With 217.25M Outstanding Shares, Can Endeavour Silver Corp. (NYSE: EXK) Deliver Big Short-Term Gains?

Endeavour Silver Corp. (NYSE:EXK) currently has a daily average trading volume of 4.54M but it saw 9224204 shares traded in last market. With a market cap of 539.16M USD, the company’s current market price of $2.70 came falling about -3.23 while comparing to the previous closing price of $2.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.55 and as low as $1.42.

Taking a look at 20-day trading activity of Endeavour Silver Corp. (EXK) gives us an average price of $2.24, while its current price level is -40.66% below from 52-week high level whereas it is 90.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.84 while that of 200 days or SMA-200 reads an average of $2.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.25% during that period while stretching the period over a month that decreases to 7.14%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 73.92 which implies that the stock is in overbought territory.

Over the week, EXK’s stock price is moving 17.90% up while it is 56.98% when we observe its performance for the past one month. Year-to-date it is 37.06% up and over the past year, the stock is showing a downside performance of -31.82%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.01 beaten by the consensus estimate of $0.02 for the same. For EXK, analysts are forecasting an EPS-growth rate of 433.30% for current year and estimate for EPS growth in next year is 93.80%. In next quarter, company is expected to be making quarterly sales of $55.22 million as analysts are expecting the sales for current fiscal year at $227.89 million and seeing the company making $330.47 million in sales next year. Moreover, analysts are in estimates of $54.89 million for current-quarter revenue.

Currently, Endeavour Silver Corp.’s total number of outstanding shares is 217.25M with 0.60% of that held by the insiders while 32.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.56% and return on equity (ROE) at 1.74%. It has a price to earnings ratio (P/E ratio) of 87.95 while having a 8.84 of forward P/E ratio. Stock’s beta reads 1.70. Stock has a price to book (P/B) ratio of 1.52 while price to sale or P/S ratio amounts to 2.62. Its return on asset (ROA) is 1.40% on average.