BMO Capital Markets Issues Pessimistic Forecast for Endeavour Silver (TSE:EDR) Stock Price

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price decreased by stock analysts at BMO Capital Markets from C$8.50 to C$8.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. BMO Capital Markets’ price target suggests a potential upside of 34.00% from the stock’s current price.

Several other research analysts have also weighed in on EDR. TD Securities lifted their price objective on shares of Endeavour Silver from C$7.00 to C$7.50 in a research note on Friday, October 18th. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. Finally, Ventum Financial set a C$9.00 price target on shares of Endeavour Silver and gave the company a “buy” rating in a research note on Tuesday, December 3rd. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$7.88.

Endeavour Silver Stock Up 1.0 %

Endeavour Silver stock opened at C$5.97 on Wednesday. The company’s 50 day simple moving average is C$5.47 and its 200 day simple moving average is C$5.50. Endeavour Silver has a fifty-two week low of C$1.94 and a fifty-two week high of C$7.87. The firm has a market capitalization of C$1.04 billion, a price-to-earnings ratio of -35.18, a PEG ratio of 0.76 and a beta of 1.92. The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38.

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.