Endeavour Silver Corp (EDR) Given Average Recommendation of “Hold” by Brokerages

Shares of Endeavour Silver Corp (TSE:EDR) (NYSE:EXK) have been given a consensus rating of “Buy” by the seven analysts that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$3.91.

Several analysts recently commented on EDR shares. CIBC decreased their price target on Endeavour Silver from C$3.75 to C$3.15 in a research note on Thursday, December 14th. BMO Capital Markets decreased their price target on Endeavour Silver from C$3.50 to C$3.20 in a research note on Thursday, February 8th. Finally, National Bank Financial boosted their price target on Endeavour Silver from C$3.50 to C$3.85 in a research note on Friday, January 26th.

Shares of Endeavour Silver (TSE:EDR) traded down C$0.05 during mid-day trading on Friday, reaching C$3.12. The company had a trading volume of 243,300 shares, compared to its average volume of 296,350. The firm has a market cap of $411.27, a price-to-earnings ratio of 31.20 and a beta of -0.36. Endeavour Silver has a twelve month low of C$2.50 and a twelve month high of C$5.00.

In other Endeavour Silver news, Director Rex John Mclennan acquired 10,000 shares of Endeavour Silver stock in a transaction on Tuesday, March 6th. The shares were bought at an average price of C$3.13 per share, with a total value of C$31,300.00.

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Endeavour Silver Company Profile

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.

Analyst Recommendations for Endeavour Silver (TSE:EDR)

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