| Should Endeavour Silver (EXK) Be On Your Radar Now? | |
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It can be very difficult to find companies that are both flying under the radar, and still might have potential for gains. Many times, stocks are off investors’ radar screens for a reason, though there are some hidden gems that could be worth uncovering by those with a high risk tolerance. One way to find these underappreciated stocks is by looking at companies that haven’t seen their share prices move higher lately, but have observed analysts raising earnings estimates for their stock. This trend could signal that investors haven’t quite embraced the rising estimate story yet, but that the potential for a big move higher is definitely there. One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Endeavour Silver Corp. EXK. This Silver Mining stock has actually seen estimates rise over the past month for the current fiscal year by about 47%. But that is not yet reflected in its price, as the stock lost 9.3% over the same time frame. You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 47.1%, which should ultimately translate into price appreciation. And if this isn’t enough, EXK currently carries a Zacks Rank #2 (Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance). So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Endeavour Silver. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for EXK and that now might be an interesting buying opportunity. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ENDEAVOUR SILVR (EXK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Endeavour Silver Corp.
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PRODUCER |
CODE : EDR.TO |
ISIN : CA29258Y1034 |
CUSIP : 29258Y 10 3 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Endeavour Silver is a gold and silver producing company based in Canada. Endeavour Silver holds various exploration projects in Chile and in Mexico. Its main assets in production are GUANAJUATO (BOLANITOS) and GUANACEVI in Mexico and its main exploration properties are ARROYO SECO and PARRAL in Mexico and LA PRESIDENTA CHILE in Chile. Endeavour Silver is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 483.7 millions as of today (US$ 354.1 millions, € 330.9 millions). Its stock quote reached its lowest recent point on January 25, 2002 at CA$ 0.01, and its highest recent level on September 14, 2012 at CA$ 9.99. Endeavour Silver has 127 300 000 shares outstanding. |