In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Endeavour Silver (EXK), with a price target of $6.50. The company’s shares closed last Monday at $5.83.
According to TipRanks.com, Ihle is a top 100 analyst with an average return of 48.6% and a 66.4% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and First Majestic Silver.
Currently, the analyst consensus on Endeavour Silver is a Moderate Buy with an average price target of $6.02.
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Endeavour Silver’s market cap is currently $918.1M and has a P/E ratio of -22.90. The company has a Price to Book ratio of 6.80.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EXK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Endeavour Silver Corp. operates as a mineral company. It engages in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The firm’s projects include Terronera property in Jalisco, El Compas property and La Plata plant in Zacatecas, and Parral property in Chihuahua. The company was founded by Bradford James Cooke on March 11, 1981 and is headquartered in Vancouver, Canada.
