TSX:EDR

Stock Analysis Report

Endeavour Silver

Executive Summary

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

Snowflake

Fundamentals

Adequate balance sheet with limited growth.


Similar Companies

Share Price & News

How has Endeavour Silver's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

7.6%

EDR

0.1%

CA Metals and Mining

-0.2%

CA Market


1 Year Return

-3.9%

EDR

12.3%

CA Metals and Mining

1.1%

CA Market

Return vs Industry: EDR underperformed the Canadian Metals and Mining industry which returned 12.3% over the past year.

Return vs Market: EDR underperformed the Canadian Market which returned 1.1% over the past year.


Shareholder returns

EDRIndustryMarket
7 Day7.6%0.1%-0.2%
30 Day-7.8%-5.2%-3.3%
90 Day-3.3%-4.8%-1.6%
1 Year-3.9%-3.9%13.2%12.3%4.6%1.1%
3 Year-51.6%-51.6%-11.5%-13.1%13.1%3.1%
5 Year-30.5%-30.5%7.5%3.4%24.7%6.7%

Price Volatility Vs. Market

How volatile is Endeavour Silver's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Endeavour Silver undervalued compared to its fair value and its price relative to the market?

8.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: EDR (CA$2.96) is trading below our estimate of fair value (CA$3.22)

Significantly Undervalued: EDR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EDR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: EDR is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate EDR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EDR is overvalued based on its PB Ratio (2.3x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Endeavour Silver forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

115.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EDR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: EDR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: EDR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: EDR's revenue (22.6% per year) is forecast to grow faster than the Canadian market (5.7% per year).

High Growth Revenue: EDR's revenue (22.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Endeavour Silver performed over the past 5 years?

44.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EDR is unprofitable, but has reduced losses over the past 5 years at a rate of 44.3% per year.

Accelerating Growth: Unable to compare EDR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EDR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: EDR has a negative Return on Equity (-24.63%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: EDR is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: EDR is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Endeavour Silver's financial position?


Financial Position Analysis

Short Term Liabilities: EDR's short term assets ($67.1M) exceeds its short term liabilities ($20.5M)

Long Term Liabilities: EDR's short term assets (67.1M) exceeds its long term liabilities (11.9M)


Debt to Equity History and Analysis

Debt Level: EDR's debt to equity ratio (2.1%) is considered satisfactory

Reducing Debt: EDR's debt to equity ratio has reduced from 10.8% to 2.1% over the past 5 years.


Balance Sheet

Inventory Level: EDR has a high level of physical assets or inventory.

Debt Coverage by Assets: EDR's debt is covered by short term assets (assets are 23.794600x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if EDR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EDR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EDR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Endeavour Silver's salary, the management and board of directors tenure and is there insider trading?

11.5yrs

Average management tenure


CEO

Brad Cooke (64yo)

14.7yrs

Tenure

US$1,212,287

Compensation

Mr. Bradford James Cooke, also known as Brad, M.Sc., P.Geo., has been the Chief Executive Officer of Endeavour Silver Corp. since July 25, 2002. Mr. Cooke has been the Chairman and Director of Canarc Resou ...


CEO Compensation Analysis

Compensation vs. Market: Brad's total compensation ($USD1.21M) is about average for companies of similar size in the Canadian market ($USD1.08M).

Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

11.5yrs

Average Tenure

64yo

Average Age

Experienced Management: EDR's management team is seasoned and experienced (11.5 years average tenure).


Board Age and Tenure

9.3yrs

Average Tenure

68yo

Average Age

Experienced Board: EDR's board of directors are considered experienced (9.3 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$69,00020 Aug 19
Bradford Cooke
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares20,000
Max PriceUS$3.45
SellUS$71,00013 Aug 19
Bradford Cooke
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares20,000
Max PriceUS$3.55

Ownership Breakdown


Management Team

  • Brad Cooke (64yo)

    CEO & Director

    • Tenure: 14.7yrs
    • Compensation: US$1.21m
  • Godfrey Walton (65yo)

    President & COO

    • Tenure: 14.7yrs
    • Compensation: US$1.03m
  • Ria Fitzgerald

    Corporate Finance Consultant

    • Tenure: 8.8yrs
  • Christine West (53yo)

    VP & Controller

    • Tenure: 11.8yrs
  • Francisco Gameros

    Financial Controller of Mexican Operations

    • Tenure: 12yrs
  • Dan Dickson

    Chief Financial Officer

    • Tenure: 11.5yrs
    • Compensation: US$807.32k
  • Dale Mah

    Vice President of Corporate Development

    • Tenure: 3.3yrs
    • Compensation: US$329.98k
  • Luis Castro Valdez

    Vice President of Exploration

    • Tenure: 6.9yrs
    • Compensation: US$610.51k
  • Galina Meleger

    Director of Investor Relations

    • Tenure: 1.9yrs
  • Lorena Aguilar

    Director of Human Resources

    • Tenure: 0yrs

Board Members

  • Rex McLennan (67yo)

    Independent Director

    • Tenure: 12.3yrs
    • Compensation: US$152.55k
  • Geoff Handley (69yo)

    Independent Chairman of the Board

    • Tenure: 7.4yrs
    • Compensation: US$158.17k
  • Brad Cooke (64yo)

    CEO & Director

    • Tenure: 14.7yrs
    • Compensation: US$1.21m
  • Ricardo Campoy (68yo)

    Independent Director

    • Tenure: 9.3yrs
    • Compensation: US$143.72k
  • Mario Szotlender (58yo)

    Independent Director

    • Tenure: 17.3yrs
    • Compensation: US$139.65k
  • Len Harris (92yo)

    Director Emeritus

    • Tenure: 0yrs
    • Compensation: US$22.11k
  • Ken Ewen (72yo)

    Independent Director

    • Tenure: 7.2yrs
    • Compensation: US$140.08k
  • Margaret Beck

    Independent Director

    • Tenure: 0.4yrs

Company Information

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


Key Information

  • Name: Endeavour Silver Corp.
  • Ticker: EDR
  • Exchange: TSX
  • Founded: 1981
  • Industry: Silver
  • Sector: Materials
  • Market Cap: CA$406.930m
  • Shares outstanding: 137.48m
  • Website: https://www.edrsilver.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EDRTSX (The Toronto Stock Exchange)YesCommon SharesCACADSep 1988
EJDDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
EXKNYSE (New York Stock Exchange)YesCommon SharesUSUSDSep 1988

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 23:56
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.