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

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Berenberg Bank reissued their buy rating on shares of Endeavour Mining (LON:EDV - Free Report) in a research note published on Thursday, Marketbeat Ratings reports. The firm currently has a GBX 3,300 ($43.86) price objective on the stock.

Endeavour Mining Stock Up 3.8%

LON EDV traded up GBX 88 ($1.17) on Thursday, reaching GBX 2,428 ($32.27). The company had a trading volume of 1,747,124 shares, compared to its average volume of 1,169,611. The stock's 50 day moving average is GBX 2,280.77 and its 200-day moving average is GBX 1,986.77. The stock has a market cap of £7.35 billion, a price-to-earnings ratio of -21.54 and a beta of 0.92. Endeavour Mining has a 52 week low of GBX 1,387 ($18.43) and a 52 week high of GBX 2,446 ($32.51).

Endeavour Mining (LON:EDV - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported GBX 71 ($0.94) EPS for the quarter. Endeavour Mining had a negative return on equity of 11.19% and a negative net margin of 14.83%. As a group, analysts forecast that Endeavour Mining will post 246.761658 EPS for the current 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.