Silver Producer Focused on Growth - Mexico

Three producing silver mines/mills in Mexico, the Guanacevi Mine in Durango State and the Bolanitos and El Cubo in Guanajuato. Production forcast for 2013: 8M Oz Eq @ 8-9$/Oz

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Message: Analyst Actions: Endeavour Silver Keeps Market Perform, $3.30 Target Price at BMO Capital

 

 
2017-11-17 10:24:13 AM ET (MT Newswires)
   
   

10:24 AM EST, 11/17/2017 (MT Newswires) -- Endeavour Silver (EDR.TO) added about 2% in recent trade after BMO Capital kept its market perform view and target price of $3.30 on the stock.

BMO said Endeavour has a strong organic growth profile with the development of El Compas and Terronera. That being said, the company has recently had challenges with its Guanaceví mine and the broker sees some risk to future growth being offset by shorter reserve lives at current operating assets.

BMO still expects EPS of $0.10 for 2017 and $0.19 for 2018.

Price: 2.67 , Change: +0.04, Percent Change: +1.5

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