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Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)Stocks mixed, oil and Bitcoin downCanadian inflation cools, stocks heat upThis summary was created by AI, based on 2 opinions in the last 12 months.
The experts have different perspectives on Endeavour Silver Corp. One expert feels that despite silver disappointing investors over the last 3 years, EDR will participate in the market turnaround. Another expert from 5i Research acknowledges EDR's flat performance this year but sees potential with the Terronera project and expects solid cash flow. They also note that EPS is expected to nearly triple this year and nearly double next year. Overall, the reviews suggest cautious optimism for EDR's future.
EDR is flat this year. Market cap $841M. Valuation 29X earnings. Net cash is $60M. Following some weak years, EPS is expected to nearly triple this year and nearly double next year. The first quarter was solid with EPS 46% better than estimates. But revenue did decline, and the company cited cost pressures and the rise in the Peso. Inflationary pressures of course are not unique to the company, but they are making investors cautious. We would consider it OK. The Terronera project is getting de-risked and looks better. Cash flow should be good. We would consider it a decent midcap for the sector.
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Silver. It is also an industrial metal so an improvement in the economy should put up the price of silver. The relationship to gold is still on the low side of their relationship to gold over the very long term. He would prefer FVI-T (Fortuna) because it is so much cheaper. (Analysts’ price target is $7.60)
They have huge debt loads they have to deal with. It does not intrigue him. Look at debt levels relative to revenues with companies you are looking to buy. It is on his watch list but is a minor player.
Has a collection of assets in West Africa. Very well run company. Production is probably in the order of 400,000 ounces a year. Good size company with critical mass. Costs are a little bit high on the spectrum. Their new asset has started up on time and on budget, and is delivering lots of cash flow. Probably not the best time to own this because most of that cash flow over the next 12-24 months has to go towards de-levering the balance sheet. (I have received an e-mail from a viewer that this info is incorrect, but my tapes are no longer available to verify what was said. West Africa is the problem. Please be aware that this info may be wrong. Thanks Bill).
Broke support to fall below $8. Most of these things are a bit oversold right now and there might be an oversold bounce. The upside will be contained to $8 in a good situation but more like $7.
Great company. Great story. Well managed. Located in Mexico. They continue to add reserves and lower the cost of production. One of the lowest cost producers so will have leverage to silver going forward. His concern is that on production uptake how much can they actually continue to produce.
Endeavour Silver Corp. is a Canadian stock, trading under the symbol EDR-T on the Toronto Stock Exchange (EDR-CT). It is usually referred to as TSX:EDR or EDR-T
In the last year, 1 stock analyst published opinions about EDR-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Endeavour Silver Corp..
Endeavour Silver Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Endeavour Silver Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Endeavour Silver Corp. In the last year. It is a trending stock that is worth watching.
On 2024-10-04, Endeavour Silver Corp. (EDR-T) stock closed at a price of $5.8.
Silver has disappointed investors over the last 3 years; all are in the penalty box. He's attracted to silver. Portfolio comprised mainly of second-tier mines, and he prefers larger mines at the lower end of the cost curve. When the market turns around, and it will, EDR will participate.