Could Endeavour Silver Corp (NYSE: EXK) Be The Biggest Winner?

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In the latest trading session, 2.05 million Endeavour Silver Corp (NYSE:EXK) shares changed hands as the company’s beta touched 1.62. With the company’s most recent per share price at $4.30 changing hands around $0.21 or 5.14% at last look, the market valuation stands at $1.06B. EXK’s current price is a discount, trading about -31.86% off its 52-week high of $5.67. The share price had its 52-week low at $1.42, which suggests the last value was 66.98% up since then. When we look at Endeavour Silver Corp’s average trading volume, we note the 10-day average is 5.46 million shares, with the 3-month average coming to 5.84 million.

Analysts gave the Endeavour Silver Corp (EXK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.29. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended EXK as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Endeavour Silver Corp’s EPS for the current quarter is expected to be -0.01.

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Endeavour Silver Corp (NYSE:EXK) trade information

Instantly EXK is in green as seen in intraday trades today. With action 1.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 118.29%, with the 5-day performance at 1.42% in the green. However, in the 30-day time frame, Endeavour Silver Corp (NYSE:EXK) is -11.70% down. Looking at the short shares, we see there were 13.14 million shares sold at short interest cover period of 2.26 days.

The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 28.33% from its recent market value. According to analyst projections, EXK’s forecast low is 5.25 with 7.25 as the target high. To hit the forecast high, the stock’s price needs a -68.6% plunge from its current level, while the stock would need to soar -22.09% for it to hit the projected low.

Endeavour Silver Corp (EXK) estimates and forecasts

Data shows that the Endeavour Silver Corp share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 18.14% over the past 6 months, a -1,500.00% in annual growth rate that is considerably lower than the industry average of 35.60%. Year-over-year growth is forecast to reach 12.11% up from the last financial year.

Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 69.65M. The company’s revenue for the corresponding quarters a year ago was 68.04M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2.36%.

The 2024 estimates are for Endeavour Silver Corp earnings to decrease by -833.33%.

EXK Dividends

Endeavour Silver Corp is expected to release its next quarterly earnings report in January.

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

If we look at who the major shareholders are, we find that insiders hold 0.16% of Endeavour Silver Corp shares while 40.25% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 40.32%. There are 40.25% institutions holding the Endeavour Silver Corp stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 10.7547% of the shares, roughly 24.47 million EXK shares worth $86.12 million.

JUPITER ASSET MANAGEMENT LTD holds the second largest percentage of outstanding shares, with 4.7389% or 10.78 million shares worth $37.9 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were VanEck ETF Trust-VanEck Junior Gold Miners ETF and VanEck ETF Trust-VanEck Gold Miners ETF. With 11.73 shares estimated at $50.81 million under it, the former controlled 4.77% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Gold Miners ETF held about 4.58% of the shares, roughly 11.26 shares worth around $48.76 million.