Should Investors Trust The Upside Potential In Endeavour Silver Corp (EXK)?

Endeavour Silver Corp (NYSE:EXK) currently has a daily average trading volume of 5.96M but it saw 6571053 shares traded in last market. With a market cap of 1.01B USD, the company’s current market price of $4.10 came falling about -5.96 while comparing to the previous closing price of $4.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.67 and as low as $1.42. In the recent trading on the day, stock has struck highest price mark of $4.08 while lowest mark touched by it was $4.24.

Taking a look at 20-day trading activity of Endeavour Silver Corp (EXK) gives us an average price of $4.38, while its current price level is -27.69% below from 52-week high level whereas it is 188.73% 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 $4.59 while that of 200 days or SMA-200 reads an average of $3.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.77% during that period while stretching the period over a month that decreases to 4.72%. 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 41.25 which implies that the stock is in neutral territory.

Over the week, EXK’s stock price is moving -1.91% down while it is -9.29% when we observe its performance for the past one month. Year-to-date it is 108.12% up and over the past year, the stock is showing an upside performance of 114.66%.

Currently, Endeavour Silver Corp’s total number of outstanding shares is 246.03M. Company’s return on investment (ROI) stands at -5.95% and return on equity (ROE) at -7.77%. It has a 11.88 of forward P/E ratio. Stock’s beta reads 1.62. Stock has a price to book (P/B) ratio of 2.44 while price to sale or P/S ratio amounts to 4.50. Its return on asset (ROA) is -5.64% on average.