Endeavour Silver Corporation – Consensus Indicates Potential 58.3% Upside

Broker Ratings
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Endeavour Silver Corporation with ticker code (EXK) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 8.25 and 2.35 with a mean TP of 5.46. Now with the previous closing price of 3.45 this now indicates there is a potential upside of 58.3%. The day 50 moving average is 3.43 and the 200 moving average now moves to 4.15. The market capitalisation for the company is $649m. Company Website: https://www.edrsilver.com

The potential market cap would be $1,026m based on the market concensus.

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company operates two producing silver-gold mines in Mexico, such as the Guanaceví mine in Durango; and the Bolañitos mine in Guanajuato. It is also advancing two exploration and development projects in Mexico, including the Terronera property in Jalisco; and the Parral properties in Chihuahua. In addition, the company holds interests in three exploration projects in northern Chile comprising the Aida silver project, the Paloma gold project, and the Cerro Marquez copper-molybdenum gold project. The company was formerly known as Endeavour Gold Corp. and changed its name to Endeavour Silver Corp. in September 2004. Endeavour Silver Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada.

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