Endeavour Silver (TSX: EDR), the Materials sector company, was revisited by a Wall Street analyst yesterday. BMO Capital’s analyst Ryan Thompson reiterates their Hold rating on the shares, with a C$3.75 price target.
According to TipRanks.com, Thompson is a 1-star analyst with an average return of -3.8% and a 36.4% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Hecla Mining Company, and Coeur Mining.
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The word on The Street in general, suggests a Hold analyst consensus rating for Endeavour Silver with a C$3.75 average price target.
Based on Endeavour Silver’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of C$7.3 million. In comparison, last year the company had a GAAP net loss of C$21.51K.
Endeavour Silver Corp. is a mineral company. It engages in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company projects include Terronera property in Jalisco, El Compas property and La Plata plant in Zacatecas, and Parral properties in Chihuahua.
The company’s shares closed on Thursday at C$3.28.
