Endeavour Silver Corp. (EXK) AI Stock Analysis
EXK AI stock analysis summary
AI ResearchEndeavour Silver Corp. (EXK) is a precious metals miner operating silver-gold projects across Mexico and Chile. While revenue reached $737.2M over the trailing twelve months, annual free cash flow remained negative through FY2025 at -$116.6M due to capital expenditures of $172.2M. The stock closed at $8.24 on October 16, 2026, trading at a trailing price-to-earnings multiple of 41.2x.
- Market cap
- $2.44B
- Revenue (TTM)
- $737.2M
- P/E
- 41.2x fwd 9.0x
- 1Y return
- -18.8% S&P 500 16.8%
- Avg. target
- $15.50 88.1% vs last close
Bull case
- Trailing twelve-month revenue grew to $737.2M, aided by 139.4% year-over-year quarterly revenue growth in the period ended June 30, 2026.
- The stock's forward price-to-earnings ratio of 9.0x trades below the US-listed Basic Materials peer median of 13.4x.
- Analysts maintain a mean price target of $15.50, which sits 88.1% above the last closing price of $8.24.
Bear case
- Free cash flow remained negative in each of the past five fiscal years, reaching -$116.6M in FY2025.
- Shareholder dilution has been substantial, with the company's share count rising 91.9% over five years and share issuance totaling $77.7M in FY2025 alone.
- Endeavour Silver posted a net loss of -$121.2M in FY2025, accompanied by an annual net margin of -25.9%.
What Endeavour Silver does
Endeavour Silver Corp. is a silver mining company engaged in mineral resource acquisition, exploration, development, extraction, processing, refining, and reclamation across Mexico and Chile. The company primarily targets silver and gold deposits. In Mexico, it operates two producing silver-gold mines: the Guanaceví mine in Durango and the Bolañitos mine in Guanajuato. Its regional pipeline includes the Terronera development property in Jalisco and Parral properties in Chihuahua. In northern Chile, Endeavour Silver holds interests in three exploration assets: the Aida silver project, the Paloma gold project, and the Cerro Marquez copper-molybdenum gold project. The company was founded in 1981 and is headquartered in Vancouver, Canada.
Growth and profitability
Between FY2021 and FY2025, annual revenue expanded from $165.3M to $468.5M, delivering a five-year compound annual growth rate of 27.6% from FY2020 to FY2025. Revenue grew 115.2% in FY2025, though net income fell to -$121.2M alongside an operating margin of 6.0% and a gross margin of 11.0%. Net income had previously contracted from $14.0M in FY2021 to $6.2M in FY2022, $6.1M in FY2023, and -$31.5M in FY2024. For the trailing twelve months ended June 30, 2026, revenue stood at $737.2M with an operating margin of 30.5% and a net profit margin of 8.9%. In the quarter ended June 30, 2026, quarterly revenue grew 139.4% year-over-year, while quarterly earnings declined 58.6%.
Balance sheet and cash flow
As of June 30, 2026, Endeavour Silver held $243.1M in cash and short-term investments alongside total debt of $246.5M, leaving net debt at $3.4M. Shareholders' equity was $711.5M, total assets stood at $1.27B, the current ratio was 1.97, and the debt-to-equity ratio was 0.35. Operating cash flow totaled $55.6M in FY2025, but capital expenditures of $172.2M resulted in free cash flow of -$116.6M. To support operations and project development, the company generated $77.7M through share issuance in FY2025, contributing to a 91.9% increase in share count over five years.
Valuation and performance
Endeavour Silver carries a market capitalization of $2.44B and an enterprise value of $2.75B. The stock trades at a trailing price-to-earnings ratio of 41.2x, higher than the 19.7x median of its US-listed Basic Materials peers. Conversely, its forward price-to-earnings ratio of 9.0x sits below the peer median of 13.4x. Its price-to-sales multiple of 3.3x and enterprise value-to-EBITDA of 12.7x compare to peer medians of 1.8x and 10.5x, respectively. Over the trailing year, the stock returned -18.8%, underperforming the S&P 500 ETF (SPY) return of 16.8%, and over five years it gained 76.1% versus 83.0% for SPY.
What analysts expect
Wall Street coverage includes 5 Strong Buy, 1 Buy, and 1 Hold ratings, with 0 Sell or Strong Sell ratings. The mean price target is $15.50, representing an 88.1% premium over the last close of $8.24. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $1.13B and EPS of $0.60, representing 3125.0% growth. For next fiscal year, 4 analysts anticipate revenue of $1.34B and EPS of $1.04. The company beat EPS estimates in 1 of the last 4 quarters, and its next earnings date is November 6, 2026.
Key risks and what to watch
- The stock exhibits significant volatility, reflected in a beta of 2.48 and a 52-week trading range between $6.60 and $15.15.
- Ongoing capital expenditures of $172.2M in FY2025 continue to outstrip operating cash flow of $55.6M.
- Earnings track records show the company exceeded consensus EPS estimates in only 1 of the last 4 quarters.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this EXK AI stock analysis
This page is an AI-written research summary of Endeavour Silver Corp. (EXK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: EXK income statement, EXK balance sheet, EXK key metrics, EXK analyst forecast, EXK chart. See the EXK stock overview for the latest quote and news.
EXK AI stock analysis FAQ
What mines does Endeavour Silver operate?
The company operates two silver-gold mines in Mexico: the Guanaceví mine in Durango and the Bolañitos mine in Guanajuato. It is also developing the Terronera property in Jalisco and Parral properties in Chihuahua, while exploring three projects in Chile.
Does Endeavour Silver pay a dividend?
Endeavour Silver does not pay a regular dividend. Cash flow has been prioritized for operations and project development, including $172.2M of capital expenditures in FY2025.
How much debt does Endeavour Silver carry?
As of June 30, 2026, the company reported total debt of $246.5M and cash and short-term investments of $243.1M, yielding net debt of $3.4M and a debt-to-equity ratio of 0.35.
What are analysts forecasting for EXK in FY2026?
Analysts expect Endeavour Silver to generate revenue of $1.13B and EPS of $0.60 for the fiscal year ending December 31, 2026, with an average price target of $15.50.