TD Securities Cuts Endeavour Silver (TSE:EDR) Price Target to C$7.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective cut by TD Securities from C$7.50 to C$7.00 in a research report report published on Tuesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other brokerages have also weighed in on EDR. CIBC boosted their price objective on shares of Endeavour Silver from C$6.00 to C$7.00 in a report on Wednesday, July 10th. BMO Capital Markets upped their price target on Endeavour Silver from C$6.00 to C$7.00 in a report on Friday, August 2nd.

Endeavour Silver Stock Performance

Shares of Endeavour Silver stock opened at C$4.36 on Tuesday. Endeavour Silver has a 1 year low of C$1.94 and a 1 year high of C$6.87. The firm’s 50-day moving average is C$5.22 and its 200 day moving average is C$4.13. The stock has a market cap of C$1.07 billion, a price-to-earnings ratio of -54.50, a PEG ratio of 0.76 and a beta of 1.88. The company has a debt-to-equity ratio of 14.58, a current ratio of 2.02 and a quick ratio of 2.38.

Insider Buying and Selling

In related news, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of Endeavour Silver stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of C$5.65, for a total value of C$198,925.76. In related news, Senior Officer Luis Renato Castro sold 38,200 shares of the business’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of C$5.54, for a total transaction of C$211,505.76. Also, Senior Officer Gregory Arnold Blaylock sold 35,200 shares of the stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of C$5.65, for a total transaction of C$198,925.76. Over the last quarter, insiders have sold 160,500 shares of company stock worth $986,795. 0.17% of the stock is owned by insiders.

Endeavour Silver Company Profile

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.