(EDR) Endeavour Silver - Ratings and Ratios

Endeavour Silver Corp. is a Canadian mining company with a diversified portfolio of silver and gold assets across Mexico, Chile, Peru, and the United States. The companys primary focus is on the exploration, development, and extraction of precious metals, with a particular emphasis on silver. With a history dating back to 1981, Endeavour Silver Corp. has evolved from its origins as Endeavour Gold Corp., rebranding in 2004 to reflect its growing focus on silver production.

From a technical analysis perspective, Endeavour Silver Corp.s stock (TO:EDR) is currently trading at $6.55, above its 20-day and 50-day simple moving averages (SMA20: $5.59, SMA50: $5.22). The stocks 200-day simple moving average (SMA200: $5.60) suggests a longer-term uptrend. With an average true range (ATR) of $0.31, representing a 4.74% daily price movement, the stock is exhibiting moderate volatility. Given the current technical setup, a potential price target could be the 52-week high of $7.64, with a stop-loss below the SMA50 at $5.22.

Fundamentally, Endeavour Silver Corp. has a market capitalization of $1.67 billion CAD, with a forward price-to-earnings ratio of 135.14, indicating high growth expectations. However, the companys return on equity (RoE) is currently negative at -14.21%, suggesting that it may be facing challenges in generating profits. To improve its RoE, Endeavour Silver Corp. may need to focus on optimizing its operational efficiency, reducing costs, and increasing production.

Combining technical and fundamental analysis, a potential forecast for Endeavour Silver Corp. is that the stock may continue to trend upwards, driven by the companys efforts to improve its operational performance and increase production. If the company can successfully address its current profitability challenges, we may see a re-rating of the stock, potentially driving the price towards the 52-week high of $7.64. However, if the company fails to improve its RoE, the stock may face downward pressure, potentially testing the support level at $5.22.