Endeavour Silver (TSE:EDR) Announces Earnings Results

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

Endeavour Silver Trading Down 2.8%

TSE:EDR opened at C$10.63 on Thursday. Endeavour Silver has a 1-year low of C$6.79 and a 1-year high of C$20.70. The business’s 50-day moving average price is C$11.84 and its two-hundred day moving average price is C$13.79. The company has a current ratio of 1.69, a quick ratio of 2.38 and a debt-to-equity ratio of 38.42. The firm 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.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, insider Elizabeth Kathryn Senez sold 10,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was 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 in the company, valued at approximately C$107,163.40. The trade was a 58.84% decrease in their position. Also, insider Luis Renato Castro sold 10,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of C$15.20, for a total value of C$152,000.00. Following the completion of the sale, the insider directly owned 40,408 shares of the company’s stock, valued at approximately C$614,201.60. This trade represents a 19.84% decrease in their ownership of the stock. Insiders have sold a total of 28,172 shares of company stock worth $430,491 in the last ninety days. 0.17% of the stock is currently owned by corporate 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.