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EDR

Endeavour Silver TSX:EDR Stock Report

Last Price

CA$4.61

Market Cap

CA$820.1m

7D

2.2%

1Y

-37.9%

Updated

27 Jun, 2022

Data

Company Financials +
EDR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance1/6
Financial Health6/6
Dividends0/6

EDR Stock Overview

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile.

Endeavour Silver Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Endeavour Silver
Historical stock prices
Current Share PriceCA$4.61
52 Week HighCA$7.85
52 Week LowCA$3.99
Beta1.47
1 Month Change-2.74%
3 Month Change-22.00%
1 Year Change-37.87%
3 Year Change70.74%
5 Year Change16.71%
Change since IPO2,205.00%

Recent News & Updates

Shareholder Returns

EDRCA Metals and MiningCA Market
7D2.2%-4.9%0.3%
1Y-37.9%-12.7%-4.0%

Return vs Industry: EDR underperformed the Canadian Metals and Mining industry which returned -12.7% over the past year.

Return vs Market: EDR underperformed the Canadian Market which returned -4% over the past year.

Price Volatility

Is EDR's price volatile compared to industry and market?
EDR volatility
EDR Average Weekly Movement10.7%
Metals and Mining Industry Average Movement10.9%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: EDR is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: EDR's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19811,240Dan Dicksonhttps://www.edrsilver.com

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver deposits, and precious metals. The company operates two producing silver-gold mines in Mexico, such as the Guanaceví mine in Durango; and the Bolañitos mine in Guanajuato.

Endeavour Silver Fundamentals Summary

How do Endeavour Silver's earnings and revenue compare to its market cap?
EDR fundamental statistics
Market CapUS$637.02m
Earnings (TTM)US$13.37m
Revenue (TTM)US$188.59m

48.5x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EDR income statement (TTM)
RevenueUS$188.59m
Cost of RevenueUS$114.50m
Gross ProfitUS$74.09m
Other ExpensesUS$60.72m
EarningsUS$13.37m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.074
Gross Margin39.29%
Net Profit Margin7.09%
Debt/Equity Ratio4.2%

How did EDR perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is EDR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EDR?

Other financial metrics that can be useful for relative valuation.

EDR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.6x
Enterprise Value/EBITDA10.6x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does EDR's PE Ratio compare to its peers?

EDR PE Ratio vs Peers
The above table shows the PE ratio for EDR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average1074.7x
SVM Silvercorp Metals
16x-17.8%CA$631.0m
FVI Fortuna Silver Mines
16.3x-14.2%CA$1.2b
MAG MAG Silver
103.3x73.8%CA$1.6b
FR First Majestic Silver
4215.3x108.7%CA$2.7b
EDR Endeavour Silver
48.5x58.9%CA$834.6m

Price-To-Earnings vs Peers: EDR is good value based on its Price-To-Earnings Ratio (48.5x) compared to the peer average (1087.7x).


Price to Earnings Ratio vs Industry

How does EDR's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Earnings vs Industry: EDR is expensive based on its Price-To-Earnings Ratio (48.5x) compared to the Canadian Metals and Mining industry average (11x)


Price to Earnings Ratio vs Fair Ratio

What is EDR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EDR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.5x
Fair PE Ratio36.1x

Price-To-Earnings vs Fair Ratio: EDR is expensive based on its Price-To-Earnings Ratio (48.5x) compared to the estimated Fair Price-To-Earnings Ratio (36.1x).


Share Price vs Fair Value

What is the Fair Price of EDR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EDR (CA$4.61) is trading below our estimate of fair value (CA$42.61)

Significantly Below Fair Value: EDR is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: EDR is good value based on its PEG Ratio (0.8x)


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Future Growth

How is Endeavour Silver forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


58.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EDR's forecast earnings growth (58.9% per year) is above the savings rate (1.6%).

Earnings vs Market: EDR's earnings (58.9% per year) are forecast to grow faster than the Canadian market (8.2% per year).

High Growth Earnings: EDR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EDR's revenue (20.5% per year) is forecast to grow faster than the Canadian market (6.9% per year).

High Growth Revenue: EDR's revenue (20.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EDR's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Endeavour Silver performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EDR has a large one-off gain of $6.5M impacting its March 31 2022 financial results.

Growing Profit Margin: EDR's current net profit margins (7.1%) are lower than last year (19.4%).


Past Earnings Growth Analysis

Earnings Trend: EDR has become profitable over the past 5 years, growing earnings by 10.9% per year.

Accelerating Growth: EDR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EDR had negative earnings growth (-54.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (-5.8%).


Return on Equity

High ROE: EDR's Return on Equity (4.6%) is considered low.


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Financial Health

How is Endeavour Silver's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EDR's short term assets ($209.0M) exceed its short term liabilities ($40.7M).

Long Term Liabilities: EDR's short term assets ($209.0M) exceed its long term liabilities ($22.6M).


Debt to Equity History and Analysis

Debt Level: EDR has more cash than its total debt.

Reducing Debt: EDR's debt to equity ratio has reduced from 4.4% to 4.2% over the past 5 years.

Debt Coverage: EDR's debt is well covered by operating cash flow (399.7%).

Interest Coverage: EDR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Endeavour Silver current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate EDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EDR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EDR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EDR's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EDR has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure


CEO

Dan Dickson

1.08yrs

Tenure

US$1,137,775

Compensation

Mr. Daniel W. Dickson, also known as Dan, B.Com. & C.A., serves as Chief Executive officer and Director at Endeavour Silver Corp. since May 12, 2021. Mr. Dickson served as the Chief Financial Officer of En...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD1.14M) is about average for companies of similar size in the Canadian market ($USD1.57M).

Compensation vs Earnings: Dan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: EDR's management team is seasoned and experienced (6 years average tenure).


Board Members

Experienced Board: EDR's board of directors are seasoned and experienced ( 10.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EDR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

Endeavour Silver Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Endeavour Silver Corp.
  • Ticker: EDR
  • Exchange: TSX
  • Founded: 1981
  • Industry: Silver
  • Sector: Materials
  • Implied Market Cap: CA$820.147m
  • Shares outstanding: 181.05m
  • Website: https://www.edrsilver.com

Number of Employees


Location

  • Endeavour Silver Corp.
  • 609 Granville Street
  • Suite 1130
  • Vancouver
  • British Columbia
  • V7Y 1G5
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.