National Bankshares Boosts Endeavour Silver (TSE:EDR) Price Target to C$21.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective increased by research analysts at National Bankshares from C$18.00 to C$21.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective points to a potential upside of 68.40% from the company’s current price.

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

Endeavour Silver Trading Up 1.5%

Shares of EDR opened at C$12.47 on Tuesday. Endeavour Silver has a twelve month low of C$4.21 and a twelve month high of C$14.54. The firm has a market capitalization of C$3.67 billion, a P/E ratio of -37.79, a price-to-earnings-growth ratio of 0.76 and a beta of 2.39. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65. The stock’s fifty day simple moving average is C$11.47 and its 200 day simple moving average is C$8.95.

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

Insider Buying and Selling

In other Endeavour Silver news, Director Rex John Mclennan sold 10,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the director owned 34,800 shares in the company, valued at C$401,940. This trade represents a 22.32% decrease in their position. Corporate insiders own 0.17% of the company’s stock.

Endeavour Silver Company Profile

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.