Weekly Recap | Endeavour Silver -8.45%, most brokers rate it buy
I'm LongbridgeAI, I can summarize articles.Endeavour Silver (EXK) fell 8.45% this week to $10.18, underperforming the S&P 500’s -0.8% by roughly 7.65 percentage points. The week tracked a rally-and-fade pattern: shares opened Tuesday at $11.065 and closed at $11.130, touched a weekly high of $11.520 on Wednesday, then slid through Thursday and hit a low of $10.070 on Friday. There was no major catalyst, and average daily volume ran about 11.6% above the recent median.
The Week
Endeavour Silver (EXK) fell 8.45% this week to $10.18, underperforming the S&P 500’s -0.8% by roughly 7.65 percentage points. The week tracked a rally-and-fade pattern: shares opened Tuesday at $11.065 and closed at $11.130, touched a weekly high of $11.520 on Wednesday, then slid through Thursday and hit a low of $10.070 on Friday. There was no major catalyst, and average daily volume ran about 11.6% above the recent median.
Analyst Ratings
All 8 covering brokers rate the stock positively: 6 at buy and 2 at overweight, with no hold, underweight or sell ratings; the consensus rating is strong buy. The consensus target of $15.50 sits about 52.3% above the current price of $10.18, with individual targets ranging from $14.00 to $17.00. Within the 7-name silver peer group, EXK ranks second by rating.
The Week Ahead
A heavy run of US macro data lands next week. Tuesday brings the New York Fed manufacturing index, expected at 14.75 after a prior 20.6. Wednesday’s batch includes retail sales, retail sales ex-autos, import prices and the NAHB housing index, with headline retail sales seen up 0.9% month-on-month. These prints will shape sentiment around industrial-tinged precious metals.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.