National Bankshares Issues Positive Forecast for Endeavour Mining (TSE:EDV) Stock Price

Endeavour Mining (TSE:EDV - Get Free Report) had its target price increased by analysts at National Bankshares from C$51.00 to C$57.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. National Bankshares' price target would suggest a potential upside of 39.26% from the company's previous close.

Other equities research analysts have also issued research reports about the stock. Cibc World Mkts lowered shares of Endeavour Mining from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 27th. Jefferies Financial Group lifted their target price on Endeavour Mining from C$45.00 to C$46.00 in a research report on Friday, April 4th. CIBC lowered Endeavour Mining from an "outperform" rating to a "neutral" rating and lowered their price target for the company from C$41.00 to C$37.00 in a research report on Thursday, February 27th. Royal Bank Of Canada upgraded shares of Endeavour Mining from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, June 4th. Finally, National Bank Financial raised shares of Endeavour Mining to a "strong-buy" rating in a research report on Friday, March 21st. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Endeavour Mining presently has an average rating of "Buy" and an average price target of C$32.83.

Endeavour Mining Trading Down 4.6%

TSE EDV traded down C$1.99 during mid-day trading on Tuesday, hitting C$40.93. The company's stock had a trading volume of 545,355 shares, compared to its average volume of 552,559. The firm has a market capitalization of C$6.99 billion, a price-to-earnings ratio of -20.49 and a beta of 0.92. The company's 50 day simple moving average is C$40.92 and its 200 day simple moving average is C$33.84. Endeavour Mining has a twelve month low of C$25.07 and a twelve month high of C$45.17.

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.