Endeavour Mining (LON:EDV) Trading Up 10.7% – Here’s What Happened

Endeavour Mining plc (LON:EDV) shares traded up 10.7% during trading on Thursday . The company traded as high as GBX 3,686 and last traded at GBX 3,558.13. 3,470,529 shares changed hands during mid-day trading, an increase of 210% from the average session volume of 1,118,031 shares. The stock had previously closed at GBX 3,214.

Analyst Ratings Changes

A number of research analysts recently weighed in on EDV shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,300 price objective on shares of Endeavour Mining in a research report on Thursday. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 3,000 target price on shares of Endeavour Mining in a research note on Friday, August 1st. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 3,650.

Endeavour Mining Trading Down 4.1%

The firm has a market capitalization of £7.95 billion, a PE ratio of 36.29 and a beta of 0.92. The firm has a 50 day simple moving average of GBX 3,091.37 and a 200 day simple moving average of GBX 2,585.75.

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.