Ventum Financial Reiterates “C$9.00” Price Target for Endeavour Mining (TSE:EDV)

Ventum Financial set a C$9.00 target price on Endeavour Mining (TSE:EDV) in a report released on Wednesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other research analysts also recently issued reports about the company. Royal Bank of Canada downgraded Endeavour Mining from an “outperform” rating to a “sector perform” rating and lowered their price objective for the stock from C$48.00 to C$40.00 in a research note on Tuesday, August 6th. UBS Group upgraded shares of Endeavour Mining to a “strong-buy” rating in a research report on Thursday, August 1st.

Endeavour Mining Stock Performance

Shares of EDV stock opened at C$26.95 on Wednesday. The firm has a market capitalization of C$6.57 billion, a P/E ratio of -26.95 and a beta of 0.92. The company has a 50 day moving average of C$31.22. Endeavour Mining has a 52 week low of C$21.11 and a 52 week high of C$34.84.

Endeavour Mining Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were given a $0.561 dividend. This represents a yield of 1.42%. The ex-dividend date of this dividend was Friday, September 13th. Endeavour Mining’s dividend payout ratio is currently -112.00%.

About Endeavour Mining

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d’Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.