
Endeavour Silver (EXK) Stock Forecast & Price Target
Endeavour Silver (EXK) Analyst Ratings
Bulls say
Endeavour Silver Corp has benefited from substantial increases in precious metal prices, with gold rising 39.8% to $3,300/oz, silver up 18.3% to $36.50/oz, and copper increasing 19.0% to $5.50/lb since July 2024, enhancing the overall financial outlook for the company. The anticipated significant improvement in the production profile, driven by the advancing operations at Minera Kolpa and the development of the Terronera project, positions the firm for enhanced output in the coming quarters. Furthermore, promising results from ongoing drilling activities have highlighted high-grade mineralization, supporting the potential for upgrading existing mineral resources and strengthening Endeavour's future growth prospects as it aims to establish itself as a senior silver producer.
Bears say
Endeavour Silver Corp experienced a 17% year-over-year decrease in throughput at its Bolañitos operation, which fell short of the firm's mine plan, while throughput at Guanaceví declined by 14% but met expectations. The company's overall increased production profile was mainly attributed to the addition of Minera Kolpa's operations, but consolidated production without this site was approximately 16% lower than the previous quarter. Additionally, the company faced operational interruptions, including a six-day shutdown due to electrical issues, which further complicates its production stability and outlook.
This aggregate rating is based on analysts' research of Endeavour Silver and is not a guaranteed prediction by Public.com or investment advice.
Endeavour Silver (EXK) Analyst Forecast & Price Prediction
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