Endeavour Mining (LON:EDV) Sets New 12-Month High – Should You Buy?

Endeavour Mining plc (LON:EDV)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 4,866 and last traded at GBX 4,490, with a volume of 144631719 shares traded. The stock had previously closed at GBX 4,530.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,300 price target on shares of Endeavour Mining in a research report on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 3,650.

Endeavour Mining Price Performance

The stock has a market cap of £10.81 billion, a P/E ratio of 22.68 and a beta of 0.92. The firm’s fifty day moving average price is GBX 3,817.96 and its two-hundred day moving average price is GBX 3,164.49.

About Endeavour Mining

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. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.