Daniel Dickson Sells 100,000 Shares of Endeavour Silver (TSE:EDR) Stock

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

Endeavour Silver Trading Up 6.1%

TSE EDR opened at C$17.64 on Monday. The stock has a market capitalization of C$5.19 billion, a P/E ratio of -53.45, a P/E/G ratio of 0.76 and a beta of 2.78. The business has a 50 day simple moving average of C$15.25 and a 200 day simple moving average of C$12.03. The company has a debt-to-equity ratio of 20.65, a current ratio of 1.39 and a quick ratio of 2.38. Endeavour Silver Corp. has a one year low of C$4.21 and a one year high of C$20.70.

Wall Street Analyst Weigh In

EDR has been the subject of several research analyst reports. 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. TD Securities upped their price target on Endeavour Silver from C$14.00 to C$21.00 in a research note on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce increased their price target on Endeavour Silver from C$18.00 to C$20.00 in a report on Tuesday, January 13th. Three research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and an average price target of C$15.94.

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.