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Company Overview: Endeavour Silver Corp. (TSX: EDR) is a mid-tier precious metals producer focused on silver mining, with three operating mines across Mexico and Peru. The company also maintains a robust portfolio of exploration and development projects in Mexico, Chile, and the United States, supporting its long-term organic growth strategy. Benz Mining Corp. (TSXV: BZ) is a pure-play gold exploration company dual-listed on the TSX Venture Exchange (TSXV: BZ). The company is focused on advancing a portfolio of high-potential gold assets across two premier mining jurisdictions. Its flagship assets include the Eastmain Gold Project in Quebec, Canada, as well as the Glenburgh and Mt Egerton Gold Projects in Western Australia. Through systematic exploration, resource expansion, and targeted drilling programs, Benz Mining aims to unlock the value of its projects and strengthen its long-term growth profile. This Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.
Canada Market Round-Up
The S&P/TSX Composite Index ended the week on July 17, 2026, on a weaker note, declining 41.46 points (0.12%) to close at 35,263.85. Despite the modest weekly pullback, the broader technical outlook remains constructive, with the index continuing to trade comfortably above both its rising trendline and the 50-day Simple Moving Average (SMA). This technical setup reinforces the prevailing medium-term bullish trend and suggests that buying interest continues to emerge during market pullbacks. Momentum indicators also remain supportive, with the weekly 14-period Relative Strength Index (RSI) holding around 62.39, reflecting healthy underlying buying momentum while remaining below overbought levels, leaving scope for further upside. Looking ahead, immediate resistance is positioned near 35,659.53. A decisive breakout and sustained move above this level could reinforce bullish momentum and open the door for further gains. On the downside, immediate support is located around 34,261.11, where renewed buying interest could help preserve the prevailing uptrend. However, a sustained break below this support level may weaken the current technical structure and increase the likelihood of an extended consolidation phase or a deeper corrective move. Overall, the medium-term technical outlook remains positive, provided the index continues to hold above its key support levels, the rising trendline, and the 50-day SMA.
On the macro front, the upcoming major economic events that may impact the Canadian market sentiment include CA Retail Sales m/m, US New Home Sales and US Unemployment Claims.
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The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.
Past performance is not a reliable indicator of future performance.
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