EXK stock: buy or sell?
August 22nd, 2019
Endeavour Silver Corp., a mid-tier precious metals mining company, engages in evaluation, acquisition, exploration, development, extraction, processing, refining, and reclamation of silver mining properties in Mexico and Chile.
Should I buy EXK stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Endeavour Silver stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Endeavour Silver stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 4 ratings published for EXK stock in the last month. The general sentiment of these ratings is bullish for EXK stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-1-14||Noble Financial||Market Perform||Outperform|
EXK stock analysis
Shares of Endeavour Silver closed today at $2.45 and stepped up a tiny 0.41%.
Shares of Endeavour Silver closed today at $2.45 and stepped up a tiny 0.41%. For the last 36 days when EXK stock price broke up the SMA200d line, it gained $0.42 (20.69%). EXK shows a short term strength with several rising tops and rising bottoms. In the very short term, on Monday it marked a new bottom at $2.28 that should act a support if Endeavour Silver starts a trading flat base in the range of $2.28 - $2.86 Trading the long side, we should wait to a new breakout over $2.86 to find the next buy point.
After sliding a bloodcurdling -7.88% in a week last week, Endeavour Silver closed this week at $2.45 and grew a nice 1.66%. Early August EXK boosted an amazing 9.23% in just one week.
Since mid July when EXK stock price broke up the SMA40w line, it gained $0.70 (40.00%).
EXK stock price history
EXK IPO was on April 26th, 2006 at $3.98 per share1. Since then, EXK stock declined a -38.40%, with a yearly average of -3.00%.
1: Adjusted price after possible price splits or reverse-splits.
EXK stock historical price chart
EXK stock reached 52-week highs on August/7 at $2.86, and all-time highs 2011-09-21 with a price of 12.73.
EXK stock price target is $3.40Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 4 price forecasts for EXK stock posted in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-19||HC Wainwright||Raises Target||$3.00||$4.25||41.7%|
|2019-1-11||HC Wainwright||Set Price Target||n/a||$3.00||-|
Financials and fundamental analysis
Earnings date and Earnings per Share
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Endeavour Silver ownershipWhen you are planning to invest in shares of a company, it's always worth to have a look its ownership structure.
Endeavour Silver shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
Bearish positions for EXK stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Endeavour Silver:
|Market cap||$322.1 M||$2.1 B||$198.7 M||$1.0 B||$129.9 M|
|Total shares||131.5 M||200.6 M||101.9 M||205.1 M||168.8 M|
|Float shares||130.8 M||179.1 M||105.2 M||218.4 M||285.9 M|
|- Institutional holdings (%)||0.0%||0.0%||0.0%||72.6%||0.0%|
|- Insider holdings (%)||0.0%||0.0%||0.0%||1.8%||0.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$2.43 - $2.49|
|Average true range||$0.19|
|50d mov avg||$2.23|
|100d mov avg||$2.14|
|200d mov avg||$2.18|
Endeavour Silver performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Endeavour Silver against First Majestic Silver, Alexco Resource, Coeur Mining, Great Panther Silver, Hecla Mining, MAG Silver, Pan American Silver, SSR Mining, Silvercorp Metals and Wheaton Precious Metals in the following table:
|AGFirst Majestic Si...||81.83%||56.69%||87.11%|
|GPLGreat Panther Sil...||13.24%||-15.38%||-14.44%|
|PAASPan American Silv...||59.50%||17.77%||6.71%|
|WPMWheaton Precious ...||33.66%||22.19%||52.51%|