Azarias Capital Sells 536,928 Shares of Endeavour Silver for $4.55 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Fool
- Transaction Overview: On January 22, Azarias Capital disclosed the sale of 536,928 shares of Endeavour Silver, amounting to approximately $4.55 million based on average pricing for the fourth quarter, indicating a cautious stance towards the stock.
- Position Value Change: Following this sale, the value of Endeavour Silver's position decreased to $5.92 million, down $3.23 million from the previous filing, reflecting Azarias' reassessment of the company's future performance.
- Stock Performance: As of January 22, Endeavour Silver shares were priced at $13.60, representing a staggering 281% increase over the past year, significantly outperforming the S&P 500's roughly 14% gain, showcasing its strong position in the precious metals market.
- Future Outlook: Endeavour Silver anticipates silver equivalent output of 14.6 to 15.6 million ounces in 2026, with cash costs projected at $12 to $13 per ounce, as CEO Dan Dickson emphasizes that 2026 will be a pivotal turning point for the company, highlighting lower cash costs and operational leverage to support future growth.
Analyst Views on EXK
Wall Street analysts forecast EXK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXK is 11.74 USD with a low forecast of 9.00 USD and a high forecast of 14.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 12.260
Low
9.00
Averages
11.74
High
14.50
Current: 12.260
Low
9.00
Averages
11.74
High
14.50
About EXK
Endeavour Silver Corp. is a Canada-based mid-tier silver producer with three operating mines in Mexico and Peru and a pipeline of exploration projects across Mexico, Chile, and the United States. The Company is engaged in silver mining and related activities including acquisition, exploration, development, extraction, processing, refining and reclamation. The Company’s Guanacevi mines is a highest-grade silver mine, which is located in Durango, Mexico. The Terronera Project, located approximately 40 kilometers (km) northeast of Puerto Vallarta in the state of Jalisco, Mexico, hosts a high-grade silver-gold mineral resource along the Terronera vein. The Kolpa operation is a silver mine located in the Huachocolpa region of Huancavelica, over 490 km southeast of Lima. Its Pitarrilla Project is an undeveloped silver, lead, and zinc project located 160 km north of Durango City, in northern Mexico. Its other exploration projects include Parral, Bruner, Aida, and Lourdes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
