The market has been high on Endeavour Silver Corp (EXK) stock recently. EXK gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Endeavour Silver Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EXK!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With EXK Stock Today?
Endeavour Silver Corp (EXK) stock is trading at $4.36 as of 9:52 AM on Friday, Oct 8, a rise of $0.20, or 4.81% from the previous closing price of $4.16. The stock has traded between $4.32 and $4.48 so far today. Volume today is light. So far 616,032 shares have traded compared to average volume of 2,325,597 shares.
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More About Endeavour Silver Corp
Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.
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