Endeavour Silver (TSE:EDR) Insider Luis Renato Castro Sells 10,000 Shares

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) insider Luis Renato Castro sold 10,000 shares of the 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 completion of the transaction, the insider directly owned 40,408 shares in the company, valued at C$614,201.60. This trade represents a 19.84% decrease in their ownership of the stock.

Endeavour Silver Trading Down 8.9%

TSE EDR opened at C$13.49 on Friday. The company has a debt-to-equity ratio of 38.42, a current ratio of 1.69 and a quick ratio of 2.38. The firm’s fifty day moving average price is C$13.48 and its 200 day moving average price is C$13.85. The company has a market capitalization of C$3.99 billion, a price-to-earnings ratio of -224.83, a price-to-earnings-growth ratio of 0.76 and a beta of 3.24. Endeavour Silver Corp. has a 12 month low of C$4.41 and a 12 month high of C$20.70.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last posted its earnings results on Wednesday, May 6th. The company reported C$0.29 EPS 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%. On average, sell-side analysts expect that Endeavour Silver Corp. will post 0.6341991 earnings per share for the current fiscal year.

Analysts Set New Price Targets

EDR has been the topic of a number of recent analyst reports. National Bank Financial set a C$28.00 target price on shares of Endeavour Silver and gave the company an “outperform” rating in a research report on Friday, April 17th. TD Securities increased their price target 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’s stock. Based on data from MarketBeat.com, the stock presently 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.