Endeavour Mining Corp (TSE:EDV)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $21.88 and traded as high as $25.50. Endeavour Mining shares last traded at $25.08, with a volume of 94,913 shares traded.

A number of equities research analysts recently commented on EDV shares. Pi Financial lowered shares of Endeavour Mining from a “buy” rating to a “neutral” rating and raised their price objective for the stock from C$26.50 to C$32.00 in a report on Wednesday, July 24th. CSFB dropped their price objective on shares of Endeavour Mining from C$33.00 to C$32.00 in a report on Wednesday, August 7th. Berenberg Bank raised their price objective on shares of Endeavour Mining from C$24.35 to C$28.97 in a report on Monday, July 29th. National Bank Financial raised their price objective on shares of Endeavour Mining from C$34.50 to C$37.00 and gave the stock an “outperform” rating in a report on Thursday, September 5th. Finally, Desjardins lifted their price target on shares of Endeavour Mining from C$30.00 to C$32.00 in a research note on Wednesday, July 17th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Endeavour Mining currently has a consensus rating of “Buy” and a consensus target price of C$32.81.

The company has a current ratio of 1.45, a quick ratio of 0.62 and a debt-to-equity ratio of 77.27. The firm’s 50 day simple moving average is C$26.17 and its 200-day simple moving average is C$21.90. The stock has a market capitalization of $2.79 billion and a price-to-earnings ratio of -16.95.

Endeavour Mining (TSE:EDV) last issued its quarterly earnings results on Thursday, August 1st. The company reported C$0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.06 by C$0.05. The business had revenue of C$293.93 million during the quarter, compared to analyst estimates of C$237.59 million. As a group, equities research analysts predict that Endeavour Mining Corp will post 1.5718588 earnings per share for the current year.

In other news, Director Sébastien De Montessus sold 51,000 shares of Endeavour Mining stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of C$26.65, for a total value of C$1,359,150.00. Following the completion of the transaction, the director now owns 360,628 shares of the company’s stock, valued at approximately C$9,610,736.20. Also, Senior Officer Henri De Joux sold 10,500 shares of Endeavour Mining stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of C$27.54, for a total transaction of C$289,170.00. Following the completion of the transaction, the insider now directly owns 9,279 shares of the company’s stock, valued at approximately C$255,543.66. Insiders sold a total of 73,200 shares of company stock worth $1,958,604 over the last quarter.

Endeavour Mining Company Profile (TSE:EDV)

Endeavour Mining Corporation operates as an intermediate gold producer in West Africa. Its flagship properties are the Houndé mine located in Burkina Faso and the Ity CIL project situated in Côte d'Ivoire. As of December 31, 2018, the company had proved and probable reserves of 8.0 million ounces, as well as measured and indicated resources of 13.9 million ounces of gold.

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