Mining Stock Of The Week - Endeavour Silver Corporation

Endeavour Silver is extremely oversold and offers a great risk/reward here. The upside is enormous while the downside should be limited and can be protected with a stop loss at 1.70 USD. The most obvious mid- to long-term target is the high from last summer around 5.90 - 6.00 USD. This number is far away and Endeavour as well as the silver price would have a lot of work to do of course. But it's possible. And risking 23% to make potentially 250% sounds like a very good risk/reward ratio (1:10) to me. The trade will need at a minimum of 5-10 months but could easily last even one or two years. Be aware that your position in Endeavour shouldn't exceed 3% of your portfolio at a maximum.

https://seekingalpha.com/article/4097881-mining-stock-week-endeavour-silver-corporation