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.
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.
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.
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.