Analysts Set Endeavour Silver Corp (EDR) Price Target at $5.71

Shares of Endeavour Silver Corp (TSE:EDR) (NYSE:EXK) have earned a consensus rating of “Hold” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$5.71.

EDR has been the topic of several research reports. TD Securities dropped their price target on Endeavour Silver Corp from C$4.50 to C$4.25 and set a “hold” rating on the stock in a research report on Friday, August 4th. BMO Capital Markets restated a “market perform” rating and set a C$5.00 price target on shares of Endeavour Silver Corp in a research report on Wednesday, April 12th. Finally, Raymond James Financial, Inc. restated an “outperform” rating and set a C$6.00 price target on shares of Endeavour Silver Corp in a research report on Tuesday, April 11th.

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Shares of Endeavour Silver Corp (EDR) traded down 5.36% during trading on Friday, hitting $2.65. The stock had a trading volume of 298,184 shares. The firm has a 50 day moving average price of $3.79 and a 200-day moving average price of $4.45. Endeavour Silver Corp has a 52 week low of $2.64 and a 52 week high of $7.75. The stock has a market capitalization of $337.35 million and a price-to-earnings ratio of 42.06.

About Endeavour Silver Corp

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.

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