Endeavour Silver Corp. [EXK] Stock trading around $3.72 per share: What’s Next?

Endeavour Silver Corp. [NYSE: EXK] loss -4.12% or -0.16 points to close at $3.72 with a heavy trading volume of 22655395 shares.

The daily chart for EXK points out that the company has recorded 79.71% gains over the past six months.

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If we look at the average trading volume of 6.51M shares, EXK reached to a volume of 22655395 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Endeavour Silver Corp. [EXK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXK shares is $4.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXK stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BMO Capital Markets have made an estimate for Endeavour Silver Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 17, 2024. The new note on the price target was released on January 09, 2024, representing the official price target for Endeavour Silver Corp. stock.

The Average True Range (ATR) for Endeavour Silver Corp. is set at 0.21, with the Price to Sales ratio for EXK stock in the period of the last 12 months amounting to 4.19. The Price to Book ratio for the last quarter was 2.10, with the Price to Cash per share for the same quarter was set at 0.15.

Trading performance analysis for EXK stock

Endeavour Silver Corp. [EXK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.68. With this latest performance, EXK shares dropped by -5.58% in over the last four-week period, additionally plugging by 79.71% over the last 6 months – not to mention a rise of 32.86% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EXK stock in for the last two-week period is set at 53.92, with the RSI for the last a single of trading hit 51.52, and the three-weeks RSI is set at 56.07 for Endeavour Silver Corp. [EXK]. The present Moving Average for the last 50 days of trading for this stock 3.30, while it was recorded at 3.72 for the last single week of trading, and 2.39 for the last 200 days.

Endeavour Silver Corp. [EXK]: A deeper dive into fundamental analysis

Endeavour Silver Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.63 and a Current Ratio set at 2.02.

An analysis of Institutional ownership at Endeavour Silver Corp. [EXK]

The top three institutional holders of EXK stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in EXK stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in EXK stock with ownership which is approximately 5.8386%.