Endeavour Silver (TSE:EDR) Upgraded to “Moderate Buy” at Raymond James

Endeavour Silver (TSE:EDR) (NYSE:EXK) was upgraded by research analysts at Raymond James to a “moderate buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other research firms also recently commented on EDR. TD Securities reduced 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. BMO Capital Markets reduced their price target on shares of Endeavour Silver from C$8.50 to C$8.00 in a research note on Wednesday, February 12th. Finally, Ventum Financial set a C$9.00 price objective on shares of Endeavour Silver and gave the company a “buy” rating in a research report on Tuesday, December 3rd. One equities 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. According to MarketBeat, the company has an average rating of “Buy” and an average target price of C$7.70.

Endeavour Silver Stock Down 4.0 %

Endeavour Silver stock opened at C$6.66 on Thursday. Endeavour Silver has a 12 month low of C$2.85 and a 12 month high of C$7.87. The stock has a fifty day simple moving average of C$5.72 and a two-hundred day simple moving average of C$5.72. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65. The firm has a market cap of C$1.16 billion, a price-to-earnings ratio of -39.24, a PEG 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.