Investor Confidence Is Shaken After Endeavour Silver Corp. (NYSE: EXK) Share Prices Dropped By -$0.08

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Endeavour Silver Corp. (NYSE:EXK) has a beta value of 1.71 and has seen 0.7 million shares traded in the recent trading session. The company, currently valued at $1.05B, closed the recent trade at $4.28 per share which meant it lost -$0.08 on the day or -1.85% during that session. The EXK stock price is -17.29% off its 52-week high price of $5.02 and 66.82% above the 52-week low of $1.42. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.85 million shares traded. The 3-month trading volume is 5.23 million shares.

The consensus among analysts is that Endeavour Silver Corp. (EXK) is Buy stock at the moment, with a recommendation rating of 1.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.01.

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Endeavour Silver Corp. (NYSE:EXK) trade information

Sporting -1.85% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EXK stock price touched $4.28 or saw a rise of 4.25%. Year-to-date, Endeavour Silver Corp. shares have moved 117.23%, while the 5-day performance has seen it change 2.62%. Over the past 30 days, the shares of Endeavour Silver Corp. (NYSE:EXK) have changed 15.97%. Short interest in the company has seen 13.62 million shares shorted with days to cover at 2.65.

Wall Street analysts have a consensus price target for the stock at $5.62, which means that the shares’ value could jump 23.84% from the levels at last check today.. The projected low price target is $5.25 while the price target rests at a high of $6.0. In that case, then, we find that the latest price level in today’s session is -40.19% off the targeted high while a plunge would see the stock gain -22.66% from the levels at last check today..

Endeavour Silver Corp. (EXK) estimates and forecasts

Figures show that Endeavour Silver Corp. shares have underperformed across the wider relevant industry. The company’s shares have gained 60.28% over the past 6 months, with this year growth rate of -600.00%, compared to 16.40% for the industry. Revenue growth from the last financial year stood is estimated to be 18.40%.

3 analysts offering their estimates for the company have set an average revenue estimate of 54.91M for the current quarter. 2 have an estimated revenue figure of 76.69M for the next ending quarter. Year-ago sales stood 49.43M and 50.5M respectively for this quarter and the next, and analysts expect sales will grow by 11.10% for the current quarter and 18.40% for the next.

EXK Dividends

Endeavour Silver Corp. is expected to release its next earnings report on 2024-Nov-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Endeavour Silver Corp. (NYSE:EXK)’s Major holders

Insiders own 0.17% of the company shares, while shares held by institutions stand at 42.83% with a share float percentage of 42.90%. Investors are also buoyed by the number of investors in a company, with Endeavour Silver Corp. having a total of 168.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 24.47 million shares worth more than $86.12 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 10.7547% of shares outstanding.

The other major institutional holder is JUPITER ASSET MANAGEMENT LTD, with the holding of over 10.78 million shares as of 2024-06-30. The firm’s total holdings are worth over $37.9 million and represent 4.7389% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Junior Gold Miners ETF and VanEck ETF Trust-VanEck Gold Miners ETF . As of Sep 30, 2024 , the former fund manager holds about 4.74% shares in the company for having 11.67 shares of worth $49.88 million while later fund manager owns 11.26 shares of worth $48.14 million as of Sep 30, 2024 , which makes it owner of about 4.58% of company’s outstanding stock.