Today, an analyst has provided a rating update for Endeavour Silver (EDR). Analyst Ryan Thompson from BMO Capital remains neutral on the stock and has a C$2.60 price target.
According to TipRanks.com, Thompson has 0 stars on 0-5 star ranking scale with an average return of -9.1% and a 41.9% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, First Majestic Silver, and Silvercorp Metals Inc.
Endeavour Silver has an analyst consensus of Moderate Buy, with a price target consensus of C$2.77.
Based on Endeavour Silver’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of C$7.13 million. In comparison, last year the company had a net profit of C$3.39 million.
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 Friday at C$2.70.
