Starcore International Mines (TSE:SAM) Director Robert Eadie Buys 291,500 Shares of Company Stock

by · The Markets Daily

Starcore International Mines Ltd. (TSE:SAM – Get Free Report) Director Robert Eadie bought 291,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 28th. The stock was acquired at an average cost of C$0.25 per share, for a total transaction of C$72,875.00. Following the acquisition, the director directly owned 6,819,575 shares of the company’s stock, valued at C$1,704,893.75. The trade was a 4.47% increase in their ownership of the stock.

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

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

Starcore International Mines Price Performance

Starcore International Mines stock opened at C$0.27 on Friday. The stock has a market cap of C$26.05 million, a PE 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. The stock’s fifty day moving average is C$0.38 and its two-hundred day moving average is C$0.64. Starcore International Mines Ltd. has a 1-year low of C$0.25 and a 1-year high of C$1.51.

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

About Starcore International Mines

(Get Free Report)

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.

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