Berenberg Bank Reaffirms Buy Rating for Endeavour Mining (LON:EDV)

Endeavour Mining (LON:EDV)‘s stock had its “buy” rating reissued by Berenberg Bank in a research note issued to investors on Thursday, Marketbeat.com reports. They currently have a GBX 2,100 ($27.14) target price on the stock. Berenberg Bank’s price target points to a potential upside of 30.27% from the stock’s previous close.

Endeavour Mining Stock Performance

LON:EDV opened at GBX 1,612 ($20.83) on Thursday. Endeavour Mining has a one year low of GBX 1,387 ($17.93) and a one year high of GBX 1,944 ($25.13). The stock has a market cap of £4.88 billion, a PE ratio of -14.30 and a beta of 0.92. The stock has a 50 day moving average price of GBX 1,596.19 and a 200 day moving average price of GBX 1,629.19.

Endeavour Mining Company Profile

Endeavour is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote 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 sustainable value to its employees, stakeholders and the communities where it operates.