Can Endeavour Silver Corp. (EXK) stock recover despite sales dropping?

The price of Endeavour Silver Corp. (NYSE:EXK) shares last traded on Wall Street fell -5.91% to $1.91.

Based on available information, 5 analysts follow Endeavour Silver Corp. (NYSE:EXK). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $7.25 and a low of $2.75, we find $3.64. Given the previous closing price of $2.03, this indicates a potential upside of 79.31 percent. EXK stock price is now -13.70% away from the 50-day moving average and -35.96% away from the 200-day moving average. The market capitalization of the company currently stands at $381.41M.

Among analysts, 2 rate the stock a hold while 3 rate it a buy. Brokers who have rated the stock have averaged $4.58 as their price target over the next twelve months.

A total of 1.04% of the company’s stock is owned by insiders.

A candlestick chart of Endeavour Silver Corp. (NYSE: EXK) showed a price of $2.0400 on Tuesday morning. During the past 12 months, Endeavour Silver Corp. has had a low of $1.83 and a high of $4.55. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.37, and a quick ratio of 1.87. The fifty day moving average price for EXK is $2.2132 and a two-hundred day moving average price translates $2.9825 for the stock.

The latest earnings results from Endeavour Silver Corp. (NYSE: EXK) was released for Sep, 2023. According to the Other Precious Metals & Mining Company, earnings per share came in at -$0.01, missing analysts’ expectations of $0.02 by -0.03. This compares to -$0.01 EPS in the same period last year. The net profit margin was 4.65% and return on equity was 3.39% for EXK. The company reported revenue of $49.43 million for the quarter, compared to $39.65 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.67 percent. For the current quarter, analysts expect EXK to generate $54.51M in revenue.

Endeavour Silver Corp.(EXK) Company Profile

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp. and changed its name to Endeavour Silver Corp. in September 2004. Endeavour Silver Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada.

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