Endeavour Silver (TSE:EDR) Upgraded at Natl Bk Canada

Natl Bk Canada upgraded shares of Endeavour Silver (TSE:EDR) (NYSE:EXK) to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports.

Other equities analysts have also recently issued research reports about the stock. BMO Capital Markets increased their price objective on shares of Endeavour Silver from C$13.00 to C$15.00 in a research note on Friday, October 17th. Ventum Financial lifted their price objective on Endeavour Silver from C$9.75 to C$12.15 in a research report on Friday, September 26th. National Bankshares upped their target price on shares of Endeavour Silver from C$16.00 to C$19.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. CIBC raised their price target on Endeavour Silver from C$14.00 to C$16.00 in a report on Monday, November 3rd. Finally, Cibc Captl Mkts raised shares of Endeavour Silver from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Five investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Endeavour Silver presently has an average rating of “Strong Buy” and a consensus price target of C$13.11.

Endeavour Silver Stock Performance

TSE EDR opened at C$12.47 on Monday. The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38. The firm has a market capitalization of C$3.67 billion, a price-to-earnings ratio of -37.79, a P/E/G ratio of 0.76 and a beta of 2.39. The company’s fifty day moving average is C$11.47 and its two-hundred day moving average is C$8.95. Endeavour Silver has a 52-week low of C$4.21 and a 52-week high of C$14.54.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last announced its quarterly earnings data on Friday, November 7th. The company reported C($0.01) EPS for the quarter. Endeavour Silver had a negative net margin of 13.04% and a negative return on equity of 7.12%. The company had revenue of C$198.88 million for the quarter. Equities research analysts forecast that Endeavour Silver will post 0.6341991 EPS for the current year.

Insider Activity

In other news, Director Rex John Mclennan sold 10,000 shares of the firm’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of C$11.55, for a total transaction of C$115,500.00. Following the sale, the director owned 34,800 shares of the company’s stock, valued at C$401,940. This trade represents a 22.32% decrease in their ownership of the stock. 0.17% of the stock is owned by company insiders.

About Endeavour Silver

Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas.