Endeavour Mining (TSE:EDV) Stock Rating Upgraded by Ventum Cap Mkts

Ventum Cap Mkts upgraded shares of Endeavour Mining (TSE:EDV) to a strong-buy rating in a research note released on Wednesday,Zacks.com reports.

Several other equities analysts also recently issued reports on the stock. UBS Group raised shares of Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st. Ventum Financial set a C$9.00 price objective on shares of Endeavour Mining and gave the company a “buy” rating in a research report on Wednesday. Finally, Royal Bank of Canada cut shares of Endeavour Mining from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$48.00 to C$40.00 in a research report on Tuesday, August 6th.

Endeavour Mining Stock Down 0.8 %

Shares of EDV stock opened at C$26.95 on Wednesday. Endeavour Mining has a 12-month low of C$21.11 and a 12-month high of C$34.84. The company has a market cap of C$6.57 billion, a P/E ratio of -26.95 and a beta of 0.92. The company’s 50-day moving average price is C$31.22.

Endeavour Mining Announces Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 10th. Shareholders 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 payout ratio is presently -112.00%.

Endeavour Mining Company Profile

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.