Endeavour Silver (TSE:EDR) PT Set at C$7.50 by Raymond James

Endeavour Silver (TSE:EDR) (NYSE:EXK) received a C$7.50 price objective from stock analysts at Raymond James in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James’ price target indicates a potential upside of 12.61% from the stock’s current price.

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

Endeavour Silver Trading Down 4.0 %

TSE:EDR opened at C$6.66 on Friday. The stock has a fifty day simple moving average of C$5.72 and a 200-day simple moving average of C$5.73. Endeavour Silver has a 52-week low of C$2.85 and a 52-week high of C$7.87. The company has a market capitalization of C$1.16 billion, a PE ratio of -39.24, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65.

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.