Endeavour Silver (EDR) Gets a Sell Rating from CIBC


Endeavour Silver (EDR), the Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Cosmos Chiu from CIBC rated Endeavour Silver (EDR) a Sell, setting a C$3 price target.

According to TipRanks.com, Chiu is a 4-star analyst with an average return of 5.9% and a 47.5% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Osisko Gold Royalties Ltd, and Detour Gold Corporation.

Currently, the analyst consensus on Endeavour Silver is a Moderate Buy with an average price target of C$2.77.

Endeavour Silver’s market cap is currently C$335.8M and has a P/E ratio of 0. The company has a Price to Book ratio of 1.79.

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 Monday at C$2.65.

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