Insider Selling: Endeavour Silver (TSE:EDR) Director Sells 4,000 Shares of Stock

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) Director Amy Eileen Jacobsen sold 4,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of C$15.25, for a total value of C$61,000.00. Following the completion of the transaction, the director directly owned 10,818 shares of the company’s stock, valued at approximately C$164,974.50. The trade was a 26.99% decrease in their ownership of the stock.

Endeavour Silver Stock Up 1.6%

Shares of TSE:EDR traded up C$0.24 during trading on Tuesday, hitting C$15.70. 2,555,999 shares of the company’s stock traded hands, compared to its average volume of 1,625,826. The company has a current ratio of 1.69, a quick ratio of 2.38 and a debt-to-equity ratio of 38.42. The company has a 50-day moving average price of C$13.62 and a 200-day moving average price of C$13.80. Endeavour Silver Corp. has a 52 week low of C$4.41 and a 52 week high of C$20.70. The company has a market cap of C$4.65 billion, a price-to-earnings ratio of -261.67, a price-to-earnings-growth ratio of 0.76 and a beta of 3.24.

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

Analysts Set New Price Targets

A number of brokerages have recently commented on EDR. Canadian Imperial Bank of Commerce boosted their price objective on shares of Endeavour Silver from C$18.00 to C$20.00 in a research report on Tuesday, January 13th. TD Securities boosted their price objective on shares of Endeavour Silver from C$14.00 to C$21.00 in a research report on Thursday, January 22nd. Finally, 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 report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Strong Buy” and an average target price of C$19.23.

About Endeavour Silver

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.