Endeavour Silver (TSE:EDR) Price Target Raised to C$6.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price upped by CIBC from C$4.25 to C$6.00 in a research note published on Wednesday, BayStreet.CA reports. They currently have a neutral rating on the stock.

Endeavour Silver Trading Up 2.4 %

Shares of Endeavour Silver stock opened at C$5.14 on Wednesday. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 1.72. Endeavour Silver has a 12-month low of C$1.94 and a 12-month high of C$5.50. The firm has a market capitalization of C$1.24 billion, a price-to-earnings ratio of -531.00, a PEG ratio of 0.76 and a beta of 1.76. The firm’s 50 day simple moving average is C$3.81 and its two-hundred day simple moving average is C$2.96.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last released its quarterly earnings data on Monday, March 11th. The company reported C$0.03 earnings per share for the quarter. The firm had revenue of C$68.76 million for the quarter. Endeavour Silver had a negative net margin of 0.71% and a negative return on equity of 0.41%. Analysts predict that Endeavour Silver will post 0.0341241 EPS for the current year.

Insider Buying and Selling

In related news, Senior Officer Dale Mah sold 41,400 shares of the stock in a transaction on Friday, May 17th. The shares were sold at an average price of C$5.22, for a total transaction of C$215,905.14. 0.57% of the stock is currently owned by insiders.

About Endeavour Silver

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.