Should You Buy Endeavour Silver Corp (EXK) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
13.850
1 Day change
0.29%
52 Week Range
15.150
Analysis Updated At
2026/01/28
EXK is NOT a good buy right now for a beginner long-term investor who wants to act immediately. The stock is technically overbought (RSI ~80), trading near resistance (~14.60), and it’s already above the most recently published Wall Street price targets ($7.75–$11), meaning upside is less attractive versus pullback risk at today’s price (~14). If you already own it, holding makes sense given strong silver/production tailwinds, but starting a new long-term position here is a poor entry.
Technical Analysis
Trend is bullish but stretched. Price (~14) sits above key moving averages with a strong alignment (SMA_5 > SMA_20 > SMA_200), confirming an uptrend. However, RSI_6 = 80.6 signals an overbought condition, and the MACD histogram is positive (0.243) but contracting, which often appears as upside momentum fades. Key levels: Pivot support ~12.85 (first meaningful area buyers may defend); Resistance R1 ~14.60 (nearby ceiling) then R2 ~15.69. With price near R1 and momentum stretched, the risk/reward for a new entry is unfavorable today.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): no signal on given stock today.
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Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Options positioning skews bullish: open interest put-call ratio of 0.27 implies far more calls outstanding than puts (bullish bias). Volume put-call ratio of 0.82 is closer to neutral-to-slightly-bullish on the day. Implied volatility is very high (30D IV ~85.8) with IV percentile ~83, suggesting options are priced for large moves; that typically aligns with a speculative, momentum-driven tape rather than a calm long-term accumulation zone. Also notable: today’s option volume vs 30-day average is extremely elevated (27x), indicating heightened attention/speculation.
Technical Summary
Sell
5
Buy
8
Positive Catalysts
1) Silver tailwind: recent news highlights silver prices >$100/oz with forecasts higher, which directly supports sentiment toward silver miners. 2) Operations/production narrative: news notes Endeavour Silver reported a 6.1% increase in silver production, supporting the growth story. 3) Street narrative has been constructive around Terronera ramp-up (improved growth visibility in analyst notes).
Neutral/Negative Catalysts
1) Overbought technical setup: RSI ~80 and price near resistance (~14.60) increases near-term pullback risk. 2) Price vs analyst targets: the stock (~14) is already above the latest cited targets ($7.75–$11). Unless targets are revised materially upward, this is a headwind for fresh buyers. 3) Profitability/margins: gross margin fell sharply YoY (down ~53%), and the company still posted a net loss in the latest quarter. 4) Holder selling: Azarias Capital sold ~536,928 shares (~$4.55M) after a strong run—this reads as profit-taking into strength (a mild sentiment negative). 5) Extremely high volatility regime (HV ~90, IV ~86) makes entry timing more important, which is not ideal for a beginner investor buying immediately.
Financial Performance
Latest reported quarter: 2025/Q3. Revenue grew sharply to ~$142.8M (+167% YoY), showing strong top-line expansion. However, profitability remains weak: net income was still negative (-$42.0M), though improved YoY, and EPS was -0.14 (improved YoY). The biggest concern is quality of earnings: gross margin declined to ~10.93% (-53% YoY), indicating costs/operating pressure despite higher revenue—important for a long-term investor because sustained margin compression can limit how much of higher metal prices translate into shareholder returns.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent analyst trend is clearly positive on ratings (multiple Buys/Outperform upgrades) driven by Terronera ramp-up confidence and a bullish silver backdrop. Price targets were raised (e.g., B. Riley to $11 from $7; H.C. Wainwright to $11 from $9.75; Alliance to $7.75 from $6; CIBC upgraded with C$16 target). Wall Street pros: leverage to silver upside + improving growth visibility via Terronera. Wall Street cons: execution/cost risk and, critically, the stock price now appears to have run well ahead of the published targets (current ~14), reducing the attractiveness of buying today based on sell-side-derived upside.
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 USD and a high forecast of 14.5 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
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 USD and a high forecast of 14.5 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 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.810
Low
9
Averages
11.74
High
14.5
Current: 13.810
Low
9
Averages
11.74
High
14.5
B. Riley
Nick Giles
Buy
maintain
$7 -> $11
AI Analysis
2025-11-13
Reason
B. Riley
Nick Giles
Price Target
$7 -> $11
AI Analysis
2025-11-13
maintain
Buy
Reason
B. Riley analyst Nick Giles raised the firm's price target on Endeavour Silver to $11 from $7 and keeps a Buy rating on the shares following the Q3 report. The firm believes the company's "continued execution and clean quarters should deliver strong returns." It attributes the new price target to higher silver prices and improved growth visibility.
Alliance Global Partners
Buy
maintain
$6
2025-11-10
Reason
Alliance Global Partners
Price Target
$6
2025-11-10
maintain
Buy
Reason
Alliance Global Partners raised the firm's price target on Endeavour Silver to $7.75 from $6 and keeps a Buy rating on the shares. The firm views the company's Q3 report as "mixed" with its costs expected to trend lower as Terronera ramps. Elevated precious metals prices should continue to support positive mine operating cash flow as Endeavour's primary growth engine Terronera hits, the analyst tells investors in a research note. Alliance believes Endeavour is emerging as a leading silver producer.
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