Endeavour Silver Corp. (NYSE:EXK) shares, rose in value, with the stock price up by 2.84% to the previous day’s close as strong demand from buyers drove the stock to $4.35.
Actively observing the price movement in the last trading, the stock closed the session at $4.23, falling within a range of $4.205 and $4.4185. The value of beta (5-year monthly) was 1.92. Referring to stock’s 52-week performance, its high was $5.02, and the low was $1.42. On the whole, EXK has fluctuated by 38.98% over the past month.
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With the market capitalization of Endeavour Silver Corp. currently standing at about $1.07 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 243.33M, with a low estimate of 53M and a high estimate of 56.36M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 54.91M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EXK’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of EXK currently trading nearly 9.32% and 25.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.58, while the 7-day volatility ratio is showing 5.40% which for the 30-day chart, stands at 5.93%. Furthermore, Endeavour Silver Corp. (EXK)’s beta value is 1.71, and its average true range (ATR) is 0.23.
A comparison of Endeavour Silver Corp. (EXK) with its peers suggests the former has fared considerably weaker in the market. EXK showed an intraday change of 2.84% in last session, and over the past year, it grew by 79.01%%.
Data on historical trading for Endeavour Silver Corp. (NYSE:EXK) indicates that the trading volumes over the past 10 days have averaged 5.24 and over the past 3 months, they’ve averaged 5.41 million. According to company’s latest data on outstanding shares, there are 246.02 million shares outstanding.
Nearly 0.40% of Endeavour Silver Corp.’s shares belong to company insiders and institutional investors own 37.17% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.62 million shares as on 2024-09-30, resulting in a short ratio of 2.65. The stock has risen by 120.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EXK stock heading into the next quarter.
