Endeavour Silver Added to S&P/TSX Composite

S&P announces addition of Endeavour Silver on 22 March 2021. 

Which silver miners to buy?

Stock Screener: Day 6: Endeavour Silver (EXK)

Nissan went up, so we need to lock in profits.

If I don't have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don't have sustainable earnings. Don't choose big companies because these are not volatile enough to get fast profits from. I'd filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don't push it above 7% as those companies probably don't have the money to pay out dividends on a regular basis. I'd go for companies with dividends between 3% and 7%.

4) Volatility: don't choose companies that are so volatile. Maximum year over year change should be between the 20% range.

This time I just bought Endeavour Silver because I think the silver price will go up and Endeavour Silver has a nice growth profile.

Endeavour Silver: Prospects, El Cubo Strike, Silver Price

One of my favourite companies, Endeavour Silver, gives an update. Bradford Cooke explains how silver will keep going up. He gives more info about the newly acquired El Cubo Mine and why the stock went down because of it and expands further on the recent one day strike at the mine.

Ride the Silver Boom with Endeavour Silver (EXK)

Gold has been riding a phase 2 bull market since it crossed over $US 1000/ounce since 2010. But silver is still in a phase 1 bull market. Nobody is buying silver, you can't buy silver in a bank. But the interest in silver is slowly arising and coming into a phase 2 bull market. As an anecdote I'll tell you a short story of my silver buying experience.

Last year I went on holiday to Hong Kong and the idea to buy silver crossed my mind. So I went to Hang Seng Bank to do the same. They told me they could only buy gold for me, not silver. I was not interested in gold, because I wanted to be invested in the real 10 bagger, which is silver. I asked if they had silver stocks then? Answer, they had none. They didn't have Silvercorp Metals on their Hong Kong stock exchange, which is the best silver producer in China. I was completely flabbergasted. Then next on, I told the clerk to give me gold. Her advice was: "Why buy gold? it is already so high". After hearing this, I immediately knew that the bull market in precious metals hadn't even begun... But let's get back to the silver story.

Historically, Mexico has been the world's largest silver producing country in the world with an annual production of 100 million ounces per annum. So all the silver is in Mexico, if silver goes up in price, Mexico will benefit the most from that. So you got to invest in a company that has its operations primarily in Mexico. Endeavour Silver (EXK) is such a company and is recommended by Peter Schiff (as he disclosed last year that he was (and still is) invested in this stock). To know more about Endeavour Silver please visit the link here.