Analysts Set Endeavour Mining Corp. (TSE:EDV) PT at C$28.00

Shares of Endeavour Mining Corp. (TSE:EDV - Get Free Report) have received a consensus recommendation of "Buy" from the eight analysts that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and four have issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$28.00.

Several research firms have issued reports on EDV. TD Securities raised shares of Endeavour Mining to a "strong-buy" rating in a research note on Tuesday, February 4th. CIBC downgraded shares of Endeavour Mining from an "outperform" rating to a "neutral" rating and reduced their price target for the company from C$41.00 to C$37.00 in a report on Thursday, February 27th. Jefferies Financial Group upped their price target on shares of Endeavour Mining from C$45.00 to C$46.00 in a report on Friday, April 4th. Cibc World Mkts downgraded Endeavour Mining from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 27th. Finally, National Bank Financial upgraded Endeavour Mining to a "strong-buy" rating in a report on Friday, March 21st.

Endeavour Mining Price Performance

Shares of Endeavour Mining stock traded down C$0.08 during trading hours on Tuesday, hitting C$38.42. The company had a trading volume of 752,546 shares, compared to its average volume of 541,055. The company has a market cap of C$6.56 billion, a P/E ratio of -19.24 and a beta of 0.92. The company's 50-day moving average is C$36.08 and its two-hundred day moving average is C$31.11. Endeavour Mining has a twelve month low of C$25.07 and a twelve month high of C$42.31.

Endeavour Mining Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from Endeavour Mining's previous dividend of $0.41. This represents a yield of 1.99%. Endeavour Mining's dividend payout ratio is currently -56.07%.

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.