Raymond James Upgrades Endeavour Silver (TSE:EDR) to “Moderate Buy”

Raymond James upgraded shares of Endeavour Silver (TSE:EDR) (NYSE:EXK) to a moderate buy rating in a research report sent to investors on Thursday,Zacks.com reports.

Other analysts have also issued research reports about the company. Ventum Financial set a C$9.00 price objective on Endeavour Silver and gave the company a “buy” rating in a research note on Tuesday, December 3rd. BMO Capital Markets decreased their price objective on shares of Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. Finally, TD Securities lowered their price objective on shares of Endeavour Silver from C$7.50 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, March 11th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$7.70.

Endeavour Silver Stock Down 4.0 %

EDR opened at C$6.66 on Thursday. Endeavour Silver has a 12 month low of C$2.85 and a 12 month high of C$7.87. 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 business’s 50-day moving average price is C$5.72 and its 200-day moving average price is C$5.72. The company has a market cap of C$1.16 billion, a P/E ratio of -39.24, 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.