Endeavour Silver (TSE:EDR) Raised to “Strong-Buy” at TD Securities

Endeavour Silver (TSE:EDR) (NYSE:EXK) was upgraded by investment analysts at TD Securities to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Several other brokerages have also commented on EDR. Ventum Cap Mkts raised Endeavour Silver to a “strong-buy” rating in a report on Wednesday, November 13th. BMO Capital Markets cut their target price on Endeavour Silver from C$8.50 to C$8.00 in a research note on Wednesday, February 12th. Finally, Ventum Financial set a C$9.00 target price on Endeavour Silver and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Endeavour Silver has an average rating of “Buy” and a consensus target price of C$7.75.

Endeavour Silver Trading Up 24.7 %

Shares of EDR opened at C$6.52 on Monday. Endeavour Silver has a twelve month low of C$2.74 and a twelve month high of C$7.87. The company has a quick ratio of 2.38, a current ratio of 1.39 and a debt-to-equity ratio of 20.65. The stock has a market cap of C$1.13 billion, a PE ratio of -38.42, a P/E/G ratio of 0.76 and a beta of 1.92. The business’s 50-day moving average price is C$5.49 and its 200-day moving average price is C$5.58.

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.