Azarias Capital sells shares of Endeavour Silver amid cautious outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2026
0mins
Should l Buy EXK?
Source: Fool
Endeavour Silver Corp's stock fell by 6.21% as it crossed below the 5-day SMA, reflecting a negative market sentiment.
The decline follows Azarias Capital's sale of 536,928 shares for approximately $4.55 million, indicating a cautious stance towards the stock. This sale has led to a decrease in the value of Endeavour Silver's position to $5.92 million, down $3.23 million from the previous filing, as Azarias reassesses the company's future performance. Despite a strong year-over-year increase of 281% in share price, the current market conditions and the sale have raised concerns about the company's outlook.
The implications of this sale may lead to increased volatility in Endeavour Silver's stock as investors react to Azarias Capital's cautious approach and the broader market's downturn.
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Analyst Views on EXK
Wall Street analysts forecast EXK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXK is 11.74 USD with a low forecast of 9.00 USD and a high forecast of 14.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 10.440
Low
9.00
Averages
11.74
High
14.50
Current: 10.440
Low
9.00
Averages
11.74
High
14.50
About EXK
Endeavour Silver Corp. is a Canada-based mid-tier silver producer with three operating mines in Mexico and Peru and a pipeline of exploration projects across Mexico, Chile, and the United States. The Company is engaged in silver mining and related activities including acquisition, exploration, development, extraction, processing, refining and reclamation. The Company’s Guanacevi mines is a highest-grade silver mine, which is located in Durango, Mexico. The Terronera Project, located approximately 40 kilometers (km) northeast of Puerto Vallarta in the state of Jalisco, Mexico, hosts a high-grade silver-gold mineral resource along the Terronera vein. The Kolpa operation is a silver mine located in the Huachocolpa region of Huancavelica, over 490 km southeast of Lima. Its Pitarrilla Project is an undeveloped silver, lead, and zinc project located 160 km north of Durango City, in northern Mexico. Its other exploration projects include Parral, Bruner, Aida, and Lourdes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Industrial Demand Explosion: Nearly half of global silver consumption now stems from industrial applications, particularly in solar panels and electric vehicles, underscoring silver's growing importance as a strategic industrial commodity.
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- Stock Performance: As of January 22, Endeavour Silver shares were priced at $13.60, representing a staggering 281% increase over the past year, significantly outperforming the S&P 500's roughly 14% gain, showcasing its strong position in the precious metals market.
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- Silver Price Hits Record: Silver prices also reached an all-time high, with March delivery rising 7.9% to $95.54 per ounce, indicating robust performance in the precious metals market and attracting increased investor interest.
- Mining Stocks Rally: Precious metals mining stocks, including Iamgold, Hecla Mining, and Gold Fields, saw significant gains, with Iamgold up 7.5%, showcasing optimism in the precious metals sector and potentially driving future investment inflows.
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