Endeavour Mining Corp. (TSE:EDV) Receives C$31.40 Average Price Target from Brokerages

Shares of Endeavour Mining Corp. (TSE:EDV) have been given a consensus recommendation of “Buy” by the seven analysts that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$31.40.

A number of equities research analysts have recently weighed in on EDV shares. Royal Bank Of Canada upgraded Endeavour Mining from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 4th. National Bankshares boosted their price target on Endeavour Mining from C$51.00 to C$57.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 24th.

Endeavour Mining Stock Performance

Shares of Endeavour Mining stock opened at C$47.77 on Thursday. Endeavour Mining has a one year low of C$25.07 and a one year high of C$48.08. The company has a market capitalization of C$8.16 billion, a PE ratio of -23.92 and a beta of 0.92. The company has a 50-day simple moving average of C$43.34 and a two-hundred day simple moving average of C$38.75.

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.