Experts predict Endeavour Silver Corp.’s (EXK) current quarter earnings growth rate

In the current trading session, Endeavour Silver Corp.’s (EXK) stock is trading at the price of $1.68, a gain of 0.67% over last night’s close. So, the stock is trading at a price that is -63.05% less than its 52-week high of $4.55 and 18.39% better than its 52-week low of $1.42. Based on the past 30-day period, the stock price is -4.55% below the high and +18.31% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, EXK’s SMA-200 is $2.4415.

It is also essential to consider EXK stock ratios like the price-to-sales ratio, which is 1.42 for the last year.EXK’s price to book ratio for the most recent quarter was 0.97, resulting in an 7.12 price to cash per share for the period.

How does Endeavour Silver Corp. (EXK) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 4 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.50 in simple terms.

Endeavour Silver Corp. (EXK): Earnings History

If we examine Endeavour Silver Corp.’s recent earnings history, in the last quarter ended on 9/29/2023, it posted adjusted earnings per share of -$0.01, beating the consensus of $0.02. In other words, it topped the consensus by -$0.03, resulting in a -150.00% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2023, the stock recorded adjusted earnings per share of -$0.01 in contrast with the Outlook of $0.02. That was a difference of -$0.03 and a surprise of -150.00%.

Endeavour Silver Corp. (NYSE: EXK) Ownership Details

I will give a breakdown of the key shareholders in Endeavour Silver Corp. (EXK). Recent figures show that the company’s insiders hold 0.64% of shares. A total of 165 institutional investors hold shares in the company, making 33.21% of its stock and 33.42% of its float.

Jun 29, 2023, it was reported that the Company’s largest institutional holder is Van Eck Associates Corporation holding total of 19.7 million shares that make 9.89% of the company’s total number of shares and are currently priced at 56.92 million.

The securities firm ETF Managers Group, LLC holds 5.45 million shares of EXK, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 2.74%, and the holding percentage of shares is valued at 21.15 million.

An overview of Endeavour Silver Corp.’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Endeavour Silver Corp. (EXK) traded 3,122,308 shares per day, with a moving average of $1.5320 and price change of +0.0600. With the moving average of $1.6928 and a price change of -0.3900, about 3,335,209 shares changed hands on average over the past 50 days. Finally, EXK’s 100-day average volume is 3,690,368 shares, alongside a moving average of $1.9339 and a price change of -0.7800.

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