National Bank Financial Issues Positive Forecast for Endeavour Silver (TSE:EDR) Stock Price

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its target price upped by equities researchers at National Bank Financial from C$24.00 to C$25.00 in a report released on Monday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 77.05% from the stock’s previous close.

Several other analysts have also recently issued reports on EDR. B. Riley Financial raised Endeavour Silver to a “strong-buy” rating in a research report on Monday, August 3rd. TD set a C$15.00 price objective on Endeavour Silver and gave the stock a “buy” rating in a research note on Monday, August 24th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Strong Buy” and a consensus target price of C$18.03.

Endeavour Silver Stock Down 1.2%

Shares of TSE:EDR traded down C$0.17 during trading hours on Monday, hitting C$14.12. The company’s stock had a trading volume of 457,018 shares, compared to its average volume of 1,267,795. The firm’s fifty day moving average price is C$13.31 and its 200 day moving average price is C$13.10. Endeavour Silver has a 52 week low of C$9.27 and a 52 week high of C$20.70. The company has a market capitalization of C$4.18 billion, a price-to-earnings ratio of 70.60, a P/E/G ratio of 0.76 and a beta of 3.31. The company has a debt-to-equity ratio of 34.64, a current ratio of 1.97 and a quick ratio of 2.38.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last released its quarterly earnings data on Wednesday, July 29th. The company reported C$0.21 earnings per share (EPS) for the quarter. The firm had revenue of C$301.35 million for the quarter. Endeavour Silver had a net margin of 8.73% and a return on equity of 10.49%. As a group, research analysts expect that Endeavour Silver will post 0.6341991 EPS for the current year.

Endeavour Silver Company Profile

Endeavour is a mid-tier silver producer with three operating mines in Mexico and Peru and a robust pipeline of exploration projects across Mexico, Chile, and the United States. With a proven track record of discovery, development, and responsible mining, Endeavour is driving organic growth and creating lasting value on its path to becoming a leading senior silver producer.