Endeavour Mining (LON:EDV) Reaches New 52-Week High – Here’s What Happened

Shares of Endeavour Mining plc (LON:EDV) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 3,686 and last traded at GBX 3,502.68, with a volume of 3341120 shares. The stock had previously closed at GBX 3,214.

Analyst Ratings Changes

EDV has been the subject of several research analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a GBX 3,000 price target on shares of Endeavour Mining in a research report on Friday, August 1st. Berenberg Bank increased their target price on Endeavour Mining from GBX 3,200 to GBX 4,300 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Endeavour Mining has an average rating of “Buy” and a consensus target price of GBX 3,650.

Endeavour Mining Stock Up 9.9%

The stock has a market capitalization of £8.50 billion, a PE ratio of 38.81 and a beta of 0.92. The stock has a fifty day moving average of GBX 3,065.79 and a 200-day moving average of GBX 2,570.77.

Endeavour Mining Company Profile

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte 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.