Starcore International Mines (TSE:SAM) Stock: Insider Robert Eadie Acquires 291,500 Shares

Starcore International Mines Ltd. (TSE:SAM – Get Free Report) Director Robert Eadie bought 291,500 shares of the stock in a transaction dated Wednesday, October 28th. The shares were purchased at an average price of C$0.25 per share, with a total value of C$72,875.00. Following the completion of the transaction, the director directly owned 6,819,575 shares in the company, valued at approximately C$1,704,893.75. The trade was a 4.47% increase in their position.

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

  • On Friday, October 30th, Robert Eadie purchased 688,500 shares of Starcore International Mines stock. The stock was acquired at an average price of C$0.25 per share, for a total transaction of C$172,125.00.

Starcore International Mines Stock Performance

Shares of SAM opened at C$0.27 on Monday. The company’s fifty day moving average is C$0.38 and its 200 day moving average is C$0.64. Starcore International Mines Ltd. has a fifty-two week low of C$0.25 and a fifty-two week high of C$1.51. The stock has a market capitalization of C$26.05 million, a PE ratio of 2.70 and a beta of 0.08. The company has a debt-to-equity ratio of 0.87, a quick ratio of 3.79 and a current ratio of 2.20.

Starcore International Mines (TSE:SAM – Get Free Report) last released its quarterly earnings data on Monday, September 14th. The company reported C$0.03 EPS 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 during the quarter.

Starcore International Mines Company Profile

(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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