Endeavour Silver (TSE:EDR) Given a C$7.50 Price Target at Raymond James

Endeavour Silver (TSE:EDR - Get Free Report) NYSE: EXK has been given a C$7.50 target price by Raymond James in a research report issued on Friday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Raymond James' target price indicates a potential upside of 14.16% from the company's previous close.

Several other equities analysts also recently issued reports on EDR. Ventum Financial set a C$9.00 price objective on shares of Endeavour Silver and gave the company a "buy" rating in a research note on Tuesday, December 3rd. BMO Capital Markets cut their price target on Endeavour Silver from C$8.50 to C$8.00 in a research report on Wednesday, February 12th. Finally, TD Securities decreased their price objective on Endeavour Silver from C$7.50 to C$7.00 and set a "buy" rating for the company in a report on Tuesday, March 11th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of C$7.70.

Endeavour Silver Stock Down 1.1 %

EDR stock traded down C$0.07 during midday trading on Friday, reaching C$6.57. 549,734 shares of the company were exchanged, compared to its average volume of 828,835. The stock's 50-day simple moving average is C$5.75 and its 200 day simple moving average is C$5.75. Endeavour Silver has a 1-year low of C$2.89 and a 1-year high of C$7.87. 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 company has a market cap of C$1.14 billion, a price-to-earnings ratio of -38.71, a price-to-earnings-growth ratio of 0.76 and a beta of 1.92.

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.