Brokerages Set Endeavour Silver Corp. (TSE:EDR) PT at C$13.61

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has been given a consensus recommendation of “Strong Buy” by the seven brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating, one has given a buy rating and five have given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$13.61.

Several research analysts have issued reports on the company. Cibc Captl Mkts upgraded Endeavour Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Natl Bk Canada raised shares of Endeavour Silver to a “strong-buy” rating in a report on Monday, December 8th. CIBC increased their target price on shares of Endeavour Silver from C$18.00 to C$20.00 in a research report on Tuesday, January 13th. National Bankshares reduced their price target on shares of 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. Finally, BMO Capital Markets raised their price objective on shares of Endeavour Silver from C$13.00 to C$15.00 in a report on Friday, October 17th.

Endeavour Silver Stock Down 0.7%

Shares of EDR opened at C$16.94 on Thursday. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65. The company has a 50-day moving average price of C$13.09 and a two-hundred day moving average price of C$10.58. The stock has a market cap of C$4.98 billion, a price-to-earnings ratio of -51.33, a P/E/G ratio of 0.76 and a beta of 2.51. Endeavour Silver has a 12 month low of C$4.21 and a 12 month high of C$17.35.

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

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