Endeavour Silver Corp (NYSE: EXK) Shares Might Go Up 159.24% This Year

In the last trading session, 9.71 million shares of the Endeavour Silver Corp (NYSE:EXK) were traded, and its beta was 1.55. Most recently the company’s share price was $4.07, and it changed around $0.15 or 3.83% from the last close, which brings the market valuation of the company to $1.00B. EXK currently trades at a discount to its 52-week high of $5.67, offering almost -39.31% off that amount. The share price’s 52-week low was $1.42, which indicates that the current value has risen by an impressive 65.11% since then. We note from Endeavour Silver Corp’s average daily trading volume that its 10-day average is 10.62 million shares, with the 3-month average coming to 7.35 million.

Endeavour Silver Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.29. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended EXK as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Endeavour Silver Corp is expected to report earnings per share of -0.01 for the current quarter.

Endeavour Silver Corp (NYSE:EXK) trade information

Instantly EXK has showed a green trend with a performance of 3.83% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.27 on recent trading dayincreased the stock’s daily price by 4.68%. The company’s shares are currently up 11.20% year-to-date, but still up 3.04% over the last five days. On the other hand, Endeavour Silver Corp (NYSE:EXK) is 15.30% up in the 30-day period. We can see from the shorts that 10.68 million shares have been sold at a short interest cover period of 1.46 day(s).

The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 41.86% from its current value. Analyst projections state that EXK is forecast to be at a low of $7 and a high of $7.

Endeavour Silver Corp (EXK) estimates and forecasts

The year-over-year growth rate is expected to be 13.82%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 69.9M in revenue for the current quarter. 1 analysts expect Endeavour Silver Corp to make 83.05M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 68.04M and 87.17M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.74%. Forecasts for the next quarter put sales growth at -4.72%.

EXK Dividends

Endeavour Silver Corp’s next quarterly earnings report is expected to be released in March.

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

Upon looking at major shareholders, it appears that insiders hold 0.20% of Endeavour Silver Corp shares, and 36.75% of them are in the hands of institutional investors. The stock currently has a share float of 36.82%. Endeavour Silver Corp stock is held by 186.0 institutions, with VAN ECK ASSOCIATES CORP being the largest institutional investor. By 2024-06-30, it held 10.7547% of the shares, which is about 24.47 million shares worth $86.12 million.

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