Now Is A Good Time To Buy Endeavour Silver Corp. (NYSE: EXK)

During the last session, Endeavour Silver Corp. (NYSE:EXK)’s traded shares were 5.12 million, with the beta value of the company hitting 1.72. At the end of the trading day, the stock’s price was $5.29, reflecting an intraday loss of -4.68% or -$0.26. The 52-week high for the EXK share is $5.67, that puts it down -7.18 from that peak though still a striking 73.16% gain since the share price plummeted to a 52-week low of $1.42. The company’s market capitalization is $1.81B, and the average intraday trading volume over the past 10 days was 6.76 million shares, and the average trade volume was 5.49 million shares over the past three months.

Endeavour Silver Corp. (EXK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. EXK has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.01.

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Endeavour Silver Corp. (NYSE:EXK) trade information

Endeavour Silver Corp. (EXK) registered a -4.68% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.68% in intraday trading to $5.29, hitting a weekly high. The stock’s 5-day price performance is -2.04%, and it has moved by 30.94% in 30 days. Based on these gigs, the overall price performance for the year is 136.16%. The short interest in Endeavour Silver Corp. (NYSE:EXK) is 14.42 million shares and it means that shorts have 2.72 day(s) to cover.

The consensus price target of analysts on Wall Street is $5.62, which implies an increase of 5.87% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.25 and $6 respectively. As a result, EXK is trading at a discount of -13.42% off the target high and 0.76% off the low.

Endeavour Silver Corp. (EXK) estimates and forecasts

Statistics show that Endeavour Silver Corp. has underperformed its competitors in share price, compared to the industry in which it operates. Endeavour Silver Corp. (EXK) shares have gone up 98.13% during the last six months, with a year-to-date growth rate less than the industry average at -600.00% against 20.20. In the rating firms’ projections, revenue will increase 12.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 51.56M as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 63.34M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 49.43M and 50.5M respectively. In this case, analysts expect current quarter sales to grow by 4.30% and then jump by 25.40% in the coming quarter.

While earnings are projected to return -459.33% in 2024.

EXK Dividends

Endeavour Silver Corp. is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Endeavour Silver Corp. insiders own 0.17% of total outstanding shares while institutional holders control 42.89%, with the float percentage being 42.96%. VAN ECK ASSOCIATES CORP is the largest shareholder of the company, while 165.0 institutions own stock in it. As of 2024-06-30, the company held over 24.47 million shares (or 10.7547% of all shares), a total value of $86.12 million in shares.

The next largest institutional holding, with 10.78 million shares, is of JUPITER ASSET MANAGEMENT LTD’s that is approximately 4.7389% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $37.9 million.