Starcore International Mines (TSE:SAM) Director Robert Eadie Acquires 688,500 Shares of Stock

Starcore International Mines Ltd. (TSE:SAM – Get Free Report) Director Robert Eadie bought 688,500 shares of Starcore International Mines stock in a transaction that occurred on Friday, October 30th. The shares were acquired at an average price of C$0.25 per share, for a total transaction of C$172,125.00. Following the completion of the transaction, the director directly owned 7,508,075 shares of the company’s stock, valued at C$1,877,018.75. This trade represents a 10.10% increase in their position.

Robert Eadie also recently made the following trade(s):

  • On Wednesday, October 28th, Robert Eadie purchased 291,500 shares of Starcore International Mines stock. The stock was acquired at an average cost of C$0.25 per share, for a total transaction of C$72,875.00.

Starcore International Mines Price Performance

SAM opened at C$0.27 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.20 and a quick ratio of 3.79. The stock has a market capitalization of C$26.05 million, a price-to-earnings ratio of 2.70 and a beta of 0.08. The business has a 50-day moving average of C$0.38 and a two-hundred day moving average of C$0.64. Starcore International Mines Ltd. has a 12 month low of C$0.25 and a 12 month high of C$1.51.

Starcore International Mines (TSE:SAM – Get Free Report) last announced its quarterly earnings data on Monday, September 14th. The company reported C$0.03 earnings per share for the quarter. Starcore International Mines had a net margin of 20.66% and a return on equity of 18.91%. The business had revenue of C$10.50 million for the quarter.

About Starcore International Mines

(Get Free Report)

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. The Company’s base of producing assets includes its gold producing San Martin Mine and the La Tortilla silver mine, both in the state of Queretaro, Mexico. The Company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value.

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