TD Securities Cuts Endeavour Silver (TSE:EDR) Price Target to C$7.00

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective lowered by TD Securities from C$7.50 to C$7.00 in a research report released on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

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

Endeavour Silver Trading Up 1.9 %

EDR opened at C$6.80 on Tuesday. The firm’s fifty day moving average is C$5.54 and its two-hundred day moving average is C$5.62. The company has a debt-to-equity ratio of 20.65, a quick ratio of 2.38 and a current ratio of 1.39. The firm has a market cap of C$1.18 billion, a PE ratio of -40.07, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92. Endeavour Silver has a twelve month low of C$2.74 and a twelve 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.