why Endeavour Silver Corp [EXK] is a Good Choice for Investors After New Price Target of $5.61

Endeavour Silver Corp [NYSE: EXK] gained 3.83% on the last trading session, reaching $4.07 price per share at the time.

If compared to the average trading volume of 7.35M shares, EXK reached a trading volume of 9706721 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 $5.61 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.

TD Securities have made an estimate for Endeavour Silver Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 29, 2024. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Outperform. The new note on the price target was released on June 17, 2024, representing the official price target for Endeavour Silver Corp stock.

The Average True Range (ATR) for Endeavour Silver Corp is set at 0.23, with the Price to Sales ratio for EXK stock in the period of the last 12 months amounting to 4.46. The Price to Book ratio for the last quarter was 2.42, with the Price to Cash per share for the same quarter was set at 0.23.

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 3.04. With this latest performance, EXK shares gained by 15.30% in over the last four-week period, additionally plugging by 30.03% over the last 6 months – not to mention a rise of 159.24% 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 57.00, with the RSI for the last a single of trading hit 60.12, and the three-weeks RSI is set at 54.20 for Endeavour Silver Corp [EXK]. The present Moving Average for the last 50 days of trading for this stock 3.86, while it was recorded at 4.06 for the last single week of trading, and 3.87 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 1.07 and a Current Ratio set at 1.39.

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

There are presently around $36.75%, or 36.82%% 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%.