDR) Stock Price

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price hoisted by research analysts at TD Securities from C$14.00 to C$21.00 in a report issued on Thursday,BayStreet.CA reports. TD Securities’ target price would indicate a potential upside of 12.60% from the stock’s current price.

A number of other brokerages also recently issued reports on EDR. National Bankshares lowered their price objective on Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a research report on Friday, January 9th. BMO Capital Markets raised their price target on Endeavour Silver from C$13.00 to C$15.00 in a report on Friday, October 17th. Ventum Financial lifted their price target on Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th. Natl Bk Canada upgraded shares of Endeavour Silver to a “strong-buy” rating in a research report on Monday, December 8th. Finally, Cibc Captl Mkts raised shares of Endeavour Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Strong Buy” and an average target price of C$15.94.

Endeavour Silver Price Performance

Shares of Endeavour Silver stock traded up C$1.71 on Thursday, reaching C$18.65. The stock had a trading volume of 1,756,932 shares, compared to its average volume of 1,987,657. The business’s 50 day moving average is C$13.09 and its two-hundred day moving average is C$10.58. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65. Endeavour Silver has a 1 year low of C$4.21 and a 1 year high of C$18.80. The company has a market cap of C$5.49 billion, a P/E ratio of -56.52, a price-to-earnings-growth ratio of 0.76 and a beta of 2.51.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last posted its earnings results on Friday, November 7th. The company reported C($0.01) earnings per share for the quarter. Endeavour Silver had a negative return on equity of 7.12% and a negative net margin of 13.04%.The firm had revenue of C$198.88 million for the quarter. As a group, research analysts anticipate that Endeavour Silver will post 0.6341991 EPS for the current year.

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. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.