Endeavour Silver Now Covered by Stonecap Securities (EDR)
Analysts at Stonecap Securities assumed coverage on shares of Endeavour Silver (TSE:EDR) in a research report issued to clients and investors on Thursday, Stock Ratings Network.com reports. The firm set an “outperform” rating on the stock.
Endeavour Silver (TSE:EDR) traded down 2.13% during mid-day trading on Thursday, hitting $4.14. The stock had a trading volume of 107,130 shares. Endeavour Silver has a 52-week low of $3.03 and a 52-week high of $9.75. The stock’s 50-day moving average is $4.81 and its 200-day moving average is $4.79. The company has a market cap of $412.9 million and a price-to-earnings ratio of 14.10.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James raised their price target on shares of Endeavour Silver from C$4.00 to C$5.00 in a research note to investors on Thursday, September 19th. They now have a “market perform” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Endeavour Silver from C$5.10 to C$5.50 in a research note to investors on Tuesday, September 17th. They now have a “sector perform” rating on the stock. Finally, analysts at BMO Capital Markets upgraded shares of Endeavour Silver from an “underperform” rating to a “market perform” rating in a research note to investors on Thursday, September 5th. They now have a C$5.75 price target on the stock, up previously from C$3.00. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of C$5.44.
Endeavour Silver Corp. (TSE:EDR) is engaged in the evaluation, acquisition, exploration, development and exploitation of silver mining properties in Mexico and in exploration in Chile.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.