When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With EXK Stock Today?
Endeavour Silver Corp (EXK) stock has gained 3.04% while the S&P 500 has fallen -0.09% as of 9:36 AM on Wednesday, Mar 13. EXK is higher by $0.06 from the previous closing price of $2.14 on volume of 11,317 shares. Over the past year the S&P 500 is up 34.09% while EXK has fallen -28.71%. EXK earned $0.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 71.87.
To see InvestorsObserver's Sentiment Score for Endeavour Silver Corp click here.
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.
Click Here to get the full Stock Report for Endeavour Silver Corp stock.
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