Endeavour Silver Corp. (NYSE: EXK) stock fell -1.84% on Friday to $2.13 against a previous-day closing price of $2.17. With 2.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.38 million shares. During the session, the Other Precious Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $2.2100 whereas the lowest price it dropped to was $2.1100. The 52-week range on EXK shows that it touched its highest point at $4.55 and its lowest point at $1.83 during that stretch. It currently has a 1-year price target of $4.57. Beta for the stock currently stands at 1.49.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EXK was up-trending over the past week, with a rise of 10.36%, but this was down by -13.77% over a month. Three-month performance dropped to -24.73% while six-month performance fell -34.26%. The stock lost -36.42% in the past year, while it has lost -34.26% so far this year. A look at the trailing 12-month EPS for EXK yields 0.06 with Next year EPS estimates of 0.07. For the next quarter, that number is 0.01. This implies an EPS growth rate of -75.00% for this year and 625.00% for next year.
Float and Shares Shorts:
At present, 199.69 million EXK shares are outstanding with a float of 197.62 million shares on hand for trading. On Oct 30, 2023, short shares totaled 7.63 million, which was 3.82% higher than short shares on Sep 28, 2023. In addition to Mr. Daniel W. Dickson B.Com., B.Comm, C.A. as the firm’s CEO & Director, Ms. Christine West CGA serves as its CFO & Director.
Institutional Ownership:
Through their ownership of 33.84% of EXK’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 5.11% of EXK, in contrast to 24.51% held by mutual funds. As the largest shareholder in EXK with 9.85% of the stake, Van Eck Associates Corp. holds 19,663,544 shares worth 19,663,544. A second-largest stockholder of EXK, Jupiter Asset Management Ltd., holds 5,728,758 shares, controlling over 2.87% of the firm’s shares. ETF Managers Group LLC is the third largest shareholder in EXK, holding 5,450,585 shares or 2.73% stake. With a 5.18% stake in EXK, the VanEck Gold Miners ETF is the largest stakeholder. A total of 10,349,948 shares are owned by the mutual fund manager. The VanEck Junior Gold Miners ETF, which owns about 4.00% of EXK stock, is the second-largest Mutual Fund holder. It holds 7,994,480 shares valued at 17.11 million. ETFMG Prime Junior Silver ETF holds 2.80% of the stake in EXK, owning 5,589,936 shares worth 11.96 million.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EXK since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With EXK analysts setting a high price target of $7.25 and a low target of $2.73, the average target price over the next 12 months is $4.57. Based on these targets, EXK could surge 240.38% to reach the target high and rise by 28.17% to reach the target low. Reaching the average price target will result in a growth of 114.55% from current levels.
