Endeavour Silver (TSE:EDR) Announces Quarterly Earnings Results

Endeavour Silver (TSE:EDR) (NYSE:EXK) posted its quarterly earnings results on Wednesday. The company reported C$0.21 earnings per share for the quarter, FiscalAI reports. Endeavour Silver had a negative return on equity of 3.75% and a negative net margin of 3.48%.The company had revenue of C$301.35 million for the quarter.

Endeavour Silver Price Performance

Endeavour Silver stock traded down C$0.31 during trading hours on Wednesday, hitting C$10.63. The stock had a trading volume of 994,990 shares, compared to its average volume of 1,354,779. The stock has a market capitalization of C$3.15 billion, a price-to-earnings ratio of -177.17, a PEG ratio of 0.76 and a beta of 3.25. The company has a debt-to-equity ratio of 38.42, a current ratio of 1.69 and a quick ratio of 2.38. Endeavour Silver has a 1-year low of C$6.79 and a 1-year high of C$20.70. The stock’s fifty day moving average is C$11.89 and its two-hundred day moving average is C$13.81.

Analyst Upgrades and Downgrades

Separately, National Bank Financial set a C$28.00 target price on Endeavour Silver and gave the company an “outperform” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and an average price target of C$19.23.

Insider Buying and Selling at Endeavour Silver

In related news, Director Amy Eileen Jacobsen sold 4,000 shares of Endeavour Silver stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$15.25, for a total transaction of C$61,000.00. Following the completion of the sale, the director owned 10,818 shares in the company, valued at approximately C$164,974.50. This trade represents a 26.99% decrease in their position. Also, insider Elizabeth Kathryn Senez sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of C$15.32, for a total transaction of C$153,200.00. Following the completion of the transaction, the insider directly owned 6,995 shares of the company’s stock, valued at approximately C$107,163.40. This represents a 58.84% decrease in their position. In the last three months, insiders have sold 28,172 shares of company stock worth $430,491. 0.17% of the stock is currently owned by insiders.

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.