Endeavour Silver (TSE:EDR) Given a C$7.50 Price Target at Raymond James

Endeavour Silver (TSE:EDR) (NYSE:EXK) has been assigned a C$7.50 price target by investment analysts at Raymond James in a research note issued to investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ target price would indicate a potential upside of 12.28% from the stock’s previous close.

EDR has been the subject of a number of other research reports. TD Securities dropped their price objective on shares of Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating for the company in a report on Tuesday, March 11th. Ventum Financial set a C$9.00 price target on shares of Endeavour Silver and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Finally, BMO Capital Markets reduced their price target on shares of Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. One analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Endeavour Silver presently has a consensus rating of “Buy” and an average price target of C$7.70.

Endeavour Silver Price Performance

Shares of Endeavour Silver stock traded down C$0.26 during trading hours on Friday, reaching C$6.68. 657,918 shares of the company’s stock were exchanged, compared to its average volume of 699,747. 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 business has a fifty day moving average of C$5.69 and a two-hundred day moving average of C$5.70. The company has a market capitalization of C$1.16 billion, a P/E ratio of -39.36, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. Endeavour Silver has a 1 year low of C$2.85 and a 1 year high of C$7.87.

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.