Endeavour Mining Corp. (TSE:EDV) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Endeavour Mining Corp. has achieved a consensus rating of "Buy" from analysts, with a total of seven research firms covering the stock.
• On June 4th, Royal Bank of Canada upgraded Endeavour Mining's rating from "hold" to "moderate buy," reflecting increased analyst confidence.
• The company's current market capitalization stands at C$12.84 billion, with shares trading between a 52-week low of C$25.07 and a high of C$53.85.

Endeavour Mining Corp. (TSE:EDV - Get Free Report) has received a consensus rating of "Buy" from the seven research firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$31.40.

A number of brokerages have commented on EDV. Royal Bank Of Canada upgraded Endeavour Mining from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, June 4th. 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 research note on Tuesday, June 24th.

Endeavour Mining Stock Performance

Shares of EDV opened at C$53.31 on Monday. The firm has a market capitalization of C$12.84 billion, a price-to-earnings ratio of 58.58 and a beta of 0.68. The business's fifty day moving average price is C$45.48 and its two-hundred day moving average price is C$40.51. Endeavour Mining has a 52 week low of C$25.07 and a 52 week high of C$53.85.

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.

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