Endeavour Silver (TSE:EDR) Raised 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 report issued on Monday,Zacks.com reports.

Several other research firms also recently issued reports on EDR. Ventum Cap Mkts upgraded shares of Endeavour Silver to a “strong-buy” rating in a research note on Wednesday, November 13th. BMO Capital Markets decreased their price objective 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 stock a “buy” rating in a research note on Tuesday, December 3rd. One investment 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’s stock. According to MarketBeat, Endeavour Silver currently has a consensus rating of “Buy” and an average price target of C$7.75.

Endeavour Silver Stock Performance

Shares of EDR stock opened at C$6.52 on Monday. The company has a debt-to-equity ratio of 20.65, a quick ratio of 2.38 and a current ratio of 1.39. Endeavour Silver has a one year low of C$2.74 and a one year high of C$7.87. The company has a 50 day moving average price of C$5.49 and a 200 day moving average price of C$5.58. The firm has a market capitalization of C$1.13 billion, a price-to-earnings ratio of -38.42, 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.