Ringler Research: Financial analysis about silver producer Endeavour Silver published / Analytical valuation price of 3.00 CAD / 2.07 € (+30% upside target)

Ringler Research: Financial analysis about silver producer Endeavour Silver published / Analytical valuation price of 3.00 CAD / 2.07 € (+30% upside target)

Original Research from Ringler Research, a brand of Ringler Consulting and Research GmbH

Analyst: Carsten Ringler

Type of study: Research update as of 29.10.2015

Analytical valuation price target: 3.00 CAD / 2.07 €

Last closing price as of 28.10.2015: 2.30 CAD / 1.64 €

Projected upside potential to the analytical valuation price target: 30%

Sector: Mining and Metals

ISIN Nummer: CA29258Y1034

WKN Wertpapierkennnummer: A0DJON

We report in our financial analysis about Endeavour Silver Corp., which owns and develop various precious metals projects in Mexico. The author Carsten Ringler describes the projects and performs various calculations. As a result of the analysis the author Carsten Ringler is quoted: "We like the operational successes in their three mines and see great potential in the project portfolio. "

About the company:

Endeavour Silver is a mid-tier silver producer in Mexico. Endeavour Silver is a mid-sized producer of silver in Mexico. The Company currently operates three mines in the states of Durango and Guanajuato.
In 2014, a total of 11.6 million ounces SilberEq were produced at cash cost of 8,31 USD per ounce SilberEq. For 2015 the management expects to produce between 10.4 and 11.6 million ounces SilberEq at AISC-cash cost between 16 and 17,50 USD per ounce of SilberEq.
The project portfolio also includes the precious metal project "Terronera", located in the Mexican state Jalisca and it is planned to bring the project into production within the next few years.

Endeavour Silver is listed on the Canadian Stock Exchange and the Frankfurt Stock Exchange.

More information about the projects and the company can be found at:http://www.edrsilver.com/

About Ringler Research:

Ringler Consulting and Research GmbH offers wide range of consulting services for mining comapnies and institutional capital market participants. This includes, for example, the creation and distribution of equity research studies on mining companies.

The complete financial analysis can be downloaded for free after a short registration under the following link: http://www.mining-research.com/research-berichte

Please note the disclaimer, the important notes at the end of the financial analysis and on the website: http://www.mining-research.com/disclaimer

This press release and the financial analysis is not an investment advice or recommendation of certain market transactions.

Presscontact: Ringler Consulting and Research GmbH

Contact person: Carsten Ringler

Telephone: +49 172 6918274

Mail: c.ringler@gmx.de

Webpage: www.mining-research.com