Endeavour Silver Corp (EDR) Given Average Rating of “Hold” by Brokerages
Shares of Endeavour Silver Corp (TSE:EDR) (NYSE:EXK) have received an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$3.97.
A number of research firms have recently commented on EDR. BMO Capital Markets restated a “market perform” rating and set a C$3.50 price objective on shares of Endeavour Silver in a report on Wednesday, October 11th. HC Wainwright reiterated a “buy” rating on shares of Endeavour Silver in a report on Wednesday, October 11th. CIBC lowered their price target on Endeavour Silver from C$4.50 to C$3.75 in a report on Friday, November 3rd. Canaccord Genuity reiterated a “hold” rating and issued a C$3.00 price target on shares of Endeavour Silver in a report on Thursday, September 7th. Finally, National Bank Financial lowered their price target on Endeavour Silver from C$4.00 to C$3.50 and set a “sector perform” rating for the company in a report on Friday, November 3rd.
Endeavour Silver (EDR) traded down C$0.04 during mid-day trading on Thursday, hitting C$2.61. The stock had a trading volume of 107,409 shares, compared to its average volume of 338,572. Endeavour Silver has a 1-year low of C$2.50 and a 1-year high of C$6.44.
Endeavour Silver Company Profile
Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.
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