Endeavour Silver Corp. (NYSE:EXK) finished Wednesday with a subtraction of $0.0 to close at $2.35, a downside of 0.00 percent. An average of 2,273,380 shares of common stock have been traded in the last five days. There was a fall of -$0.24 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 1,903,840 shares traded, while the 50-day average volume stands at 1,893,222.
EXK stock has decreased by -20.34% in the last month. The company shares reached their 1-month lowest point of $2.30 on 09/27/23. With the stock rallying to its 52-week high on 04/13/23, shares of the company touched a low of $2.35 and a high of $4.55 in 52 weeks. It has reached a new high 19 times so far this year and lost -27.47% or -$0.89 in price. In spite of this, the price is down -48.35% from the 52-week high.
Valuation Metrics
Endeavour Silver Corp. (EXK) has a trailing price-to-earnings (P/E) ratio of 37.90. The stock’s beta is 1.54. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.98, the price-to-book (PB) ratio at 1.39.
Financial Health
The quick ratio of Endeavour Silver Corp. for the three months ended June 29 was 1.98, and the current ratio was 2.62, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.02 and a total debt to equity ratio of 0.04 for the quarter ending June 29. Endeavour Silver Corp.’s EBITDA margin for the year ending June 29 is 24.16%, while its operating margin for the same period stands at 10.92%. Its gross profit as reported stood at $96.28 million compared to revenue of $210.16 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 3.17%.
Earnings Surprise
In the quarter under review, the net income was down 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 $0.02 per share, but it turned out to be -$0.01, a -150.00% surprise. For the quarter, EBITDA amounted to $12.36 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 27 September was 20.30%, suggesting the stock is oversold, with historical volatility in this time frame at 33.15%.
As of today, EXK’s price is $2.44 -9.27% or -$0.24 from its 5-day moving average. EXK is currently trading -21.14% lower than its 20-day SMA and -44.05% lower than its 100-day SMA. However, the stock’s current price level is -38.80% below the SMA50 and -30.47% below the SMA200.
The stochastic %K and %D were 11.06% and 9.76%, respectively, and the average true range (ATR) was 0.10. With the 14-day stochastic at 10.42% and the average true range at 0.10, the RSI (14) stands at 26.35%. The stock has reached -0.13 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 2 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 $3.70 and $7.75, with a median target of $5.06. Taking a look at these predictions, the average price target given by analysts for Endeavour Silver Corp. (EXK) stock is $5.39.
