#5 - Endeavour Silver Corp. (NYSE:EXK)
The next stock on our list is another low-priced precious metals stock. As its name suggests, Endeavour Silver Corp. (NYSE:EXK) primarily mines silver from mines in Mexico and Chile. Many precious metals analysts are more excited about the likely growth in silver even as gold has begun to trend higher.
Unlike many stocks on this list EXK stock is down slightly in 2021. However over the last 12 months, investors have been handsomely rewarded with a gain of 231%. Among analysts the stock has a consensus buy rating with a price target of $6.31 that represents a nearly 20% gain from its current level.
Currently the company has only about 17% institutional ownership, but interest has picked up sharply in the last three quarters, most likely correlating with the rise in silver prices. An investment in EXK stock is likely to be volatile, but with institutional interest rising along with the price of silver, this could be a profitable mining stock in 2021.
About Endeavour Silver
Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.
Read More - Current Price
- $3.71
- Consensus Rating
- Buy
- Ratings Breakdown
- 5 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $6.63 (78.6% Upside)
