EXK

Analyst coverage is overwhelmingly bullish—both HC Wainwright & Co. and B. Riley Securities maintain Strong Buy ratings—yet fund-flow data reveal a net negative trend across most size brackets (overall, block, large, extra-large), despite positive small and medium flows. This divergence implies that institutional money is still cautious, even as price momentum and analyst sentiment align. Investors should monitor whether fund inflows catch up to sustain the technical rally.