Insider Buying: Starcore International Mines (TSE:SAM) Director Buys C$72,875.00 in Stock

Starcore International Mines Ltd. (TSE:SAM) Director Robert Eadie purchased 291,500 shares of the business’s stock in a transaction on Wednesday, October 28th. The shares were bought at an average price of C$0.25 per share, for a total transaction of C$72,875.00. Following the purchase, the director directly owned 6,819,575 shares in the company, valued at C$1,704,893.75. This represents a 4.47% increase in their position.

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

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

Starcore International Mines Stock Performance

Shares of TSE:SAM remained flat at C$0.27 on Friday. 61,675 shares of the stock traded hands, compared to its average volume of 270,498. The stock has a market cap of C$26.05 million, a price-to-earnings ratio of 2.70 and a beta of 0.08. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.20 and a quick ratio of 3.79. Starcore International Mines Ltd. has a 1-year low of C$0.25 and a 1-year high of C$1.51. The stock has a fifty day moving average price of C$0.38 and a 200 day moving average price of C$0.64.

Starcore International Mines (TSE:SAM) last released its earnings results on Monday, September 14th. The company reported C$0.03 earnings per share (EPS) for the quarter. The firm had revenue of C$10.50 million for the quarter. Starcore International Mines had a return on equity of 18.91% and a net margin of 20.66%.

About Starcore International Mines

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.