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Jbay76 (< 20)

What is the consensus for Endeavor Silver Corp.?

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August 17, 2010 – Comments (2) | RELATED TICKERS: EXK

So I came across this company, EXK, and it had a pretty good pitch from a recent Fool article, but when I looked at some of it's stats., I got turned off.  A P/E of 141 seems really high to me, and less than 3 years in operation, I was just left wondering whether it is worth investing in.  I realize silver and gold may go up in value, but does that mean that this company,or any mining company woudl go upin value as well? 

 

Any Fools thoughts on this?

Thanks

2 Comments – Post Your Own

#1) On August 17, 2010 at 2:57 PM, Capsperson wrote:

Long term I'm fairly bullish on silver and think it will go up.  But silver stocks overpriced to begin with might not go up.

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#2) On August 17, 2010 at 4:19 PM, 100ozRound (29.52) wrote:

You have to think about what they have in the ground.  Miner's are hard to value on P/E alone.

See Sinch's article/interview here for good info on EXK

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