Endeavour Mining's (EDV) "Buy" Rating Reaffirmed at Berenberg Bank

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Berenberg Bank reaffirmed their buy rating on shares of Endeavour Mining (LON:EDV - Free Report) in a research note published on Thursday, Marketbeat reports. Berenberg Bank currently has a GBX 3,300 ($43.82) target price on the stock.

Endeavour Mining Stock Up 1.7%

EDV stock traded up GBX 40 ($0.53) during mid-day trading on Thursday, reaching GBX 2,340 ($31.07). The company had a trading volume of 44,776,238 shares, compared to its average volume of 1,465,953. The stock has a market capitalization of £7.08 billion, a P/E ratio of -20.76 and a beta of 0.92. Endeavour Mining has a one year low of GBX 1,387 ($18.42) and a one year high of GBX 2,437 ($32.36). The stock's 50-day simple moving average is GBX 2,280.77 and its two-hundred day simple moving average is GBX 1,986.77.

Endeavour Mining (LON:EDV - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported GBX 71 ($0.94) earnings per share (EPS) for the quarter. Endeavour Mining had a negative return on equity of 11.19% and a negative net margin of 14.83%. On average, research analysts forecast that Endeavour Mining will post 246.761658 EPS for the current fiscal year.

About Endeavour Mining

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.