Why You should Invest In Endeavour Silver Corp. (NYSE:EXK)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Endeavour Silver Corp. (NYSE:EXK) for the period of 9-Day stands at 43.95% while the stochastic %D for the same period stands at 54.72%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Endeavour Silver Corp. (NYSE:EXK) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Endeavour Silver Corp. (NYSE:EXK) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Endeavour Silver Corp. (NYSE:EXK)’s 20-Day Bollinger Band indicates “Hold”.

About Company

ENDEAVOUR SILVER CORP. is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. The expansion programs now underway at Endeavour’s two operating mines, Guanacevi in Durango State and Guanajuato in Guanajuato state, coupled with the Company’s acquisition and exploration programs in Mexico should enable Endeavour to join the ranks of top primary silver producers worldwide. Endeavour stands out from other silver mining companies for the strong organic growth potential of its core assets, its high silver grades and leverage, the substantial exploration upside of its Mexican mining properties, and the significant under-utilized capacities of the Guanacevi and Bolanitos plants.

Previous Day Activity Analysis

On the last trading day, Endeavour Silver Corp. (NYSE:EXK) opened the session at $2.56 and after going down -0.79% closed at $2.51. The stock lost -0.05 points in the last trade.

Endeavour Silver Corp. (NYSE:EXK)’s stock fluctuated in the range of $2.47 and $2.56 during the previous active session. Endeavour Silver Corp. (NYSE:EXK) traded with the volume of 1.09 Million with average volume of 1.68 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at -0.08 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.12 and 52.95 respectively.

Currently the Insider Ownership of the shares of Endeavour Silver Corp. (NYSE:EXK) is at 2.4% and the shares outstanding are 128.25 Million.

Important Ratio Analysis

Some important ratios to consider here for Endeavour Silver Corp. (NYSE:EXK) are discussed below:

Dividend yield of Endeavour Silver Corp. (NYSE:EXK) stands at 0% whereas Price to Earnings P/E ratio stands at 47.36 while Forward P/E shows the value of 13.21.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 2.3 and 2.26 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 6.14 and 0 correspondingly.

The Quick Ratio of Endeavour Silver Corp. (NYSE:EXK) stands at 3.5 while the Current Ratio depicts the value of 4.1.

Return on Assets ROA of Endeavour Silver Corp. (NYSE:EXK) is at 3.5% whereas, Return on Equity ROE and Return of Investment ROI of Endeavour Silver Corp. (NYSE:EXK) stand at 4.7% and 7.3% respectively.

Stock Performance Analysis

The stock performance of Endeavour Silver Corp. (NYSE:EXK) on the basis of 5 day trade show the dip of -3.09% whereas, the monthly performance of the stock shows decrease of -0.79%.

The quarterly performance of the stock remained in red zone with the value of -16.05% while six month performance of the shares of Endeavour Silver Corp. (NYSE:EXK) remained bearish with the count of -22.29%.

The yearly and YTD performance of Endeavour Silver Corp. (NYSE:EXK) remained down at -39.37% and -28.69% respectively.