Endeavour Silver (TSE:EDR) Upgraded to Strong-Buy at TD Securities

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

Several other analysts have also recently issued reports on EDR. Ventum Financial set a C$9.00 price target on shares of Endeavour Silver and gave the company a “buy” rating in a report on Tuesday, December 3rd. Ventum Cap Mkts raised shares of Endeavour Silver to a “strong-buy” rating in a report on Wednesday, November 13th. Finally, BMO Capital Markets dropped their target price on shares of Endeavour Silver from C$8.50 to C$8.00 in a report on Wednesday, February 12th. One equities 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 company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$7.75.

Endeavour Silver Trading Up 24.7 %

EDR opened at C$6.52 on Monday. The stock has a market capitalization 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 firm’s fifty day moving average price is C$5.49 and its 200 day moving average price is C$5.58. The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38. Endeavour Silver has a 12-month low of C$2.74 and a 12-month high of C$7.87.

About Endeavour Silver

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.