Endeavour Mining (TSE:EDV) Price Target Raised to C$105.00 at TD

Key Points

• TD raised its price target on Endeavour Mining to C$105 from C$94 and maintains a "buy" rating, implying roughly a 21.11% upside from the prior close.
• Other analysts have also lifted targets (Jefferies to C$92, National Bank Financial to C$113), and the stock carries a consensus Buy rating with a consensus price target of C$98.75.
• The shares traded at C$86.70 (down C$4.21) with a market cap of C$21.08 billion and a 12‑month range of C$36.91–C$98.71; the latest quarter showed EPS of C$1.28 on C$1.69 billion revenue and a net margin of 15.99%.

Endeavour Mining (TSE:EDV - Get Free Report) had its price target upped by stock analysts at TD from C$94.00 to C$105.00 in a report issued on Tuesday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. TD's price objective indicates a potential upside of 21.11% from the company's previous close.

EDV has been the topic of several other research reports. Jefferies Financial Group boosted their price objective on Endeavour Mining from C$81.00 to C$92.00 in a report on Monday, January 19th. National Bank Financial boosted their price objective on Endeavour Mining from C$93.00 to C$113.00 and gave the stock an "outperform" rating in a report on Friday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of C$98.75.

Endeavour Mining Stock Performance

TSE EDV traded down C$4.21 on Tuesday, reaching C$86.70. The company's stock had a trading volume of 445,933 shares, compared to its average volume of 705,906. Endeavour Mining has a twelve month low of C$36.91 and a twelve month high of C$98.71. The stock has a market cap of C$21.08 billion, a PE ratio of 31.64 and a beta of 1.54. The firm's 50 day moving average is C$84.94 and its two-hundred day moving average is C$73.17.

Endeavour Mining (TSE:EDV - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported C$1.28 earnings per share for the quarter. Endeavour Mining had a net margin of 15.99% and a return on equity of 22.85%. The company had revenue of C$1.69 billion during the quarter. Equities research analysts anticipate that Endeavour Mining will post 4.4476987 EPS for the current fiscal year.

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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