BMO Capital Markets Comments on Endeavour Silver

BMO Capital Markets provided color on Endeavour Silver (NYSE: EXK) regarding Endeavour's additional drill results from its Daniela site at Central Mexico's Guanajuato mine. BMO Capital Markets has previously given Endeavour Silver an Underperform rating and $8.50 price target.

In the report, BMO Capital Markets states, " BMO Research views the recent drill results from the Daniela vein as positive, with the potential to grow reserves and resources at grades appreciably above the current reserve base."

Shares of Endeavour Silver were trading at $12.35 at the time of posting, down 0.48% from Friday's market close.