Analysts Set Endeavour Mining Corp. (TSE:EDV) Price Target at C$23.50

Shares of Endeavour Mining Corp. (TSE:EDV) have earned an average rating of “Buy” from the seven ratings firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$23.50.

A number of equities analysts have recently weighed in on EDV shares. TD Securities raised Endeavour Mining to a “strong-buy” rating in a research note on Tuesday, February 4th. CIBC lowered Endeavour Mining from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from C$41.00 to C$37.00 in a research note on Thursday. Cibc World Mkts lowered Endeavour Mining from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Ventum Financial set a C$9.00 price target on Endeavour Mining and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, Ventum Cap Mkts raised Endeavour Mining to a “strong-buy” rating in a research note on Wednesday, November 13th.

Endeavour Mining Stock Down 0.2 %

TSE EDV opened at C$28.67 on Thursday. The firm has a market cap of C$4.90 billion, a price-to-earnings ratio of -14.35 and a beta of 0.92. The business has a 50-day moving average price of C$28.55 and a 200-day moving average price of C$29.19. Endeavour Mining has a twelve month low of C$21.93 and a twelve month high of C$34.84.

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.