Insider Selling: Endeavour Silver (TSE:EDR) Insider Sells 10,000 Shares of Stock

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) insider Luis Renato Castro sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$15.20, for a total transaction of C$152,000.00. Following the sale, the insider directly owned 40,408 shares in the company, valued at approximately C$614,201.60. This trade represents a 19.84% decrease in their ownership of the stock.

Endeavour Silver Stock Down 8.9%

Shares of Endeavour Silver stock traded down C$1.31 during midday trading on Friday, hitting C$13.49. The company’s stock had a trading volume of 1,490,377 shares, compared to its average volume of 1,613,681. Endeavour Silver Corp. has a 1-year low of C$4.41 and a 1-year high of C$20.70. The company has a quick ratio of 2.38, a current ratio of 1.69 and a debt-to-equity ratio of 38.42. The firm has a market capitalization of C$3.99 billion, a P/E ratio of -224.83, a PEG ratio of 0.76 and a beta of 3.24. The stock has a 50-day simple moving average of C$13.48 and a 200-day simple moving average of C$13.85.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last released its earnings results on Wednesday, May 6th. The company reported C$0.29 earnings per share for the quarter. The company had revenue of C$291.55 million for the quarter. Endeavour Silver had a negative return on equity of 3.75% and a negative net margin of 3.48%. As a group, sell-side analysts expect that Endeavour Silver Corp. will post 0.6341991 earnings per share for the current year.

Analyst Upgrades and Downgrades

EDR has been the subject of a number of research analyst reports. TD Securities increased their target price on shares of Endeavour Silver from C$14.00 to C$21.00 in a research report on Thursday, January 22nd. National Bank Financial set a C$28.00 price target on shares of Endeavour Silver and gave the stock an “outperform” rating in a research note on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Strong Buy” and an average target price of C$19.23.

Endeavour Silver Company Profile

Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.