Endeavour Silver Corp (NYSE:EXK) price on current trading day, fall -2.22% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.18.
A look at the stock’s price movement, the level at last check in today’s session was $4.28, moving within a range at $4.16 and $4.31. The beta value (5-Year monthly) was 1.933. Turning to its 52-week performance, $5.67 and $1.42 were the 52-week high and 52-week low respectively. Overall, EXK moved -10.96% over the past month.
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Endeavour Silver Corp’s market cap currently stands at around $1.03 billion, with investors looking forward to this quarter’s earnings report slated for in January.
Analysts have a consensus estimate of 74.71M for the company’s revenue for the quarter, with a low and high estimate of 65.79M and 83.64M respectively. The average forecast suggests up to a 9.81% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 311.37M, representing a 12.48% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that EXK is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend EXK as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
EXK’s current price about -6.31% and -8.65% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.29, while 7-day volatility ratio is 4.64% and 5.39% in the 30-day chart. Further, Endeavour Silver Corp (EXK) has a beta value of 1.62, and an average true range (ATR) of 0.25. Analysts have given the company’s stock an average 52-week price target of $6, forecast between a low of $5.25 and high of $7.25. Looking at the price targets, the low is -25.6% off recent price level in today’s trading while to achieve the yearly target high, it has to move -73.44%. Nonetheless, investors will most likely welcome a -43.54% jump to $6 which is the analysts’ median price.
If we refocus on Endeavour Silver Corp (NYSE:EXK), historical trading data shows that trading volumes averaged 5.48 over the past 10 days and 5.88 million over the past 3 months. The company’s latest data on shares outstanding shows there are 246.03 million shares.
The 17.37% of Endeavour Silver Corp’s shares are in the hands of company insiders while institutional holders own 36.92% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.14 million on 2024-11-15, giving us a short ratio of 2.26. Current price change has pushed the stock 112.44% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EXK stock continues to rise going into the next quarter.
