Endeavour Silver (TSE:EDR) Insider Sells C$1,899,000.00 in Stock

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) insider Daniel Dickson sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of C$18.99, for a total transaction of C$1,899,000.00. Following the sale, the insider directly owned 270,624 shares in the company, valued at approximately C$5,139,149.76. The trade was a 26.98% decrease in their ownership of the stock.

Endeavour Silver Stock Up 6.1%

TSE:EDR traded up C$1.02 during midday trading on Friday, reaching C$17.64. The company had a trading volume of 2,325,059 shares, compared to its average volume of 2,010,140. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65. The firm has a market capitalization of C$5.19 billion, a price-to-earnings ratio of -53.45, a PEG ratio of 0.76 and a beta of 2.78. The stock’s fifty day simple moving average is C$15.25 and its 200-day simple moving average is C$11.97. Endeavour Silver Corp. has a 12-month low of C$4.21 and a 12-month high of C$20.70.

Wall Street Analysts Forecast Growth

EDR has been the subject of a number of research analyst reports. TD Securities upped their price target on Endeavour Silver from C$14.00 to C$21.00 in a report on Thursday, January 22nd. National Bank Financial decreased their price target on shares of Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Friday, January 9th. Finally, Canadian Imperial Bank of Commerce upped their target price on shares of Endeavour Silver from C$18.00 to C$20.00 in a report on Tuesday, January 13th. Three equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Strong Buy” and an average price target of C$15.94.

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.