Market cap of Endeavour Silver Corp [EXK] reaches 1.61B – now what?

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Endeavour Silver Corp [NYSE: EXK] stock went on a downward path that fall over -1.26% on Friday, amounting to a one-week price increase of more than 1.08%.

Over the last 12 months, EXK stock rose by 124.88%. The one-year Endeavour Silver Corp stock forecast points to a potential upside of 21.4. The average equity rating for EXK stock is currently 1.29, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $1.61 billion, with 217.25 million shares outstanding and 203.36 million shares in the current float. Compared to the average trading volume of 5.49M shares, EXK stock reached a trading volume of 13633472 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $5.98 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 1.29. 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 0.32, with the Price to Sales ratio for EXK stock in the period of the last 12 months amounting to 7.17. The Price to Book ratio for the last quarter was 2.80, with the Price to Cash per share for the same quarter was set at 0.16.

EXK Stock Performance Analysis:

Endeavour Silver Corp [EXK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.08. With this latest performance, EXK shares gained by 10.59% in over the last four-week period, additionally plugging by 21.45% over the last 6 months – not to mention a rise of 124.88% 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 50.75, with the RSI for the last a single of trading hit 48.33, and the three-weeks RSI is set at 52.87 for Endeavour Silver Corp [EXK]. The present Moving Average for the last 50 days of trading for this stock 4.36, while it was recorded at 4.58 for the last single week of trading, and 3.35 for the last 200 days.

Insight into Endeavour Silver Corp Fundamentals:

Endeavour Silver Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.07 and a Current Ratio set at 1.39.

Endeavour Silver Corp [EXK] Institutonal Ownership Details

There are presently around $42.73%, or 42.80%% of EXK stock, in the hands of institutional investors. The top three institutional holders of EXK stocks are: VAN ECK ASSOCIATES CORP with ownership of 24.47 million shares, which is approximately 10.7547%. JUPITER ASSET MANAGEMENT LTD, holding 10.78 million shares of the stock with an approximate value of $$37.9 million in EXK stocks shares; and JUPITER ASSET MANAGEMENT LTD, currently with $$30.52 million in EXK stock with ownership which is approximately 3.8109%.