The Week Ahead: Are Investors Really Too Optimistic About Endeavour Silver Corp (NYSE: EXK)

Endeavour Silver Corp (NYSE:EXK) currently has a daily average trading volume of 6.77M but it saw 10661514 shares traded in last market. With a market cap of 917.99M USD, the company’s current market price of $3.73 came rising about 3.32 while comparing to the previous closing price of $3.61. 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 $3.6013 while lowest mark touched by it was $3.7552.

Taking a look at 20-day trading activity of Endeavour Silver Corp (EXK) gives us an average price of $3.63, while its current price level is -34.22% below from 52-week high level whereas it is 162.68% 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 $3.96 while that of 200 days or SMA-200 reads an average of $3.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.40% during that period while stretching the period over a month that increases to 5.80%. 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 50.59 which implies that the stock is in neutral territory.

Over the week, EXK’s stock price is moving 4.48% up while it is -0.27% when we observe its performance for the past one month. Year-to-date it is 1.91% up and over the past year, the stock is showing an upside performance of 131.68%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.01 while estimate for next year EPS is -0.06. In next quarter, company is expected to be making quarterly sales of $83.05M as analysts are expecting the sales for current fiscal year at $315.77M and seeing the company making $486.97M in sales next year. Moreover, analysts are in estimates of $69.9M for current-quarter revenue.

Currently, Endeavour Silver Corp’s total number of outstanding shares is 246.03M with 0.16% of that held by the insiders while 37.67% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.95% and return on equity (ROE) at -7.77%. It has a 14.82 of forward P/E ratio. Stock’s beta reads 1.62. Stock has a price to book (P/B) ratio of 2.22 while price to sale or P/S ratio amounts to 4.09. Its return on asset (ROA) is -5.64% on average.