Endeavour Silver Corp. Receives Average 'Buy' Rating From Analysts

Endeavour Silver Corp. (TSE:EDR - Get Free Report) and NYSE:EXK has been assigned an overall average rating of "Buy" from five analysts currently covering the stock, as reported by Marketbeat Ratings. Among these analysts, one has given the stock a hold rating, while two have issued buy ratings and two have rated it as a strong buy. The consensus twelve-month target price set by these brokers for Endeavour Silver is C$7.75.

Several analysts have recently provided insights about the company and its stock performance. For instance, Ventum Financial set a price target of C$9.00 for Endeavour Silver and recommended a "buy" rating in their research note on December 3rd. Furthermore, TD Securities lowered their price objective from C$7.50 to C$7.00, also designating a "buy" rating on March 11th. BMO Capital Markets adjusted their price target from C$8.50 to C$8.00 in a note on February 12th, while Raymond James set their target price at C$7.50, advising an "outperform" rating.

Endeavour Silver Stock Performance

On the trading day preceding this report, Endeavour Silver's stock experienced a decline of 3.9%, closing at C$6.67. The company recorded a trading volume of 668,711 shares, slightly below its average trading volume of 700,101. Currently, Endeavour Silver has a market capitalization of C$1.16 billion, with a price-to-earnings (P/E) ratio of -39.30 and a P/E/G ratio of 0.76, reflecting its stock's performance relative to future earnings. Over the past year, the stock has fluctuated between a low of C$2.85 and a high of C$7.87. The company’s stock is also showing a 50-day moving average of C$5.69 and a 200-day moving average of C$5.70. The financial health indicators show a debt-to-equity ratio of 20.65, a current ratio of 1.39, and a quick ratio of 2.38.

Company Overview

Endeavour Silver Corp is a Canadian mineral company focused on the evaluation, acquisition, exploration, development, and production of precious metals in Mexico and Chile. The company operates three silver-gold mines in Mexico: the Guanacevi Mine located in Durango, the Bolanitos Mine in Guanajuato, and the El Compas Mine in Zacatecas.

Market Analysis

Before considering an investment in Endeavour Silver, it is essential to compare it against other stocks recommended by top financial analysts. While the current consensus rating for Endeavour Silver is "Buy," analysts have identified other stocks that are considered better investment opportunities.

For those interested in tracking the stock recommendations from leading analysts, it's advisable to stay informed about market trends and preferences.

Endeavour, Silver, Analysts