Endeavour Silver Corp (NYSE:EXK) shares, rose in value, with the stock price down by -4.73% to the previous day’s close as strong demand from buyers drove the stock to $5.04.
Actively observing the price movement in the last trading, the stock closed the session at $5.29, falling within a range of $4.87 and $5.14. The value of beta (5-year monthly) was 1.92. Referring to stock’s 52-week performance, its high was $5.67, and the low was $1.42. On the whole, EXK has fluctuated by 21.45% over the past month.
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With the market capitalization of Endeavour Silver Corp currently standing at about $1.72 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 231.08M, with a low estimate of 46.33M and a high estimate of 55.36M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 51.56M.
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 100% 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 5.14% and 25.64% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.50, while the 7-day volatility ratio is showing 4.98% which for the 30-day chart, stands at 5.40%. Furthermore, Endeavour Silver Corp (EXK)’s beta value is 1.71, and its average true range (ATR) is 0.29.
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 -4.73% in last session, and over the past year, it grew by 135.51%%.
Data on historical trading for Endeavour Silver Corp (NYSE:EXK) indicates that the trading volumes over the past 10 days have averaged 7.1 and over the past 3 months, they’ve averaged 5.52 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 37.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.42 million shares as on 2024-10-15, resulting in a short ratio of 2.72. The stock has risen by 155.84% 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.
