Endeavour Silver (TSE:EDR) PT Raised to C$6.00 at CIBC

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price target increased by equities researchers at CIBC from C$4.25 to C$6.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage presently has a “neutral” rating on the stock. CIBC’s price target would indicate a potential upside of 19.52% from the company’s current price.

Endeavour Silver Stock Down 2.1 %

Shares of EDR stock opened at C$5.02 on Wednesday. Endeavour Silver has a 12-month low of C$1.94 and a 12-month high of C$5.50. The company has a quick ratio of 2.38, a current ratio of 2.02 and a debt-to-equity ratio of 1.72. The firm has a fifty day moving average of C$3.81 and a 200-day moving average of C$2.96. The company has a market capitalization of C$1.21 billion, a price-to-earnings ratio of -502.00, a P/E/G ratio of 0.76 and a beta of 1.76.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last released its quarterly earnings results on Monday, March 11th. The company reported C$0.03 earnings per share (EPS) for the quarter. The firm had revenue of C$68.76 million for the quarter. Endeavour Silver had a negative return on equity of 0.41% and a negative net margin of 0.71%. As a group, equities research analysts predict that Endeavour Silver will post 0.0341241 earnings per share for the current fiscal year.

Insider Transactions at Endeavour Silver

In related news, Senior Officer Dale Mah sold 41,400 shares of Endeavour Silver stock in a transaction dated Friday, May 17th. The stock was sold at an average price of C$5.22, for a total value of C$215,905.14. 0.57% of the stock is currently owned by insiders.

About Endeavour Silver

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.