Endeavour Silver Corp. (NYSE:EXK) Relative Strength Index (RSI) is 69.90, with weekly volatility at 4.59% and ATR at 0.36. The EXK stock’s 52-week price range has touched low of $1.76 and a $7.45 high. Intraday shares traded counted 3.34 million, which was 13.39% higher than its 30-day average trading volume of 3.86M. Its shares traded lower over the last trading session, losing 0.00% on 06/01/21. The shares fell to a low of $7.4033 before closing at $7.44. EXK’s previous close was $7.44 while the outstanding shares total 159.67M. The firm has a beta of 1.39, a 12-month trailing P/E ratio of 40.88.
Investors have identified the Silver company Endeavour Silver Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.19 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Endeavour Silver Corp. (EXK) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For EXK, the company has in raw cash 85.99 million on their books with 3.43 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 149.17 million total, with 36.09 million as their total liabilities.
EXK were able to record -11.19 million as free cash flow during the 08/05/2021 quarter of the year, this saw their quarterly net cash flow reduce by 24.99 million. In cash movements, the company had a total of -3.92 million as operating cash flow.
Potential earnings growth for Endeavour Silver Corp. (EXK)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/05/2021 quarter of the year, Endeavour Silver Corp. recorded a total of 34.47 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 36.38% coming in sequential stages and their sales for the 08/05/2021 quarter reducing by -76.25%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 18.73 million trying to sell their products during the last quarter, with the result yielding a gross income of 15.74 million. This allows shareholders to hold on to 159.67M with the recently reported earning now reading 0.08 cents per share. This is a figure that compared to analyst’s prediction for their 08/05/2021 (-0.03 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.26 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on EXK sounds very interesting.
Is the stock of EXK attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 2.40%.
4 out of 9 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Endeavour Silver Corp.. 0 analysts has assigned a Sell rating on the EXK stock. The 12-month mean consensus price target for the company’s shares has been set at $4.47.