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Last Week, Endeavour Silver Corp. (EXK) Recorded A Gain Of $50.68

As of Wednesday close, Endeavour Silver Corp.’s (NYSE:EXK) stock was down -$0.22, moving down -6.43 percent to $3.20. The average number of shares traded…

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This article was originally published by Fosters Leader

As of Wednesday close, Endeavour Silver Corp.’s (NYSE:EXK) stock was down -$0.22, moving down -6.43 percent to $3.20. The average number of shares traded per day over the past five days has been 2,119,240 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.39 fall in that time frame. In the last twenty days, the average volume was 2,375,240, while in the previous 50 days, it was 2,493,522.

Since last month, EXK stock retreated -4.19%. Shares of the company fell to $3.00 on 07/25/22, the lowest level in the past month. A 52-week high of $5.95 was reached on 04/18/22 after having rallying from a 52-week low of $2.89. Since the beginning of this year, EXK’s stock price has dropped by -24.17% or -$1.02, and marked a new high 13 times. However, the stock has declined by -46.22% since its 52-week high.

Valuation Metrics

The stock’s beta is 1.40. Besides these, the trailing price-to-sales (P/S) ratio of 3.42, the price-to-book (PB) ratio of 2.05.

Financial Health

In the three months ended June 29, Endeavour Silver Corp.’s quick ratio stood at 4.10, while its current ratio was 5.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.03, and the total debt-to-equity ratio was 0.05. On the profitability front, the trailing twelve-month gross margin is 26.40% percent. In the year ended June 29, operating margins totaled 10.70%. Based on annual data, EXK earned $75.72 million in gross profit and brought in $165.32 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.60%. Return on equity (ROE) for the past 12 months was -2.00%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. EXK’s revenue fell -23.65% during the quarter, while net income inched up to $121.72 million. While analysts expected Endeavour Silver Corp. to report $0.03 quarterly earnings, the actual figure was -$0.07 per share, beating the consensus estimate by -333.30%. During the quarter, the company generated $2.98 million in EBITDA. The liabilities of Endeavour Silver Corp. were 61.0 million at the end of its most recent quarter ended June 29, and its total debt was $13.5 million.

Technical Picture

This quick technical analysis looks at Endeavour Silver Corp.’s (EXK) price momentum. With a historical volatility rate of 48.45%, the RSI 9-day stood at 35.52% on 17 August.

With respect to its five-day moving average, the current Endeavour Silver Corp. price is down by -10.86% percent or -$0.39. At present, EXK shares trade -1.23% below its 20-day simple moving average and -35.74% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.10% below its SMA50 and -36.63% below its SMA200.

Stochastic coefficient K was 21.48% and Stochastic coefficient D was 37.02%, while ATR was 0.19. Given the Stochastic reading of 1.52% for the 14-day period, the RSI (14) reading has been calculated as 41.42%. As of today, the MACD Oscillator reading stands at -0.16, while the 14-day reading stands at -0.19.

Analyst Ratings

Endeavour Silver Corp. (EXK) has been rated Overweight by analysts. According to 0 brokerage firms, EXK is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Endeavour Silver Corp. stock as buy, with 4 recommending it as overweight.

With a median target price of $5.25, the current consensus forecast for the stock is $3.30 – $8.00. Based on these forecasts, analysts predict Endeavour Silver Corp. (EXK) will achieve an average price target of $5.26.

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