Endeavour Mining Corp. (TSE:EDV) Receives C$32.83 Average Price Target from Brokerages

Endeavour Mining Corp. (TSE:EDV - Get Free Report) has been given a consensus rating of "Buy" by the eight research firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, two have given a buy recommendation and four have assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$32.83.

A number of research analysts recently commented on EDV shares. National Bankshares increased their price target on Endeavour Mining from C$51.00 to C$57.00 and gave the company an "outperform" rating in a report on Tuesday, June 24th. Royal Bank Of Canada upgraded Endeavour Mining from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, June 4th. Jefferies Financial Group upped their price objective on Endeavour Mining from C$45.00 to C$46.00 in a research note on Friday, April 4th. Finally, National Bank Financial upgraded Endeavour Mining to a "strong-buy" rating in a research note on Friday, March 21st.

Endeavour Mining Price Performance

EDV traded up C$0.33 on Wednesday, reaching C$42.13. The company's stock had a trading volume of 195,326 shares, compared to its average volume of 552,110. The stock has a market cap of C$7.20 billion, a price-to-earnings ratio of -21.09 and a beta of 0.92. Endeavour Mining has a 1 year low of C$25.07 and a 1 year high of C$45.17. The business's 50 day moving average is C$41.25 and its 200 day moving average is C$34.51.

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.