A Business Review Of Endeavour Silver Corp (NYSE: EXK) And Growth Forecast

ZM Stock

In today’s recent session, 2.34 million shares of the Endeavour Silver Corp (NYSE:EXK) have been traded, and its beta is 1.50. Most recently the company’s share price was $4.74, and it changed around $0.09 or 1.83% from the last close, which brings the market valuation of the company to $1.24B. EXK at last check was trading at a discount to its 52-week high of $5.67, offering almost -19.62% off that amount. The share price’s 52-week low was $2.12, which indicates that the recent value has risen by an impressive 55.27% since then. We note from Endeavour Silver Corp’s average daily trading volume that its 10-day average is 11.02 million shares, with the 3-month average coming to 9.30 million.

Endeavour Silver Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.38. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 3 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 been showing a green trend so far today with a performance of 1.83% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.02 on recent trading dayincreased the stock’s daily price by 5.58%. The company’s shares are currently up 29.37% year-to-date, but still down -3.76% over the last five days. On the other hand, Endeavour Silver Corp (NYSE:EXK) is 23.63% up in the 30-day period. We can see from the shorts that 14.37 million shares have been sold at a short interest cover period of 1.39 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 32.29% 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 50.27%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 82.08M in revenue for the current quarter. 2 analysts expect Endeavour Silver Corp to make 97.86M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 87.17M and 80.53M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -5.84%. Forecasts for the next quarter put sales growth at 21.52%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 18.21%. Endeavour Silver Corp earnings are expected to increase by 490.42% in 2025, but the outlook is positive 106.28% per year for the next five years.

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

Upon looking at major shareholders, it appears that insiders hold 0.16% of Endeavour Silver Corp shares, and 44.73% of them are in the hands of institutional investors. The stock currently has a share float of 44.81%. Endeavour Silver Corp stock is held by 205.0 institutions, with VAN ECK ASSOCIATES CORP being the largest institutional investor. By 2024-06-30, it held 10.073% of the shares, which is about 24.47 million shares worth $86.12 million.

JUPITER ASSET MANAGEMENT LTD, with 4.4385% or 10.78 million shares worth $37.9 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Amplify Junior Silver Miners ETF and VanEck Gold Miners ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 11.18 shares worth $52.43 million, making up 4.26% of all outstanding shares. On the other hand, VanEck Gold Miners ETF held roughly 9.15 shares worth around $42.92 million, which represents about 3.49% of the total shares outstanding.