In last trading session, Endeavour Silver Corp. (NYSE:EXK) saw 10.35 million shares changing hands with its beta currently measuring 1.70. Company’s recent per share price level of $2.90 trading at $0.06 or 2.11% at ring of the bell on the day assigns it a market valuation of $579.10M. That closing price of EXK’s stock is at a discount of -56.9% from its 52-week high price of $4.55 and is indicating a premium of 51.03% from its 52-week low price of $1.42. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.86 million shares which gives us an average trading volume of 4.93 million if we extend that period to 3-months.
Endeavour Silver Corp. (NYSE:EXK) trade information
Upright in the green during last session for gaining 2.11%, in the last five days EXK remained trading in the green while hitting it’s week-highest on Tuesday, 04/09/24 when the stock touched $2.90 price level, adding 4.92% to its value on the day. Endeavour Silver Corp.’s shares saw a change of 47.21% in year-to-date performance and have moved 3.94% in past 5-day. Endeavour Silver Corp. (NYSE:EXK) showed a performance of 33.64% in past 30-days. Number of shares sold short was 10.06 million shares which calculate 1.92 days to cover the short interests.
Endeavour Silver Corp. (EXK) estimates and forecasts
Statistics highlight that Endeavour Silver Corp. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 17.89% of value to its shares in past 6 months, showing an annual growth rate of 500.00% while that of industry is 19.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -33.30% in the current quarter and calculating 300.00% increase in the next quarter. This year revenue growth is estimated to rise 10.90% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $54.89 million for the same. And 1 analysts are in estimates of company making revenue of $55.22 million in the next quarter that will end on Jun 2024. Company posted $55.46 million and $50.07 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -1.00% while estimating it to be 10.30% for the next quarter.
EXK Dividends
Endeavour Silver Corp. is more likely to be releasing its next quarterly report on May 09 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Endeavour Silver Corp. (NYSE:EXK)’s Major holders
Insiders are in possession of 0.60% of company’s total shares while institution are holding 32.42 percent of that, with stock having share float percentage of 32.62%. Investors also watch the number of corporate investors in a company very closely, which is 32.42% institutions for Endeavour Silver Corp. that are currently holding shares of the company. Van Eck Associates Corporation is the top institutional holder at EXK for having 19.7 million shares of worth $56.92 million. And as of Jun 29, 2023, it was holding 9.89% of the company’s outstanding shares.
The second largest institutional holder is ETF Managers Group, LLC, which was holding about 5.45 million shares on Mar 30, 2023. The number of shares represents firm’s hold over 2.74% of outstanding shares, having a total worth of $21.15 million.
On the other hand, VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 10.19 million shares of worth $24.76 million or 5.12% of the total outstanding shares. The later fund manager was in possession of 7.84 million shares on Sep 29, 2023, making its stake of worth around $19.06 million in the company or a holder of 3.94% of company’s stock.
