Allison Lauren Pettit Sells 4,172 Shares of Endeavour Silver (TSE:EDR) Stock

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) insider Allison Lauren Pettit sold 4,172 shares of Endeavour Silver stock in a transaction dated Monday, May 11th. The stock was sold at an average price of C$15.41, for a total value of C$64,290.52. Following the completion of the transaction, the insider directly owned 3,661 shares of the company’s stock, valued at approximately C$56,416.01. This represents a 53.26% decrease in their position.

Endeavour Silver Stock Up 12.6%

Shares of EDR traded up C$1.73 during trading hours on Monday, hitting C$15.46. The company had a trading volume of 1,891,476 shares, compared to its average volume of 1,615,491. The firm has a fifty day moving average price of C$13.69 and a 200-day moving average price of C$13.77. The company has a debt-to-equity ratio of 38.42, a quick ratio of 2.38 and a current ratio of 1.69. The stock has a market capitalization of C$4.58 billion, a price-to-earnings ratio of -257.67, a P/E/G ratio of 0.76 and a beta of 3.24. Endeavour Silver Corp. has a 52-week low of C$4.41 and a 52-week high of C$20.70.

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

Analyst Upgrades and Downgrades

EDR has been the subject of a number of recent analyst reports. TD Securities boosted their target price on Endeavour Silver from C$14.00 to C$21.00 in a research report on Thursday, January 22nd. National Bank Financial set a C$28.00 target price on Endeavour Silver and gave the stock an “outperform” rating in a research report on Friday, April 17th. Finally, Canadian Imperial Bank of Commerce boosted their target price on Endeavour Silver from C$18.00 to C$20.00 in a research report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat, Endeavour Silver has a consensus rating of “Strong Buy” and a consensus 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.