Endeavour Silver Corp. (EXK): Why You Should Keep An Eye On It

The stock of Endeavour Silver Corp. (NYSE:EXK) decreased by -$0.04 on Monday to $4.14, down -0.96 percent. The last five days have seen an average of 3,458,639 shares of common stock traded. 16 times new highs were reached in the current year, with a gain of $0.89. The average number of shares traded over the last 20 days was 3,313,755, while the average volume over the last 50 days totaled 2,493,618.

EXK stock appreciated 48.39% since last month. On 03/13/23, the company’s shares reached a one-month low of $2.98. The stock touched a high of $5.78 on 04/06/23, after rallying from a low of $2.47 in 52 weeks. The price of EXK stock has risen by 27.78% or $0.89 this year, reaching a new high 16 times. Still, the stock price is down -28.37% from the 52-week high.

Valuation Metrics

Endeavour Silver Corp. (EXK) has a trailing price-to-earnings (P/E) ratio of 126.67. Beta for the stock is 1.45. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.63, the price-to-book (PB) ratio of 2.52.

Financial Health

For the three months ended December 30, Endeavour Silver Corp.’s quick ratio was 2.40, while its current ratio was 2.80, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending December 30 is 0.03, and the total debt to equity ratio is 0.05. As far as profitability goes, gross margin for the trailing twelve months is 24.50% percent. Endeavour Silver Corp.’s EBITDA margin for the year ended December 30 was 24.16%, whereas its operating margin stood at 11.10% for the same period. Based on annual data, it had gross profit of $96.28 million and revenue of $210.16 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. EXK’s return on assets (ROA) during the last 12 months has been 1.70%. There was a 1.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 2.10%.

Earnings Surprise

According to Endeavour Silver Corp.’s quarterly financial report for the quarter that ended December 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $121.72 million, while revenues fell by -23.65% to $0.0. It was predicted that Endeavour Silver Corp.’s quarterly earnings would be $0.04, but it ended up being $0.07, beating the consensus by -42.90%. EBITDA was $22.82 million for the quarter. At the end of Endeavour Silver Corp.’s most recent quarter ended December 30, its liabilities totaled 83.54 million, while its total debt was $15.58 million.

Technical Picture

Here’s a quick look at Endeavour Silver Corp.’s (EXK) price momentum from a technical perspective. As of 06 April, the RSI 9-day stood at 76.15%, suggesting the stock is Overbought, with a 35.49% historical volatility rate.

The stochastic %K and %D were 96.14% and 94.09% respectively, while the average true range (ATR) was 0.18. Based on the 14-day stochastic reading of 92.63%, the RSI (14) reading is 73.05%. On the 9-day MACD Oscillator, the stock is at 0.17, and the 14-day reading is at 0.36.

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