small-cap

One Small-Cap Basic Materials Stock under the Radar- EDR

Jun 27, 2022 | Team Kalkine
One Small-Cap Basic Materials Stock under the Radar- EDR

 

Section1: Company Overview

Endeavour Silver Corp. (TSX: EDR) is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development, and exploitation of precious metal properties in Mexico and Chile.

1.1 The Key Positives, Negatives, Investment Highlights and Risks

Section2:  Financial Highlights

 2.1 Key Financial Highlights

2.2 Key Metrics

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology

 3.2 Price Performance and Stock Recommendation

3.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as on June 24, 2022). Source: REFINITIV, Analysis by Kalkine Group Note: The reference data in this report has been partly sourced from REFINITIV 

3.4 Technical Summary

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.

Note1: The reference data in this report has been partly sourced from REFINITIV

Note2: Investment decision should be made depending on the investor’s appetite on upside potential, risks, holding duration, and any previous holdings. Investors can consider exiting from the stock if the Target Price mentioned as pet the Valuation has been achieved and subject to the factors discussed above.


Disclaimer

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