Endeavour Mining Corp (TSE:EDV) Receives Consensus Recommendation of “Buy” from Brokerages
Endeavour Mining Corp (TSE:EDV) has been assigned an average recommendation of “Buy” from the seven brokerages that are currently covering the company. Five investment analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$18.07.
A number of analysts recently weighed in on EDV shares. Peel Hunt reiterated a “buy” rating and set a C$26.00 price target on shares of Endeavour Mining Corp in a research note on Thursday, September 1st. Canaccord Genuity upgraded shares of Endeavour Mining Corp from a “hold” rating to a “buy” rating and raised their target price for the stock from C$17.50 to C$29.00 in a research note on Tuesday, July 12th. Finally, Clarus Securities restated a “buy” rating on shares of Endeavour Mining Corp in a research note on Thursday, September 15th.
Endeavour Mining Corp (TSE:EDV) traded up 1.03% during trading on Friday, reaching $21.56. 267,715 shares of the company were exchanged. The stock has a 50 day moving average price of $23.27 and a 200 day moving average price of $19.89. Endeavour Mining Corp has a 12 month low of $0.60 and a 12 month high of $27.17. The firm’s market capitalization is $2.00 billion.
Endeavour Mining Corp Company Profile
Endeavour Mining Corporation is an intermediate gold mining company. The Company has an exploration portfolio in regions of Burkina Faso, Cote d’Ivoire, Mali and Ghana with a land package totaling approximately 5,080 square kilometers. Its properties include Agbaou Gold Mine, Nzema Gold Mine, Tabakoto Gold Mine and Hounde Project.
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