Endeavour Silver (TSE:EDR) Price Target Raised to C$20.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price boosted by CIBC from C$18.00 to C$20.00 in a research report sent to investors on Tuesday morning,BayStreet.CA reports.

Other equities analysts have also issued research reports about the stock. BMO Capital Markets lifted their price target on shares of Endeavour Silver from C$13.00 to C$15.00 in a research report on Friday, October 17th. Cibc Captl Mkts upgraded shares of Endeavour Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. National Bankshares cut their target price on shares of Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research report on Friday, January 9th. Ventum Financial upped their price target on shares of Endeavour Silver from C$9.75 to C$12.15 in a report on Friday, September 26th. Finally, Natl Bk Canada raised Endeavour Silver to a “strong-buy” rating in a research report on Monday, December 8th. Five investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy” and an average target price of C$13.61.

Endeavour Silver Price Performance

Shares of TSE:EDR opened at C$16.09 on Tuesday. The stock has a market capitalization of C$4.73 billion, a P/E ratio of -48.76, a P/E/G ratio of 0.76 and a beta of 2.51. The business has a 50-day moving average of C$12.62 and a two-hundred day moving average of C$10.28. Endeavour Silver has a fifty-two week low of C$4.21 and a fifty-two week high of C$16.25. The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38.

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