Endeavour Silver Corporation (EXK) has risen sharply, recording gains of 18.25% in the past 4 weeks. However, the stock has corrected -8.02% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 10.77% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Endeavour Silver Corporation (NYSE:EXK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.39 and $4.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.47, notching a gain of 0.68% for the day. The total traded volume was 1,606,912 . The stock had closed at $4.44 on the previous day.
The stock has recorded a 20-day Moving Average of 2.37% and the 50-Day Moving Average is 16.16%. Endeavour Silver Corp. is up 18.25% in the last 3-month period. Year-to-Date the stock performance stands at 214.79%.
Endeavour Silver Corp. (Endeavour) is a Canada-based mining company. The Company is engaged in silver mining in Mexico and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is also engaged in exploration activities in Chile. Its producing mines include Guanacevi Mine, which is located 260 kilometers northwest of the city of Durango, Mexico; Bolanitos Mine, which is located 10 kilometers northwest of the city of Guanajuato, Mexico, and El Cubo Mine, which is located six kilometers southeast of the city of Guanajuato. Its exploration projects include Guadalupe y Calvo, an advanced silver-gold exploration project; Parral Mine, which is located around 210 kilometers south of the city of Chihuahua, Mexico; Terronera, a project is located 40 kilometers northeast of Puerto Vallarta in the state of Jalisco, Mexico, and Lourdes, an early-stage exploration silver and gold property.