Endeavour Silver (TSE:EDR) Given a C$9.00 Price Target by Ventum Financial Analysts

Endeavour Silver (TSE:EDR) (NYSE:EXK) has been given a C$9.00 target price by investment analysts at Ventum Financial in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Ventum Financial’s price objective would indicate a potential upside of 48.76% from the stock’s previous close.

EDR has been the subject of a number of other reports. Ventum Cap Mkts upgraded shares of Endeavour Silver to a “strong-buy” rating in a report on Wednesday, November 13th. TD Securities raised their price target on shares of Endeavour Silver from C$7.00 to C$7.50 in a report on Friday, October 18th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Endeavour Silver presently has a consensus rating of “Buy” and an average price target of C$7.63.

Endeavour Silver Stock Performance

EDR stock traded up C$0.31 during midday trading on Tuesday, reaching C$6.05. 410,300 shares of the company’s stock traded hands, compared to its average volume of 771,291. The company has a 50-day moving average price of C$6.26 and a two-hundred day moving average price of C$5.45. The firm has a market capitalization of C$1.49 billion, a PE ratio of -75.63, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. The company has a debt-to-equity ratio of 14.58, a quick ratio of 2.38 and a current ratio of 2.02. Endeavour Silver has a 52 week low of C$1.94 and a 52 week high of C$7.87.

Insiders Place Their Bets

In related news, Senior Officer Donald Paul Gray sold 60,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of C$6.62, for a total transaction of C$396,990.00. Also, Director Rex John Mclennan sold 34,800 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$6.50, for a total value of C$226,200.00. Insiders own 0.17% of the company’s stock.

Endeavour Silver Company Profile

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.