Key Points
- Insider selling: Endeavour Silver insider Luis Renato Castro sold 10,000 shares for C$152,000 at an average price of C$15.20, reducing his stake by about 19.84%.
- Stock weakness and valuation: The shares were down 8.9% and opened at C$13.49, while the company carries a large debt-to-equity ratio of 38.42 and a beta of 3.24.
- Analyst outlook remains bullish: Despite recent volatility, analysts have a consensus rating of Strong Buy with an average price target of C$19.23, above the current price.
Endeavour Silver Corp. (TSE:EDR - Get Free Report) (NYSE:EXK) insider Luis Renato Castro sold 10,000 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of C$15.20, for a total transaction of C$152,000.00. Following the sale, the insider owned 40,408 shares of the company's stock, valued at approximately C$614,201.60. This represents a 19.84% decrease in their position.
Endeavour Silver Stock Down 8.9%
Shares of TSE:EDR opened at C$13.49 on Friday. The stock has a market cap of C$3.99 billion, a P/E ratio of -224.83, a P/E/G ratio of 0.76 and a beta of 3.24. The firm has a fifty day moving average price of C$13.48 and a 200 day moving average price of C$13.85. The company has a debt-to-equity ratio of 38.42, a current ratio of 1.69 and a quick ratio of 2.38. Endeavour Silver Corp. has a 1-year low of C$4.41 and a 1-year high of C$20.70.
Endeavour Silver (TSE:EDR - Get Free Report) (NYSE:EXK) last released its earnings results 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 company had revenue of C$291.55 million during the quarter. Sell-side analysts predict that Endeavour Silver Corp. will post 0.6341991 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on EDR. National Bank Financial set a C$28.00 target price on shares of Endeavour Silver and gave the stock an "outperform" rating in a research note on Friday, April 17th. TD Securities raised their target price on shares of Endeavour Silver from C$14.00 to C$21.00 in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Strong Buy" and an average price target of C$19.23.
Read Our Latest Stock Analysis on EDR
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.
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