Endeavour Silver Corp (NYSE:EXK) price on Wednesday, February 05, rose 2.22% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.15.
A look at the stock’s price movement, the close in the last trading session was $4.06, moving within a range at $4.09 and $4.27. 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 6.96% over the past month.
Endeavour Silver Corp’s market cap currently stands at around $1.02 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 69.9M for the company’s revenue for the quarter, with a low and high estimate of 65.79M and 73.86M respectively. The average forecast suggests up to a 2.74% 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 315.77M, representing a 14.07% 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 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% 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 12.39% and 6.82% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.24, while 7-day volatility ratio is 5.15% and 5.85% in the 30-day chart. Further, Endeavour Silver Corp (EXK) has a beta value of 1.55, and an average true range (ATR) of 0.23. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $7 and high of $7. Looking at the price targets, the low is -68.67% off current price level while to achieve the yearly target high, price needs to move -68.67%. Nonetheless, investors will most likely welcome a -68.67% jump to $7 which is the analysts’ median price.
If we refocus on Endeavour Silver Corp (NYSE:EXK), historical trading data shows that trading volumes averaged 10.13 over the past 10 days and 7.26 million over the past 3 months. The company’s latest data on shares outstanding shows there are 246.03 million shares.
The 0.20% of Endeavour Silver Corp’s shares are in the hands of company insiders while institutional holders own 35.66% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.68 million on 2025-01-15, giving us a short ratio of 1.46. Current price change has pushed the stock 13.39% 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.
