We provide trade advice to complement the prevailing
expert consensus on Endeavour Silver Corp. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Endeavour Silver income statement, its balance sheet, and the statement of cash flows. Potential Endeavour Silver investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Endeavour Silver investors may use each financial statement separately, they are all related. The changes in Endeavour Silver's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Endeavour Silver's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Endeavour Silver
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Endeavour Silver performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Endeavour Silver shares is the value that is considered the true value of the share. If
the intrinsic value of Endeavour is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Endeavour Silver. Please read more on our
fundamental analysis page.
How effective is Endeavour Silver in utilizing its assets?
Endeavour Silver Corp reports assets on its Balance Sheet. It represents the amount of Endeavour resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Endeavour Silver aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Metals & Mining space. To get a better handle on how balance sheet or income statements item affect Endeavour volatility, please check the breakdown of all its
fundamentals.
Are Endeavour Silver Earnings Expected to grow?
The
future earnings power of Endeavour Silver involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Endeavour Silver factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Endeavour Silver
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Endeavour
expected earnings.
Endeavour Silver Gross Profit
Endeavour Silver Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Endeavour Silver previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Endeavour Silver Gross Profit growth over the last 10 years. Please check Endeavour Silver's
gross profit and other
fundamental indicators for more details.
Details
The recent price surge of Endeavour Silver Corp could raise concerns from traders as the firm is trading at a share price of
5.51 on
5,381,093 in volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in
April. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.21. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the Endeavour Silver partners.
| 2019 | 2020 | 2021 | 2022 (projected) |
Current Assets | 63.28 M | 104.97 M | 94.47 M | 88.87 M | Total Assets | 163.71 M | 210.59 M | 189.53 M | 200.13 M |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Endeavour Silver has an asset utilization ratio of 155.43 percent. This signifies that the company is making $1.55 for each dollar of assets. An increasing asset utilization means that Endeavour Silver Corp is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets88.9 M | Assets Non Current111.3 M | | |
| Current Assets | 88.87 Million | 41.05 |
| Assets Non Current | 111.26 Million | 51.4 |
| Goodwill | 454,453 | 0.21 |
| Tax Assets | 15.89 Million | 7.34 |
Over 3 percent surge for Endeavour Silver. What does it mean for traders?
Endeavour Silver recent semi variance hikes over 10.97. Endeavour Silver Corp shows above-average downside volatility for the selected time horizon. We advise investors to inspect Endeavour Silver Corp further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Endeavour Silver future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Endeavour Silver's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Endeavour Silver's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Endeavour Silver Implied Volatility
Endeavour Silver's implied volatility exposes the market's sentiment of Endeavour Silver Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Endeavour Silver's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Endeavour Silver stock will not fluctuate a lot when Endeavour Silver's options are near their expiration.
Our Conclusion on Endeavour Silver
Although many other companies within the other precious metals & mining industry are still a little expensive, even after the recent corrections, Endeavour Silver may offer a potential longer-term growth to traders. With a somewhat neutral outlook on your 90 days horizon, it may be better to hold off any trading activity and neither purchase new shares of Endeavour nor trade your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Endeavour Silver.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Endeavour Silver Corp. Please refer to our
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