If you're looking for a way to play the rise in silver without having to take on the risk of futures positions, Endeavour Silver Corp. (NYSE: EXK) should be at the top of your list of potential investments.
Founded in 1981, Endeavour Silver is based out of Vancouver, Canada. The company has more than 750 full-time employees, with production of gold and silver in Mexico. It has a market cap of about $700 million, with an enterprise value of $574 million, once net debt and cash is accounted for.
On March 22, 2011 Endeavor released its annual results for 2010; to say that they hit the ball out of the park would be an understatement.
- Buy, Sell or Hold: Endeavour Silver Corp. (NYSE: EXK) is the Perfect Way to Play the Precious Metals Bull