Endeavour Silver (TSE:EDR) Price Target Lowered to C$3.00 at TD Securities

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective lowered by TD Securities from C$3.25 to C$3.00 in a research note released on Thursday morning, BayStreet.CA reports. The firm currently has a hold rating on the stock.

Separately, BMO Capital Markets lowered their price target on shares of Endeavour Silver from C$3.60 to C$3.20 in a research report on Thursday.

Shares of EDR stock traded up C$0.11 during trading hours on Thursday, hitting C$3.02. The company’s stock had a trading volume of 275,680 shares, compared to its average volume of 387,550. The business has a fifty day moving average of C$3.11 and a 200-day moving average of C$2.95. The stock has a market cap of $408.53 million and a price-to-earnings ratio of -11.57. Endeavour Silver has a twelve month low of C$2.21 and a twelve month high of C$4.26. The company has a current ratio of 3.28, a quick ratio of 2.37 and a debt-to-equity ratio of 6.57.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last released its quarterly earnings results on Thursday, August 8th. The company reported C($0.09) EPS for the quarter, missing the consensus estimate of C($0.06) by C($0.03). The firm had revenue of C$39.30 million for the quarter, compared to analyst estimates of C$36.51 million. On average, equities analysts expect that Endeavour Silver will post 0.03 EPS for the current fiscal year.

In other news, Director Bradford Cooke sold 20,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$3.45, for a total value of C$69,000.00. Following the sale, the director now directly owns 860,953 shares in the company, valued at C$2,970,287.85.

Endeavour Silver Company Profile

Endeavour Silver Corp., a mid-tier silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mining properties in Mexico and Chile. The company also explores for gold deposits and precious metals. The company has interests in three producing silver-gold mines in Mexico, including the Guanaceví mine in Durango; the Bolañitos mine in Guanajuato; and the El Cubo mine in Guanajuato.

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