Key Points
- Insider sale: Endeavour Silver insider Allison Lauren Pettit sold 4,172 shares on May 11 for about C$64,290.52, reducing her position by 53.26%.
- Stock performance and valuation: The shares were trading up 12.6% at C$15.46, with the company carrying a market cap of C$4.58 billion and a 52-week range of C$4.41 to C$20.70.
- Analyst outlook: Wall Street remains bullish, with a consensus rating of Strong Buy and an average price target of C$19.23 after several firms raised targets.
Endeavour Silver Corp. (TSE:EDR - Get Free Report) (NYSE:EXK) insider Allison Lauren Pettit sold 4,172 shares of the company's stock in a transaction on Monday, May 11th. The shares were sold at an average price of C$15.41, for a total value of C$64,290.52. Following the completion of the sale, the insider directly owned 3,661 shares in the company, valued at C$56,416.01. This trade represents a 53.26% decrease in their position.
Endeavour Silver Trading Up 12.6%
TSE:EDR opened at C$15.46 on Tuesday. The company has a market capitalization of C$4.58 billion, a PE ratio of -257.67, a price-to-earnings-growth ratio of 0.76 and a beta of 3.24. The company has a quick ratio of 2.38, a current ratio of 1.69 and a debt-to-equity ratio of 38.42. Endeavour Silver Corp. has a 52-week low of C$4.41 and a 52-week high of C$20.70. The stock has a fifty day simple moving average of C$13.69 and a 200-day simple moving average of C$13.77.
Endeavour Silver (TSE:EDR - Get Free Report) (NYSE:EXK) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.29 EPS for the quarter. Endeavour Silver had a negative net margin of 3.48% and a negative return on equity of 3.75%. The firm had revenue of C$291.55 million for the quarter. On average, equities research analysts expect that Endeavour Silver Corp. will post 0.6341991 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on EDR. National Bank Financial set a C$28.00 price objective on shares of Endeavour Silver and gave the stock an "outperform" rating in a research note on Friday, April 17th. TD Securities upped their target price on Endeavour Silver from C$14.00 to C$21.00 in a research note on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce increased their target price on Endeavour Silver from C$18.00 to C$20.00 in a report on Tuesday, January 13th. Two analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Strong Buy" and an average price target of C$19.23.
Get Our Latest Stock Report on Endeavour Silver
Endeavour Silver Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
