Endeavour Silver Downgraded by Stonecap Securities to “Sector Perform” (EDR)
Endeavour Silver (TSE:EDR) was downgraded by equities researchers at Stonecap Securities from an “outperform” rating to a “sector perform” rating in a research report issued on Wednesday, AnalystRatings.NET reports.
A number of other analysts have also recently weighed in on EDR. Analysts at Haywood Securities cut their price target on shares of Endeavour Silver from C$5.75 to C$5.00 in a research note to investors on Tuesday, October 22nd. They now have a “hold” rating on the stock. Separately, 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. Finally, 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. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of C$5.34.
Shares of Endeavour Silver (TSE:EDR) traded down 5.20% during mid-day trading on Wednesday, hitting $4.56. 186,394 shares of the company’s stock traded hands. Endeavour Silver has a 1-year low of $3.03 and a 1-year high of $9.29. 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 $454.8 million and a price-to-earnings ratio of 16.03.
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.
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