Endeavour Silver (TSE:EDR) Stock Gets Price Target Reduction from National Bank Financial

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective reduced by National Bank Financial from C$24.00 to C$23.00 in a research report sent to investors on Wednesday morning,BayStreet reports. They currently have an outperform rating on the stock.

Several other analysts also recently issued reports on EDR. Canadian Imperial Bank of Commerce lowered shares of Endeavour Silver from an “outperformer” rating to a “hold” rating and reduced their price objective for the company from C$25.00 to C$20.00 in a research note on Wednesday, September 23rd. TD set a C$15.00 target price on shares of Endeavour Silver and gave the stock a “buy” rating in a report on Monday, August 24th. Finally, B. Riley Financial raised shares of Endeavour Silver to a “strong-buy” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Endeavour Silver currently has a consensus rating of “Buy” and a consensus target price of C$19.75.

Endeavour Silver Stock Down 2.0%

Shares of Endeavour Silver stock opened at C$10.96 on Wednesday. The stock’s fifty day moving average is C$12.24 and its 200-day moving average is C$13.23. The firm has a market capitalization of C$3.25 billion, a PE ratio of 25.49, a price-to-earnings-growth ratio of 0.76 and a beta of 3.26. The company has a quick ratio of 2.38, a current ratio of 2.19 and a debt-to-equity ratio of 33.87. Endeavour Silver has a 12-month low of C$9.76 and a 12-month high of C$20.70.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last released its quarterly earnings results on Monday, November 9th. The company reported C$0.20 earnings per share for the quarter. The business had revenue of C$262.66 million during the quarter. Endeavour Silver had a return on equity of 19.74% and a net margin of 16.86%. Equities analysts anticipate that Endeavour Silver will post 0.63 earnings per share for the current year.

Endeavour Silver Company Profile

Endeavour is a mid-tier silver producer with three operating mines in Mexico and Peru and a robust pipeline of exploration projects across Mexico, Chile, and the United States. With a proven track record of discovery, development, and responsible mining, Endeavour is driving organic growth and creating lasting value on its path to becoming a leading senior silver producer.