Endeavour Silver (TSE:EDR) Price Target Cut to C$8.00 by Analysts at BMO Capital Markets

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price lowered by research analysts at BMO Capital Markets from C$8.50 to C$8.00 in a research report issued on Wednesday,BayStreet.CA reports. BMO Capital Markets’ price target would suggest a potential upside of 35.36% from the company’s previous close.

EDR has been the subject of a number of other research reports. Ventum Financial set a C$9.00 target price on shares of Endeavour Silver and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Ventum Cap Mkts raised Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. Finally, TD Securities boosted their target price on Endeavour Silver from C$7.00 to C$7.50 in a report on Friday, October 18th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Endeavour Silver presently has an average rating of “Buy” and an average target price of C$7.88.

Endeavour Silver Stock Up 5.0 %

EDR traded up C$0.28 on Wednesday, hitting C$5.91. The company had a trading volume of 493,809 shares, compared to its average volume of 607,412. Endeavour Silver has a 52-week low of C$1.94 and a 52-week high of C$7.87. The stock has a fifty day simple moving average of C$5.47 and a 200-day simple moving average of C$5.50. The company has a debt-to-equity ratio of 14.58, a current ratio of 2.02 and a quick ratio of 2.38. The firm has a market capitalization of C$1.45 billion, a P/E ratio of -73.88, a P/E/G ratio of 0.76 and a beta of 1.92.

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.