Is EXK Breaking Out Toward the $10.50 Target?
$Endeavour Silver(EXK)$
Endeavour Silver Corp.(EXK) Surged +4.21%: Silver Mining Giant Breaks Above $9.40, Momentum Building Toward $10.50 Target
Latest Close Data
EXK closed at $9.41 on December 12, 2025 (EST), up +4.21% (+$0.38) from previous session.
Stock trades 9.26% below 52-week high of $10.37, showing strong recovery momentum from 52-week low of $2.95.
Core Market Drivers
Silver mining sector gains traction as precious metals rally continues amid inflation hedging demand.
Strong institutional capital inflows of $12.32M net positive on December 12, with large orders driving 69.2% of volume.
EXK benefits from operational efficiency improvements at Mexican mining assets.
Technical Analysis
Volume spiked to 21.81M shares (1.58x average), signaling institutional accumulation.
RSI(6) at 69.26 approaches overbought territory but remains bullish.
MACD shows strengthening momentum with DIF at 0.329 above DEA at 0.258, generating buy signal.
KDJ indicator at 54.06 suggests continued upside potential.
Key Price Levels
Primary Support: $8.92 (December 10 technical floor)
Immediate Pivot: $9.04 (previous resistance now support)
Strong Resistance: $9.76 (today's high) / $10.37 (52-week high)
Valuation Perspective
Trading at P/S ratio of 8.21x, premium to mining sector average of 5.2x but justified by operational turnaround.
Negative P/E of -27.19 reflects recent losses, though forward metrics suggest profitability recovery in 2025.
Analyst Targets
4 institutions maintain average target of $8.81 (range: $5.81-$11.00). 7 analysts recommend
Strong Buy, reflecting confidence in silver price recovery and operational improvements.
Weekly Outlook
Expect continued momentum toward $10.37 resistance if silver maintains current strength. Key breakout above $9.76 could trigger move to $10.50-$11.00 zone. Downside risk limited to $8.92 support level.
Risk Disclaimer
This analysis is for informational purposes only. Past performance does not guarantee future results. Please conduct your own research before making investment decisions.
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