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

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) insider Luis Renato Castro sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of C$15.20, for a total transaction of C$152,000.00. Following the sale, the insider owned 40,408 shares in the company, valued at approximately C$614,201.60. The trade was a 19.84% decrease in their position.

Endeavour Silver Price Performance

TSE EDR opened at C$13.49 on Friday. Endeavour Silver Corp. has a 12 month low of C$4.41 and a 12 month high of C$20.70. The stock has a market cap of C$3.99 billion, a price-to-earnings ratio of -224.83, a PEG ratio of 0.76 and a beta of 3.24. The company’s 50 day moving average is C$13.48 and its two-hundred day moving average is C$13.85. The company has a current ratio of 1.69, a quick ratio of 2.38 and a debt-to-equity ratio of 38.42.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. National Bank Financial set a C$28.00 price objective on shares of Endeavour Silver and gave the company an “outperform” rating in a report on Friday, April 17th. TD Securities increased their price objective on shares of Endeavour Silver from C$14.00 to C$21.00 in a report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, Endeavour Silver presently has a consensus 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.