Allison Lauren Pettit Sells 1,300 Shares of Endeavour Silver (TSE:EDR) Stock

Key Points

• Insider sale: Allison Lauren Pettit sold 1,300 Endeavour Silver shares at C$15.29 each, totaling C$19,877 and reducing her position by 26.2% to 3,661 shares.
• Stock performance: Endeavour Silver shares rose to C$15.30 during Tuesday trading, with a C$4.53 billion market capitalization and a 52-week range of C$7.80 to C$20.70.
• Analyst outlook: Analysts maintain a favorable view, with an average rating of “Strong Buy” and a consensus price target of C$18.53; the company recently reported C$0.21 quarterly EPS and C$301.35 million in revenue.

Endeavour Silver Corp. (TSE:EDR - Get Free Report) NYSE: EXK insider Allison Lauren Pettit sold 1,300 shares of the business's stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of C$15.29, for a total value of C$19,877.00. Following the completion of the transaction, the insider directly owned 3,661 shares of the company's stock, valued at approximately C$55,976.69. This trade represents a 26.20% decrease in their position.

Endeavour Silver Stock Performance

Endeavour Silver stock traded up C$0.38 during midday trading on Tuesday, hitting C$15.30. 589,400 shares of the company were exchanged, compared to its average volume of 1,310,797. The firm has a market capitalization of C$4.53 billion, a PE ratio of 76.50, a price-to-earnings-growth ratio of 0.76 and a beta of 3.20. Endeavour Silver Corp. has a fifty-two week low of C$7.80 and a fifty-two week high of C$20.70. The business has a fifty day simple moving average of C$12.20 and a two-hundred day simple moving average of C$13.37. The company has a debt-to-equity ratio of 34.64, a quick ratio of 2.38 and a current ratio of 1.97.

Endeavour Silver (TSE:EDR - Get Free Report) NYSE: EXK last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.21 earnings per share (EPS) for the quarter. The company had revenue of C$301.35 million during the quarter. Endeavour Silver had a return on equity of 10.49% and a net margin of 8.73%. On average, sell-side analysts forecast that Endeavour Silver Corp. will post 0.6341991 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. TD set a C$15.00 target price on Endeavour Silver and gave the company a "buy" rating in a report on Monday. B. Riley Financial raised Endeavour Silver to a "strong-buy" rating in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company's stock. According to MarketBeat.com, Endeavour Silver currently has an average rating of "Strong Buy" and a consensus price target of C$18.53.

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.

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