Endeavour Silver Corp (EDR) Receives Average Rating of “Hold” from Brokerages

Shares of Endeavour Silver Corp (TSE:EDR) (NYSE:EXK) have received a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$3.87.

EDR has been the subject of a number of recent analyst reports. HC Wainwright reaffirmed a “buy” rating on shares of Endeavour Silver in a research note on Wednesday, October 11th. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$3.50 price objective on shares of Endeavour Silver in a research note on Wednesday, October 11th. Canaccord Genuity reaffirmed a “hold” rating and issued a C$3.00 price objective on shares of Endeavour Silver in a research note on Thursday, September 7th. CIBC dropped their price objective on Endeavour Silver from C$3.75 to C$3.15 in a research note on Thursday, December 14th. Finally, National Bank Financial dropped their price objective on Endeavour Silver from C$4.00 to C$3.50 and set a “sector perform” rating for the company in a research note on Friday, November 3rd.

In related news, Director Rex John Mclennan sold 10,000 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of C$3.04, for a total transaction of C$30,400.00.

Endeavour Silver (TSE:EDR) traded down C$0.06 during trading hours on Monday, reaching C$3.02. The company’s stock had a trading volume of 167,623 shares, compared to its average volume of 331,095. Endeavour Silver has a twelve month low of C$2.50 and a twelve month high of C$6.44. The company has a market capitalization of $382.30, a price-to-earnings ratio of 151.00 and a beta of -0.51.

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About Endeavour Silver

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.

Analyst Recommendations for Endeavour Silver (TSE:EDR)

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