Ventum Financial Reiterates C$9.00 Price Target for Endeavour Silver (TSE:EDR)

Endeavour Silver (TSE:EDR) (NYSE:EXK) has been assigned a C$9.00 price objective by equities researchers at Ventum Financial in a research report issued on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum Financial’s price objective indicates a potential upside of 48.76% from the company’s current price.

A number of other brokerages also recently weighed in on EDR. TD Securities upped their target price on Endeavour Silver from C$7.00 to C$7.50 in a report on Friday, October 18th. Ventum Cap Mkts raised Endeavour Silver to a “strong-buy” rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$7.63.

Endeavour Silver Price Performance

EDR stock traded up C$0.31 during trading on Tuesday, hitting C$6.05. The company had a trading volume of 410,300 shares, compared to its average volume of 771,291. The company has a current ratio of 2.02, a quick ratio of 2.38 and a debt-to-equity ratio of 14.58. The business has a 50 day moving average of C$6.26 and a 200 day moving average of C$5.45. Endeavour Silver has a fifty-two week low of C$1.94 and a fifty-two week high of C$7.87. The firm has a market capitalization of C$1.49 billion, a price-to-earnings ratio of -75.63, a P/E/G ratio of 0.76 and a beta of 1.92.

Insider Activity at Endeavour Silver

In other news, Senior Officer Donald Paul Gray sold 60,000 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of C$6.62, for a total transaction of C$396,990.00. Also, Director Rex John Mclennan sold 34,800 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$6.50, for a total value of C$226,200.00. 0.17% of the stock is owned by company insiders.

Endeavour Silver Company Profile

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.