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Endeavour Mining (LON:EDV) Hits New 52-Week High - Time to Buy?

Endeavour Mining logo with Basic Materials background

Endeavour Mining plc (LON:EDV - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 2,532.40 ($34.07) and last traded at GBX 2,524 ($33.96), with a volume of 13254428 shares traded. The stock had previously closed at GBX 2,456 ($33.05).

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on EDV. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 3,300 price objective on shares of Endeavour Mining in a research report on Thursday, July 31st. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 3,000 price objective on shares of Endeavour Mining in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of GBX 3,150.

Check Out Our Latest Research Report on Endeavour Mining

Endeavour Mining Stock Performance

The firm has a market capitalization of £7.72 billion, a P/E ratio of -22.62 and a beta of 0.92. The firm has a 50-day moving average of GBX 2,322.45 and a 200-day moving average of GBX 2,061.39.

Endeavour Mining Company Profile

(Get Free Report)

Endeavour is one of the world's senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d'Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates.

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