Endeavour Silver Corp (NYSE: EXK): A Good Investment At Current Prices?

Endeavour Silver Corp (NYSE:EXK)’s traded shares stood at 7.91 million during the last session, with the company’s beta value hitting 1.66. At the close of trading, the stock’s price was $4.76, to imply an increase of 6.01% or $0.27 in intraday trading. The EXK share’s 52-week high remains $5.67, putting it -19.12% down since that peak but still an impressive 70.17% since price per share fell to its 52-week low of $1.42. The company has a valuation of $1.64B, with an average of 6.42 million shares in intraday trading volume over the past 10 days and average of 5.43 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Endeavour Silver Corp (EXK), translating to a mean rating of 1.29. Of 2 analyst(s) looking at the stock, 0 analyst(s) give EXK a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.01.

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Endeavour Silver Corp (NYSE:EXK) trade information

After registering a 6.01% upside in the last session, Endeavour Silver Corp (EXK) has traded red over the past five days. The 5-day price performance for the stock is -0.83%, and 9.68% over 30 days. With these gigs, the year-to-date price performance is 141.62%. Short interest in Endeavour Silver Corp (NYSE:EXK) saw shorts transact 14.42 million shares and set a 2.26 days time to cover.

The extremes give us $5.25 and $7.25 for target low and target high price respectively. As such, EXK has been trading -52.31% off suggested target high and -10.29% from its likely low.

Endeavour Silver Corp (EXK) estimates and forecasts

Looking at statistics comparing Endeavour Silver Corp share performance against respective industry, we note that the company has underperformed competitors. Endeavour Silver Corp (EXK) shares are 36.00% up over the last 6 months, with its year-to-date growth rate lower than industry average at -900.00% against 37.60%. The rating firms project that company’s revenue will grow 83.55% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 73.25M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 308.27M.Earnings reports from the last fiscal year show that sales brought in 68.04M and 276.83M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 7.66% before jumping 11.36% in the following quarter.

EXK Dividends

Endeavour Silver Corp has its next earnings report out in December. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Endeavour Silver Corp insiders hold 0.17% of total outstanding shares, with institutional holders owning 42.89% of the shares at 42.96% float percentage. In total, 42.89% institutions holds shares in the company, led by VAN ECK ASSOCIATES CORP. As of 2024-06-30, the company held over 24.47 million shares (or 10.7547% of shares), all amounting to roughly $86.12 million.

The next major institution holding the largest number of shares is JUPITER ASSET MANAGEMENT LTD with 10.78 million shares, or about 4.7389% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $37.9 million.