Analysis Of The Weekly Performance Of Endeavour Silver Corp. (EXK)

Endeavour Silver Corp. (NYSE:EXK) traded with a subtraction of -$0.12 to $3.46 on Friday, a downside of -3.21 percent. An average of 2,772,388 shares of common stock have been traded in the last five days. There was a fall of -$0.53 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 2,969,032 shares traded, while the 50-day average volume stands at 3,684,043.

EXK stock has decreased by -1.65% in the last month. The company shares reached their 1-month lowest point of $3.35 on 06/14/22. With the stock rallying to its 52-week high on 04/18/22, shares of the company touched a low of $3.06 and a high of $6.84 in 52 weeks. It has reached a new high 13 times so far this year and lost -15.17% or -$0.78 in price. In spite of this, the price is down -49.34% from the 52-week high.

Valuation Metrics

Endeavour Silver Corp. (EXK) has a trailing price-to-earnings (P/E) ratio of 44.75. The stock’s beta is 1.39. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.16, the price-to-book (PB) ratio at 2.11.

Financial Health

The quick ratio of Endeavour Silver Corp. for the three months ended March 30 was 4.50, and the current ratio was 5.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.03 and a total debt to equity ratio of 0.05 for the quarter ending March 30. Its gross profit as reported stood at $75.72 million compared to revenue of $165.32 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Endeavour Silver Corp.’s return on assets was 4.40%.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$48.07 million in the quarter, while revenues were grew 74.12%. The analyst consensus anticipated Endeavour Silver Corp.’s latest quarter earnings to come in at $0.05 per share, but it turned out to be $0.07, a 40.00% surprise. For the quarter, EBITDA amounted to $19.03 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Endeavour Silver Corp. (EXK) price momentum. RSI 9-day as of the close on 16 June was 41.67%, suggesting the stock is Neutral, with historical volatility in this time frame at 86.62%.

As of today, EXK’s price is $3.51 -13.35% or -$0.53 from its 5-day moving average. EXK is currently trading -7.03% lower than its 20-day SMA and -14.43% lower than its 100-day SMA. However, the stock’s current price level is -23.89% below the SMA50 and -27.27% below the SMA200.

The stochastic %K and %D were 23.29% and 21.01%, respectively, and the average true range (ATR) was 0.26. With the 14-day stochastic at 10.84% and the average true range at 0.27, the RSI (14) stands at 43.41%. The stock has reached -0.11 on the 9-day MACD Oscillator while the 14-day reading was at -0.15.

Analyst Ratings

The consensus rating for Endeavour Silver Corp. (EXK) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell EXK, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

What is EXK’s price target for the next 12 months?

Analysts predict a range of price targets between $4.10 and $8.50, with a median target of $5.88. Taking a look at these predictions, the average price target given by analysts for Endeavour Silver Corp. (EXK) stock is $5.98.

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