Insider Selling: Endeavour Silver (TSE:EDR) Insider Sells C$19,877.00 in Stock

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) insider Allison Lauren Pettit sold 1,300 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of C$15.29, for a total value of C$19,877.00. Following the sale, the insider owned 3,661 shares in the company, valued at C$55,976.69. The trade was a 26.20% decrease in their ownership of the stock.

Endeavour Silver Trading Up 3.6%

Shares of TSE EDR opened at C$15.65 on Friday. The company has a market cap of C$4.63 billion, a price-to-earnings ratio of 78.25, a price-to-earnings-growth ratio of 0.76 and a beta of 3.20. Endeavour Silver Corp. has a 12-month low of C$7.99 and a 12-month high of C$20.70. The company has a current ratio of 1.97, a quick ratio of 2.38 and a debt-to-equity ratio of 34.64. The stock’s 50 day simple moving average is C$12.37 and its 200 day simple moving average is C$13.37.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last issued its quarterly earnings data on Wednesday, July 29th. The company reported C$0.21 EPS for the quarter. Endeavour Silver had a return on equity of 10.49% and a net margin of 8.73%.The firm had revenue of C$301.35 million during the quarter. Equities research analysts expect that Endeavour Silver Corp. will post 0.6341991 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on EDR. TD set a C$15.00 price objective on shares of Endeavour Silver and gave the stock a “buy” rating in a report on Monday. B. Riley Financial raised shares of Endeavour Silver to a “strong-buy” rating in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to data from MarketBeat, Endeavour Silver currently has a consensus rating of “Strong Buy” and an average price target of C$18.53.

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.