The stock price of Endeavour Silver Corp. (NYSE: EXK) has jumped by 5.69 compared to previous close of 2.11. Despite this, the company has seen a gain of 6.19% in its stock price over the last five trading days. Kitco reported 2023-11-07 that (Kitco News) – Commenting on the quarterly results, CEO Dan Dickson said that the company’s third quarter was “challenging” on a number of fronts.
Is It Worth Investing in Endeavour Silver Corp. (NYSE: EXK) Right Now?
Endeavour Silver Corp. (NYSE: EXK) has a price-to-earnings ratio of 38.45x that is above its average ratio. Additionally, the 36-month beta value for EXK is 1.47. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for EXK is $4.57, which is $2.34 above the current price. The public float for EXK is 197.62M and currently, short sellers hold a 3.86% ratio of that float. The average trading volume of EXK on November 21, 2023 was 2.40M shares.
EXK’s Market Performance
EXK’s stock has seen a 6.19% increase for the week, with a -5.91% drop in the past month and a -25.17% fall in the past quarter. The volatility ratio for the week is 4.92%, and the volatility levels for the past 30 days are at 5.83% for Endeavour Silver Corp. The simple moving average for the past 20 days is 4.99% for EXK’s stock, with a -26.96% simple moving average for the past 200 days.
EXK Trading at -4.18% from the 50-Day Moving Average
After a stumble in the market that brought EXK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.99% of loss for the given period.
Volatility was left at 5.83%, however, over the last 30 days, the volatility rate increased by 4.92%, as shares sank -5.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.65% lower at present.
During the last 5 trading sessions, EXK rose by +5.24%, which changed the moving average for the period of 200-days by -31.79% in comparison to the 20-day moving average, which settled at $2.12. In addition, Endeavour Silver Corp. saw -31.17% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EXK
Current profitability levels for the company are sitting at:
- +11.56 for the present operating margin
- +16.21 for the gross margin
The net margin for Endeavour Silver Corp. stands at +2.95. The total capital return value is set at 8.28, while invested capital returns managed to touch 2.15. Equity return is now at value 3.39, with 2.74 for asset returns.
Based on Endeavour Silver Corp. (EXK), the company’s capital structure generated 4.93 points at debt to equity in total, while total debt to capital is 4.70. Total debt to assets is 3.90, with long-term debt to equity ratio resting at 2.94. Finally, the long-term debt to capital ratio is 2.80.
When we switch over and look at the enterprise to sales, we see a ratio of 1.48, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 12.70 and the total asset turnover is 0.60. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.77.
In conclusion, Endeavour Silver Corp. (EXK) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.