Endeavour Mining Corp. (TSE:EDV) Receives Consensus Rating of “Buy” from Analysts

Endeavour Mining Corp. (TSE:EDV) has earned a consensus recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$23.50.

EDV has been the subject of a number of analyst reports. TD Securities upgraded shares of Endeavour Mining to a “strong-buy” rating in a research note on Tuesday, February 4th. BMO Capital Markets lowered their price target on shares of Endeavour Mining from C$8.50 to C$8.00 in a report on Thursday, January 9th. Ventum Cap Mkts raised shares of Endeavour Mining to a “strong-buy” rating in a report on Wednesday, November 13th. CIBC lowered shares of Endeavour Mining from an “outperform” rating to a “neutral” rating and lowered their price target for the company from C$41.00 to C$37.00 in a report on Thursday. Finally, Ventum Financial set a C$9.00 price target on shares of Endeavour Mining and gave the company a “buy” rating in a report on Wednesday, November 13th.

Endeavour Mining Stock Performance

Shares of EDV stock traded down C$1.54 during midday trading on Thursday, reaching C$29.00. 727,300 shares of the company were exchanged, compared to its average volume of 408,806. The company’s 50 day moving average price is C$28.44 and its two-hundred day moving average price is C$29.20. Endeavour Mining has a 12 month low of C$21.50 and a 12 month high of C$34.84. The company has a market cap of C$4.95 billion, a P/E ratio of -14.52 and a beta of 0.92.

Endeavour Mining Company Profile

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.